MARKET INFRASTRUCTURE

Securities / Derivatives

Shanghai STAR Market Approves First Unprofitable IPO Under Revived Rules

By Editors | 04/07/2025

Wuhan-based drugmaker Healthgen Biotechnology got the approval, signalling renewed policy support for innovative, pre-revenue technology and life sciences firms.

Crypto / Digital Assets

ISDA, Ant International Launch New Report Under MAS’ Project Guardian

By Nithya Subramanian | 04/07/2025

The report outlines design principles, risk mitigation strategies, and real-world use cases for using tokenised bank liabilities and shared ledgers for cross-border payments and FX settlement.

Market Infrastructure

China to Roll Out Shanghai FTZ Financial and Trade Reforms Nationwide

By Manesh Samtani | 04/07/2025

Beijing will extend 77 pilot policies from its Shanghai Free Trade Zone, focusing on digital finance, data flows, and trade liberalisation

Fintech / Regtech

ASX Taps Fujitsu, TSE to Build New ETF Trading Platform

By Editors | 04/07/2025

ASX is partnering with Fujitsu and the Tokyo Stock Exchange to develop a new ETF trading platform.

Market Infrastructure

China Publishes Plan to Standardise Credit Repair Processes Nationwide

By Editors | 04/07/2025

China has released a new plan to streamline credit repair, setting clear conditions and timeframes for entities to correct their public credit records.

Market Infrastructure

Global Banks, Regulators Join Forces on Public Blockchain Risk Framework

By Editors | 04/07/2025

An industry group including G-SIBs and MDBs is developing a unified framework to manage the non-financial risks of using public blockchains.

Market Infrastructure

HKEX Introduces New Order Routing Service on Integrated Fund Platform

By Sanday Chongo Kabange | 04/07/2025

The introduction of the new Order Routing Service will help transform the fund order placement process, which includes subscriptions and redemptions.

Market Infrastructure

ASIC Issues Warning on ‘High-Pressure’ Sales Tactics in Super Sector

By Sanday Chongo Kabange | 03/07/2025

ASIC’s warning comes amid rising cases of retirement savings into “complex and risky schemes”.

Market Infrastructure

HK Review Panel Urges Overhaul of MPFA's Fining and Sanctioning Policies

By Sanday Chongo Kabange | 03/07/2025

An independent review panel has called for greater consistency in the MPFA's enforcement actions, raising concerns over its new fining mechanism.