Instead of a joint SFC-HKEx committee to rule on listings and develop policy, itself a compromise, investors are left with a consultative panel that lacks any formal powers.
Japan reportedly targets RQFII status; Singapore revises bond issue proposals; HKMA looks at bank sales practices; Chinese trading rule change to benefit QDII; Hong Kong activist warns over Moody's SFC fine; and big data helps China spot insider trading.
David Webb says "hats off" to Fidelity Worldwide Investment's new policy requiring company managers to better align compensation to shareholder interests.
Activist investor David Webb accuses Ronald Arculli of undermining any effort by other exchanges or alternative trading systems to compete with Hong Kong Exchanges and Clearing.