News Centre

Shanghai Stock Exchange Convenes The 12th General Meeting

Date 18/07/2022

The Shanghai Stock Exchange (SSE) will convene the 12th General Meeting from July 18 to July 22, 2022, lasting 5 days. The General Meeting, as an important platform for the SSE to improve its governance structure for the legal entity and enhance the synergy of its members, is of great significance to the high-quality development of the SSE and the capital market. Given the current situation of epidemic prevention and control across China, this General Meeting is held online and mainly reviews the work reports of the Board, the President and the Board of Supervisors in 2021, the financial budget and final accounts report, as well as the proposal of authorizing the Board to review and approve documents related to budget and final accounts under specific circumstances. The representatives of the members can review documents, vote, and give feedback through the General Meeting System of the SSE.

Lord Abbett Expands Global Presence Selecting DIFC For First Middle East Branch

Date 18/07/2022

• Lord Abbett (Middle East) Limited has received approval from the DFSA to operate as an asset manager
• DIFC is the region’s largest Wealth and AssetManagement hub with over 250 companies overseeing more than USD 450bn assets under management
• DIFC is the region’s preferred platform for firms to develop, distribute, manage and domicile all types of funds
• Lord Abbett has more than 50 years of experience in multi-sector credit investment and an impressive depth of analytical credit research within the firm

Shenzhen Stock Exchange Market Bulletin, July 15, 2022 - Issue 21

Date 18/07/2022

Click here to download Shenzhen Stock Exchange;s market bulletin, Issue 21,

CFFEX: Notice On Releasing CSI 1000 Index Futures And Index Options Contract Specifications And Relevant Rules

Date 18/07/2022

China Financial Futures Exchange (the “Exchange”) hereby releases the CSI 1000 Index Futures Contract Specifications, the CSI 1000 Index Options Contract Specifications, the Detailed Trading Rules of China Financial Futures Exchange for CSI 1000 Index Futures Contract, and the Detailed Trading Rules of China Financial Futures Exchange for Equity Index Options Contract (Revised), which have been reported to the China Securities Regulatory Commission (CSRC).

Shanghai Stock Exchange Launches Pilot Of Portfolio Credit Protection Contracts To Support Bond Financing Of Real Enterprises

Date 18/07/2022

In order to implement the decision and deployment of the Party Central Committee and the State Council on supporting the development of private enterprises, and fulfill the requirements of the government work report on improving the bond financing support mechanism for private enterprises, the Shanghai Stock Exchange (SSE) has recently launched a pilot of portfolio credit protection contract (CDX) with approval of the China Securities Regulatory Commission (CSRC), with a view to supporting enterprise financing in a market-oriented manner.

Monetary Authority Of Singapore: Update On Progress Of Developing The Equitable Loss Sharing Framework For Scams

Date 18/07/2022

The Monetary Authority of Singapore (MAS) today updated that the draft framework for equitable sharing of losses affecting scam victims will be published for public consultation in the coming months. 

Tiger Brokers (Singapore) Extends Zero Commissions To Singapore And Hong Kong Stocks And China A-Shares - This Offer Serves To Further Lower Barriers To Entry For Tiger Brokers Users And Promotes Portfolio Diversification Opportunities Amidst Today’s Volatile Markets

Date 18/07/2022

Online trading platform Tiger Brokers (Singapore) today announced the extension of its Zero Commission campaign, originally for unlimited trades on US stocks, to users trading Singapore and Hong Kong stocks as well as China A-Shares, for one year.

Saudi Exchange Launches TASI Islamic Index

Date 17/07/2022

The Saudi Exchange introduces today the TASI Islamic Index, its first Shariah Compliant Index to track the performance of the Shariah compliant companies listed on the Saudi Exchange under the supervision of an independent Shariah Advisory Committee which has been announced earlier.

Ahead Of Its DFM Listing On 18th July 2022: The Demarcation Of Union Coop’s Indicative Share Price At AED 3.9 Following Share Split

Date 16/07/2022

The indicative price of the Union Coop share has been demarcated at AED 3.9 following share split of 1 to 10 whereby each Union Coop member will receive 10 shares in exchange for 1 share they own, ahead of its listing on Dubai Financial Market (DFM), which is due on 18th of July 2022, as the first consumer cooperative in the United Arab Emirates to take this pioneering step.

IMF Managing Director Kristalina Georgieva Urges G20 Leadership To Address ‘Exceptionally Uncertain’ Global Outlook

Date 16/07/2022

International Monetary Fund Managing Director Kristalina Georgieva made the following statement today at the hybrid meeting of the G20 Finance Ministers and Central Bank Governors:

“I would like to thank the Government of Indonesia for their hospitality and Minister of Finance Sri Mulyani Indrawati and Governor Perry Warjiyo for their wise stewardship of the G20 meetings amid an increasingly challenging global backdrop.