News Centre

Shanghai Stock Exchange Revises Guidelines For Key Points Of Infrastructure REITs Review To Promote High-quality REIT Market

Date 27/12/2024

On December 27, under the guidance of China Securities Regulatory Commission (CSRC), Shanghai Stock Exchange (SSE) issued the Guidelines of Shanghai Stock Exchange for the Application of Rules for the Publicly Offered Infrastructure Real Estate Investment Trusts (REITs) No. 1 - Key Points of Review (for Trial Implementation) (2024 Revision) (hereinafter referred to as the "Guidelines"). The Guidelines is a timely summary and refinement of the REITs review practices in the infrastructure sector. It aims to further improve the REIT rule system, enhance the standardization, effectiveness, and relevance of REIT review and information disclosure, urge market participants to fulfill their responsibilities, effectively protect investors' legitimate rights and interests, and promote the regular issuance and high-quality development of the REIT market.

Further Cut Costs To Boost Market: Shanghai Stock Exchange Issues 2025 Fee Reduction Notice

Date 27/12/2024

Today, Shanghai Stock Exchange (SSE) announced the Notice on Temporary Waiver of Certain Fees for 2025, outlining a range of fee reduction measures. These include waiving listing fees for companies listed on the SSE, reducing Participant Business Unit (PBU) usage fee, and waiving handling fees for bond transactions excluding convertible bonds. At the same time, the SSE's subsidiaries will reduce fees for trading gateway speed, machine rooms, machine cabinets, and related office resources, as well as costs for SSE Service, SSE Vote, and SSE Cloud. The total expected fee reduction for 2025 is approximately 965 million yuan. The SSE has been cutting more fees every year to improve the business environment, boost market expectations and confidence, and promote steady economic recovery.

Shanghai Stock Exchange Revises Guidelines For Special Corporate Bonds To Enhance National Strategic Effectiveness

Date 27/12/2024

On December 27, under the guidance of the China Securities Regulatory Commission, the SSE revised and published the Guidelines for Review of Corporate Bond Issuance and Listing on Shanghai Stock Exchange No. 2—Special Corporate Bonds (2024 Revision) (hereinafter referred to as "the Guidelines"). This revision is an important measure by the SSE to implement national strategies and support the real economy. It aims to better guide funds toward key areas of national strategic importance and effectively serve enterprises in industries such as sci-tech innovation and green development.

Dalian Commodity Exchange: Notice On Exemption Of Delivery Commission And Other Fees

Date 27/12/2024

It is decided upon discussion to exempt the following fees for traders other than high frequency traders identified by DCE from January 1, 2025 to December 31, 2025:

1. futures delivery commission

2. fee for standard warehouse receipt transfer

Zhengzhou Commodity Exchange: Notice On Exemption Of Position Opening Fee For Hedging Purpose, Delivery Fee, Registered Warehouse Receipt Transfer Fee And Service Fee For Using Standard Warehouse Receipt As Margin

Date 27/12/2024

Zhengzhou Commodity Exchange has decided upon discussion to exempt the position opening fee for hedging purpose, delivery fee, registered warehouse receipt transfer fee (including the transfer fee incurred in the EFP process), service fee for using standard warehouse receipt as margin for all futures contracts from the trading session of January 2, 2025 to December 31, 2025, except for high-frequency traders identified by the Exchange.

Dalian Commodity Exchange: Notice On Strengthening Risk Management During 2025 New Year’s Day Holiday

Date 27/12/2024

The price limits and trading margins of all products on Dalian Commodity Exchange will remain unchanged during 2025 New Year’s Day Holiday. All members are required to send risk alerts to the clients and intensify the prevention of market risks, so as to ensure the smooth market operation.

Press Conference By KATO Katsunobu, Japan Minister Of Finance And Minister Of State For Financial Services - Theft From Safe-Deposit Boxes By Former Employee Of Mitsubishi UFJ Bank

Date 27/12/2024

(Excerpt)

(Tuesday, December 17, 2024, 8:32 am to 8:35 am)

Q.

My question is about the cases of theft from safe-deposit boxes by a former employee of Mitsubishi UFJ Bank, Ltd. Yesterday, the bank held a press conference and apologized for the cases. The bank's president announced that the bank will consider dispositions for relevant executives. What response measures does the Financial Services Agency (FSA) expect the bank to take? Could you explain what the FSA will request from the bank?

CFFEX: Notice On Reducing The 2025 Delivery Fee And Exercise (Assignment) Fee By Half

Date 27/12/2024

From January 1, 2025 to December 31, 2025, the delivery fees for equity index futures and CGB futures, and the exercise (assignment) fee for equity index options will be reduced by half, excluding that of high-frequency traders identified by the Exchange.

Hong Kong Securities And Futures Commission Reprimands And Fines Ever-Long Securities Company Limited $3 Million For Sponsor Failures

Date 27/12/2024

The Securities and Futures Commission (SFC) has reprimanded and fined Ever-Long Securities Company Limited (Ever-Long) $3 million for failing to discharge its duties as the sole sponsor in the application of Coastal Corporation Limited (Coastal) in 2016 to list on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong Limited (SEHK).

Federal Reserve Senior Credit Officer Opinion Survey On Dealer Financing Terms

Date 26/12/2024

The Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) is a quarterly survey providing information about the availability and terms of credit in securities financing and over-the counter (OTC) derivatives markets. The SCOOS is modeled after the long-established Senior Loan Officer Opinion Survey on Bank Lending Practices, which provides qualitative information about changes in supply and demand for loans to households and businesses at commercial banks. The SCOOS collects qualitative information on credit terms and conditions in securities financing and OTC derivatives markets, which are important conduits for leverage in the financial system. The survey panel for the SCOOS began by including 20 dealers and over time has been expanded. These firms account for almost all of the dealer activity in dollar-denominated securities financing and OTC derivatives markets. The survey is directed to senior credit officers responsible for maintaining a consolidated perspective on the management of credit risks. The HTML links below include the full report; the PDF links include the summary only.