The expansion will boost inflows to Hong Kong and mainland China stock markets, but the real game changer will be when mainland investors can invest in secondary-listed Chinese companies in Hong Kong.
Cbus announces board changes; HKEX opens new office; Northern Trust hires from Franklin Templeton; FTLife hires deputy CIO from BOC Life; Perpetual AM names deputy equities chief; and more.
Easing of listing requirements for early-stage technology companies brings both risks and opportunities for investors, say experts.
Rest Super appoints independent chair; AllianzGI hires Asia fixed income CIO; HKEX co-chief operating officer steps down; Janus Henderson names chief responsibility officer; and more.
Pre-commercial companies are subject to a minimum market capitalisation requirement of HK$15 billion ($1.9 billion), while those with annual revenues of HK$250 million are expected to have a capitalisation of at least HK$8 billion at the time of listing.
Investors should be given credit — carbon credit in particular — when they hold carbon-intensive assets in Asia but aim to help these assets transit. However, regulations also need to stay updated in order to prevent greenwashing.
The listing will be the Indonesian bourse’s third largest, after those of Bukalapak and GoTo. But Blibli may not enjoy the same hype, given the instability of tech sector share prices.
The new rules have made the Hong Kong mainboard more attractive to Chinese ADRs who are under pressure to delist in the US, industry experts said.
More board seats are now allocated to women, and companies have also shown growing interest in diversity beyond gender.
Ping An of China Asset Management hires new MD and fixed income head; Two senior executives leave HKEX; Prudential Thailand names chief actuary; Fidelity promotes new head of equities in China; BlackRock relocates Eric Liu to Shanghai as fixed income head; WTW appoints new head of crb for Hong Kong; and more
Recent volatility hasn’t changed the appeal of the $20 trillion China bond market, and index inclusion is playing a key role in driving investor demand for China fixed income ETFs, according to a recent AsianInvestor webinar, in conjunction with Hong Kong Exchanges and Clearing (HKEX).
The regulator pledged to broaden its capabilities in digitalised infrastructure to provide more data and analytics services to issuers and investors.