News Centre

Presentation By HKEX Chief Executive Charles Li And Group Chief Financial Officer Vanessa Lau On 2020 Interim Results Announcement

Date 19/08/2020

Financial Performance

• Record half-yearly revenue and profit despite challenging macroeconomic backdrop with core business revenue up by 13%YoY; total revenue up by 2%YoY and PAT up by 1%YoY 
• Record half-yearly Stock Connect revenue of HK$743mn (+46%YoY) 
• Net investment income fell HK$681mn, primarily due to the fair value losses of collective investment schemes previously announced at Q1

SGX RegCo Publishes Its Observations Of Catalist Sponsors

Date 19/08/2020

Singapore Exchange Regulation (SGX RegCo) today released its inaugural “Findings and Recommendations on Continuing Sponsorship Work” publication which aims to highlight areas for improvement following its observations from reviews and inspections of sponsors.

Shenzhen Stock Exchange And Huaxia Bank Sign A Strategic Cooperation Agreement To Jointly Improve The Financial Capability To Serve The Real Economy

Date 19/08/2020

On August 13, Shenzhen Stock Exchange (“SZSE”) and Huaxia Bank Co., Ltd. (“Huaxia Bank”) signed a strategic cooperation agreement and had an in-depth discussion on how to promote deep integration of commercial banks with capital market, further reduce enterprises’ financing cost, do well in supporting pandemic prevention and control and economic and social development as a whole, fulfill the task of ensuring stability on six fronts and maintaining security in six areas, etc. SZSE Party Secretary and Chairman Wang Jianjun, SZSE Deputy Party Secretary and General Manager Sha Yan, Huaxia Bank Deputy Party Secretary and President Zhang Jianhua, etc. attended relevant activities.

Mohammed bin Rashid Enacts Amendments To DIFC’s Common Reporting Standard Law

Date 19/08/2020

• Updated Law enhances the Centre’s reputation as a stable, safe and transparent business destination
• DIFC Authority’s Board of Directors also issues new Common Reporting Standard Regulations

Archax Regulated By FCA As First Ever Digital Securities Exchange In UK - Includes MTF, 5MLD, Custody And Brokerage Permissions

Date 19/08/2020

Archax today announced becoming the first ever FCA regulated digital securities exchange and custodian in the UK. This important milestone for the emerging global digital securities ecosystem means, for the first time, digital issuances from across the world will be able to trade on an FCA authorised secondary market and institutions will have access to a credible regulated trading venue on which to engage with the digital securities space. At the same time, Archax has also become the first ever company to receive its FCA cryptoasset registration, and therefore become a fully compliant VASP (Virtual Asset Service Provider). This FCA registration was introduced earlier this year as part of the amended Money Laundering Regulations (5MLD) and is now mandatory for all cryptoasset firms. 

ESMA Recommends Priority Topics In AIFMD Review

Date 19/08/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has written to the European Commission (Commission) highlighting areas to consider during the forthcoming review of the Alternative Investment Fund Managers Directive (AIFMD).

Shenzhen Stock Exchange And China Merchants Bank Sign A Strategic Cooperation Agreement To Jointly Serve The Building Of The Guangdong-Hong Kong-Macao Greater Bay Area And The Pilot Demonstration Area Of Socialism With Chinese Characteristics

Date 19/08/2020

On August 13, SZSE and China Merchants Bank Co., Ltd. (“CMB”) signed a strategic cooperation agreement. The two had a meeting and discussed deepening the integration between commercial banks and the capital market, strengthening the capacity of finance to serve the real economy, fulfilling the task of ensuring stability on six fronts and maintaining security in six areas, better serving the building of the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration area of socialism with Chinese characteristics, etc. SZSE Party Secretary and Chairman Wang Jianjun, SZSE Deputy Party Secretary and General Manager Sha Yan, CMB Party Secretary and President Tian Huiyu, etc. attended the signing ceremony and the meeting.

Cappitech Expands Its End Point Network With DTCC In Support Of MAS OTC Derivatives Reporting

Date 19/08/2020

Cappitech, a multi-award winning and leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, announces the extension of the regulatory regimes it supports to include the Monetary Authority of Singapore (MAS) OTC Derivatives transaction reporting through The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry.

Panta Capital Launches Private Equity Co-Investment Services With Rembuyung Fertiliser Investment - Panta Aims To Bring German Discipline And European Private Equity To The Indonesian Investment Market

Date 19/08/2020

Panta Capital announces the launch of its Private Equity Co-Investment Service and its seed investment of ≅Euro 500,000 in fertiliser startup Rembuyung. Headquartered in Jakarta, with Euro 23.3 million AUM, the firm will focus on raising private equity investment from Europe to co-invest in high growth companies and projects in Indonesia, combining in-country knowledge with Germanic rigour and investment procedures, while giving practical support to promote growth in investee enterprises. Panta will act as lead investor, providing investment research, due diligence and advisory services to its private equity co-investor clients.

HKEX Releases Interim Results For 2020

Date 19/08/2020

Strategic Highlights

• Hong Kong’s IPO market ranked second globally by number of IPOs in 1H 2020 (with 64 new company listings, including the secondary listing of NetEase, Inc. and JD.com, Inc.); and third globally by IPO funds raised ($92.8 billion). An innovative virtual IPO ceremony option was introduced for newly listed issuers 
• Stock Connect Northbound and Southbound ADT reached record half-yearly highs of RMB74.3 billion and $20.7 billion respectively 
• Bond Connect reached its 3rd anniversary in July, with ADT reaching a record half-yearly high of RMB19.9 billion, tripling that of 1H 2019 
• ADT of Exchange Traded Products (ETPs) reached $7.1 billion, 34 per cent higher than in 1H 2019. New initiatives, together with stamp duty waiver on stock transfers paid by ETP market makers, will support continued volume growth 
• Major agreement signed to license a suite of MSCI indexes in Asia and Emerging Markets for the introduction of 37 futures and options contracts, 33 of which were introduced in July and August 2020 
• New product launches included: USD and CNH Silver Futures, the first Iron Ore Futures ETF, the first commodity-based L&I Product, the first active equity ETF, and the first four A share L&I Products 
• The LME introduced new rules on optimising its warehouse network on 1 February 2020 
• HKEX Foundation and its first flagship charity partnership programme were launched, in celebration of HKEX’s 20th listing anniversary 
• HKEX announced plans for its new Sustainable and Green Exchange (STAGE)