News Centre

Hong Kong Securities And Futures Commission Bans Tang Shiyi For 10 months

Date 31/10/2022

The Securities and Futures Commission (SFC) has banned Ms Tang Shiyi, a former licensed representative of China Galaxy International Securities (Hong Kong) Co., Limited and China Galaxy International Futures (Hong Kong) Co., Limited (collectively, CGI), from re-entering the industry for 10 months from 29 October 2022 to 28 August 2023.

Substantive Research Exposes Market Data Pricing Inconsistencies - Shines A Light On Opaque Pricing Frameworks Across Indices, Ratings, Research And Analytics Markets, Terminals, And Pricing And Reference Data

Date 31/10/2022

• For Pricing and Reference Data, some institutions can pay up to 10 times more than peers
• For Index Data, some institutions are paying over 13 times (1300%) more than peers
• For Ratings Data, some institutions are paying over 3 times more than peers 

CME Group Announces First Day Of Trading Of €STR Futures

Date 31/10/2022

CME Group, the world's leading derivatives marketplace, today announced the first day of trading of a new suite of overnight index futures based on the Euro Short-Term Rate (€STR).

Securities Commission Malaysia Unveils Digital-Related Initiatives To Bolster Capital Market - Measures To Help Address Funding Needs Of MSMEs And Mid-Tier Companies

Date 31/10/2022

The Securities Commission Malaysia (SC) today announced new digital-related initiatives to spur the growth of the capital market and help support the country’s economic recovery.

Stable Growth In Performance And Sustained Recovery In Consumption: Companies On Shanghai Stock Exchange Main Board Disclose 2022 Third Quarter Reports

Date 31/10/2022

As of October 31, 2022, 1,669 listed companies on the main board of the Shanghai Stock Exchange (SSE) had completed the disclosure of their 2022 third quarter reports. In general, thanks to the strong support of the Party Central Committee and the State Council's package of measures to stabilize the economy, companies on SSE main board achieved stable growth in the first three quarters. Consumption and other industries that had suffered setbacks showed positive momentums of marginal repair. The foundations for recovery and development in all industries continued to solidify.

Embracing Innovation, Regulation And The Future Of Finance, Keynote Address At Hong Kong FinTech Week 2022, Ms Julia Leung, Hong Kong Securities And Futures Commission Deputy Chief Executive Officer And Executive Director, Intermediaries

Date 31/10/2022

Good morning everyone. It’s my pleasure to be here at FinTech Week once again.

Monetary Authority Of Singapore Report On Potential Uses Of A Purpose-Bound Digital Singapore Dollar

Date 31/10/2022

The Monetary Authority of Singapore (MAS) released today a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required, marking the successful completion of Phase 1 of Project Orchid  

Bursa Malaysia Announces Rm177.6 Million Profit After Tax And Zakat For The Nine Months Ended 30 September 2022

Date 31/10/2022

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) recorded a Profit After Tax and Zakat (“PAT”) of RM177.6 million for the nine-month financial period ended 30 September 2022 (“9M2022”), a 38.8% decrease from RM290.3 million reported in the previous corresponding period ended 30 September 2021 (“9M2021”). The decrease in PAT is due to lower operating revenue by 24.6% to RM445.2 million from RM590.0 million in 9M2021, primarily caused by a decline in securities trading revenue. Meanwhile, total operating expenses saw a 0.7% marginal increase to RM214.7 million in 9M2022, compared to RM213.2 million in 9M2021.

Singapore FinTech Festival Kicks Off With Over 850 Expert Speakers And 450 FinTech Exhibitors

Date 31/10/2022

The seventh edition of the Singapore FinTech Festival (SFF) kicks off today as an in-person event from 31 October to 4 November. Organised by the Monetary Authority of Singapore (MAS) and Elevandi, the theme of SFF 2022 is ‘Building Resilient Business Models amid Volatility and Change’. 

HKEX Welcomes The Hong Kong Securities and Futures Commission’s Announcement On Virtual Asset ETFs

Date 31/10/2022

HKEX welcomes the SFC announcement today permitting the listing of ETFs with virtual assets as their underlying. This will further strengthen Hong Kong’s role as an international financial centre, as well as supporting the continued growth of Hong Kong as Asia’s preferred ETF marketplace.