Hong Kong

Hong Kong Sets Higher Capital for City’s Important Banks

By Editors | 18/02/2015

Hong Kong is requiring the city’s largest banks to set aside more capital to cushion against unexpected losses and pose less risk to the financial system.

HKEx Plans to Add More HK Stocks in Cross-Border Link

By Editors | 10/02/2015

Hong Kong Exchanges and Clearing Ltd plans to add more stocks to be traded under the Shanghai-Hong Kong cross border trading scheme ahead of the proposed opening of the Shenzhen-Hong Kong link within the year.

Hong Kong Regulator Endorses Revised Banking Code

By Editors | 08/02/2015

The Hong Kong Monetary Authority has endorsed a revised code of banking practice that requires the city’s banks to uphold international banking practices in areas of disclosure and transparency, responsible business conduct and financial education.

Hong Kong Readies Direct Stock Link with Shenzhen

By Editors | 03/02/2015

Hong Kong’s top regulator said preparations are under way to connect the city’s stock exchange with Shenzhen’s stock market, similar to the cross-border stock trading scheme with Shanghai.

Hong Kong to Boost Capital Buffer as Adopts Basel Norm

By Editors | 27/01/2015

Hong Kong Monetary Authority aims to create adequate capital buffer to boost the resilience of the city’s banking system with the adoption of global cash buffer standards next year.

Hong Kong Refines Plan for Stronger Financial System

By Editors | 22/01/2015

Hong Kong financial regulators is seeking public views on specific aspects of so-called resolution regime for financial institutions that should make the city’s financial system stable and resilient in the face of crisis and economic shocks.

China Plans to Allow More Firms to List Overseas

By Editors | 19/01/2015

China Securities Regulatory Commission plans to allow more Chinese companies to list overseas and pledged increased collaboration with Hong Kong in developing the capital markets.

Hong Kong Exchanges to Install New Trading Controls

By Editors | 18/01/2015

Hong Kong Exchanges and Clearing Ltd. plans to introduce new trading controls to make the securities and derivatives markets more efficient and globally competitive.

Hong Kong’s SFC, ESMA Sign Central Counterparties Deal

By Editors | 18/01/2015

The Securities and Futures Commission and the European Securities and Markets Authority (ESMA) have agreed to enhance cooperation in overseeing Hong Kong-established central counter parties seeking recognition by ESMA.