News Centre

ESMA Reminds Firms Of Conduct Of Business Obligations Under MiFID II

Date 06/05/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is issuing a Public Statement on the risks for retail investors when trading under the highly uncertain market circumstances due to the COVID-19 pandemic. ESMA also reminds investment firms of the key conduct of business obligations under MiFID when providing services to retail investors.

Monetary Authority Of Singapore, Singapore Securities Industry Council And Singapore Exchange Regulation: Electronic Dissemination Of Rights Issue And Take-Over Documents Allowed Until 30 September 2020

Date 06/05/2020

The Monetary Authority of Singapore (MAS), the Securities Industry Council (SIC) and the Singapore Exchange Regulation (SGX RegCo) have today introduced temporary measures to allow with immediate effect until 30 September 2020, listed  issuers and parties involved in rights issues and take-over or merger transactions the option to electronically disseminate Offer Documents through publication on SGXNET and their corporate websites. There is thus no need to despatch hardcopy Offer Documents as required under the Securities and Futures Act, the Singapore Code on Take-overs and Mergers, and the SGX Listing Rules. 

Shanghai Stock Exchange: STAR Companies Release Annual Reports With Highlights

Date 06/05/2020

As of April 30, 2020, all of the 100 companies listed on the SSE STAR Market (the “STAR companies” for short) had released their 2019 annual reports or disclosed the main operating statistics in announcements as required, after overcoming the adverse effects of the COVID-19 pandemic. It is worth mentioning that the two companies registered in Wuhan, Wuhan Xingtu Xinke Electronics Co., Ltd. and Cabio Biotech (Wuhan) Co., Ltd., also announced their annual reports on schedule despite the difficulties. Overall, the performance results of the STAR companies in the first year of listing meet market expectations, and show the distinctive features of science and technology innovation.

EEX Group Monthly Report April 2020

Date 06/05/2020

Key achievements in April

Power

• The European power derivatives volume was largely driven by consistent growth in the Germany Phelix-DE futures and the strong performance of the French (+152% trading volume y-o-y), Spanish (+140% y-o-y) and Hungarian (+256% y-o-y) power futures. The Hungarian power futures continued its positive development, making Hungary now the 4th largest power market in terms of traded volume on EEX’s European power derivatives platform, behind Germany, Italy and France.
• On the Austrian, French and German Intraday power markets, flexibility products, namely
• 15 minute and 30 minute contracts, displayed healthy growth rates.

Bursa Malaysia Grants A 1-Month Extension Of Time For Listed Issuers With Financial Year Ending On 31 March 2020 To Submit Annual Reports And Annual Audited Financial Statements

Date 06/05/2020

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) is pleased to announce that it has granted an extension of time of one month for the issuance of annual reports and annual audited financial statements by listed issuers with financial year ending on 31 March 2020.  

Shanghai Gold Exchange: Notification On Adjusting Margin Rates And Price Limits On Deferred Contracts

Date 06/05/2020

After the market opens on May 6th , 2020 (Wednesday), the trading of gold and silver deferred contracts tends to be stable, according to the “Measures for the Administration of Risk Control of the Shanghai Gold Exchange”, SGE is going to adjust trading margins and price limits of the deferred contracts including Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, NYAuTN12 and Ag(T+D).

Shanghai Stock Exchange STAR Market Scores First Century Of Listed Companies

Date 06/05/2020

This is the central arena of capital serving scientific and technological innovation. This is where new attempts are made to allocate capital resources for the supply-side reform.This is where China's new economy integrate with the world. Since its opening, the Science and Technology Innovation Board of the Shanghai Stock Exchange (the SSE STAR Market) has featured new-born hope and spirit of reform in the past nine months. Today, the "STAR 100" companies have made their collective debut, and are playing the leading role of the "test field" for deepening the reform of the capital market.

Asia-Pacific Continues To Witness Growth In Deal Activity For Third Consecutive Week, Finds GlobalData

Date 06/05/2020

A total of 385 deals were announced in the Asia-Pacific (APAC) region during the week ended 3 May 2020, which is an increase of 11.6% over 345 deals announced during the previous week, according to GlobalData, a leading data and analytics company.

ASIC Guidelines For Investor Meetings Using Virtual Technology

Date 06/05/2020

On 20 March 2020, ASIC issued guidelines for meeting upcoming annual general meetings (AGM) and financial reporting requirements. See also media release 20-070MR.

Closure Of Bursa Malaysia In Conjunction With Nuzul Al-Quran

Date 06/05/2020

Bursa Malaysia Berhad and its subsidiaries will be closed on Monday, 11 May 2020, in lieu of Nuzul Al-Quran which falls on Sunday, 10 May 2020.