News Centre

Shenzhen Stock Exchange Pays Great Importance To The Annual Report Of Sunrise And Requires The Latter's Directors, Supervisors And Senior Management To Perform Their Duties With Diligence

Date 27/04/2020

On April 24, Shenzhen Sunrise New Energy Co., Ltd. ("Sunrise" or "the Company") disclosed its 2019 annual report, in which five directors, three supervisors and four senior management members of the Company declared that the truthfulness, accuracy and completeness of the Company's annual report cannot be guaranteed. SZSE paid close attention to this and immediately issued a letter of concern. SZSE required the above-mentioned personnel of the Company to perform their duties faithfully and diligently, and issue an auditor’s report of disclaimer of opinion on the Company's consecutive losses in 2018 and 2019 and 2019 financial reports. SZSE will give delisting risk warning on the Company since the trading began on SZSE on April 27.

Hong Kong Securities And Futures Commission Obtains Disqualification Orders Against Former Directors Of Long Success International (Holdings) Limited

Date 27/04/2020

The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against the former vice chairman and executive director of Long Success International (Holdings) Limited (Long Success), Mr Victor Ng, the company's former non-executive director Mr Zhang Chi, and three former independent non-executive directors, Mr Winfield Ng Kwok Chu, Mr Robert Ng Chau Tung and Mr Tse Ching Leung.

ASIC Letters To General And Life Insurers In The Current COVID-19 Environment

Date 27/04/2020

ASIC is committed to working constructively and pragmatically with general and life insurers to help Australians affected by the COVID Pandemic to recover, and to aid the general functioning of the economy.

Leveraging Strengths Of The Capital Market And Deepening The High-Level Cooperation Between China And ASEAN -- Shenzhen Stock Exchange And Bursa Malaysia Hold The Webinar On Electronic Industry In China And Malaysia

Date 27/04/2020

On April 24, SZSE and Bursa Malaysia together with Industry and Information technology of Guangxi and Guangxi Local Financial Supervision and Administration held the Webinar on Electronic Industry in China and Malaysia. This is a start-up project for SZSE to implement the Memorandum of Cooperation signed with relevant government departments of Guangxi on the same day, and one of the specific measures to implement the Memorandum of Understanding on cooperation between SZSE and Bursa Malaysia signed with Bursa Malaysia. It is also a useful exploration for SZSE to leverage its strengths in market, technology and region, support Guangxi to build into a financial gateway towards ASEAN, and take the initiative to serve the stable and healthy development of industrial cooperation between China and ASEAN countries.

Tokyo Commodity Exchange: Base Prices For July 2021 Contracts Of Peakload Electricity On The First Trading Day

Date 27/04/2020

The base prices for Immediately Executable Price Range (DCB Level) and Circuit Breaker Trigger Level (SCB Level) for July 2021 contracts of Peakload Electricity on the First Trading Day, April28^th, 2020, shall be as below.

Shenzhen Stock Exchange Guangxi Service Center Officially Launched To Further Support The High-Quality And Open Development Of Regional Economy

Date 27/04/2020

On 24 April 2020, SZSE Guangxi Service Center was officially opened. SZSE, Guangxi Local Financial Supervision and Administration, Nanning Wuxiang New Area Planning and Construction Administration Committee and Nanning Finance Office signed the Memorandum of Cooperation on Jointly Building the SZSE Guangxi Service Center via video conference. This is an important achievement in implementing the Strategic Cooperation Agreement on Jointly Building Guangxi into a Financial Gateway for Opening-up to ASEAN signed in 2019 between SZSE and Guangxi Zhuang Autonomous Region (GZAR). It is also another important step taken by SZSE to actively participate in the national strategy, serve the real economy, the Belt and Road Initiative and regional high-quality development with the capital market, and strengthen the local service capacity building. Member of the Standing Committee and Standing Vice Chairman of GZAR Qin Rupei, SZSE’s Party Secretary and Chairman Wang Jianjun and SZSE's Deputy Party Secretary and Chairman of Supervisory Board Yang Zhihua attended the opening ceremony and witnessed the signing.

SIX Exchange Regulation AG Reaches An Agreement With Orascom Development Holding AG

Date 27/04/2020

SIX Exchange Regulation AG has concluded an agreement with Orascom Development Holding AG with regard to breaches of IFRS accounting standards in the 2018 annual financial statements. As part of the agreement, the company has undertaken to correct the deficiencies in the 2019 IFRS annual financial statements and to make a donation of CHF 30,000 to the IFRS Foundation.

Securities Commission Malaysia Seeks Public And Interpol’s Assistance To Find Wong Shee Kai For AMLA Offences

Date 27/04/2020

The Securities Commission Malaysia (SC) is seeking information or assistance from the public to establish the whereabouts of Wong Shee Kai (Ricky Wong), who is a wanted person and currently at-large, in connection with offences under the Anti- Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA).

DIFC Announces Presidential Directive Aimed At Providing Greater Protection For Companies And Employees

Date 27/04/2020

• New Presidential Directive to provide flexibility and protection to employers and employees in COVID-19 environment
• Companies have the ability to adopt emergency measures necessary to sustain business operations and retain financial interests of employees
• Directive complements robust employment legal framework in line with international best practice and reflects commitment to safeguarding DIFC community
• Available employee database created for those surplus or made redundant, with employer required to assist re-employment
• Privacy and cybersecurity related obligations of DIFC firms clarified for remote working conditions
• Wrongful trading obligations of DIFC established companies under the DIFC Insolvency Law temporarily suspended

Statement By IMF Managing Director Kristalina Georgieva On Egypt

Date 26/04/2020

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) issued the following statement:

“Like many countries around the world, Egypt’s economy has been impacted by the COVID-19 outbreak, the related global recession, and financial markets turmoil. President El Sisi and his Government have responded quickly and decisively with measures to limit its spread and provide support to affected people and businesses. The Central Bank of Egypt has also implemented timely measures to support the domestic economy."