The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have announced the approval, in principle, of the structure of Shenzhen-Hong Kong Stock Connect, which will provide mutual stock market access between Hong Kong and Shenzhen via a northbound trading link and a southbound trading link. There will be no aggregate quota under…
Read moreHKFE Clearing Corporation Limited (a wholly-owned member of the Hong Kong Exchanges and Clearing Limited Group) has determined that with effect from the commencement of trading on Thursday, August 18, 2016, the margin levels of the following Futures Contracts shall be as follows: Client Margin Clearing House Margin Initial (HK$) Maintenance (HK$) (HK$) Ping An Insurance…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) plans to introduce Mini-Hang Seng China Enterprises Index Options (Mini H-shares Index Options) on Monday, September 5, 2016 to meet demand from retail investors and give market participants more flexibility by providing a contract one-fifth the size of its H-shares Index Options contract. Underlying Index Hang Seng China…
Read moreThe Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that with effect from 12 August, 2016 (Friday), 25 additional securities will be eligible for short selling and 32 existing designated securities will be removed from the list. The total number of designated securities for…
Read moreMetaQuotes Software and oneZero Financial Systems have announced a new connectivity gateway for integration with Interactive Brokers Group, Inc., available through the oneZero Hub product. The gateway provides the possibility to trade stocks, futures and other exchange traded instruments on the largest global exchanges, including the New York Stock Exchange (NYSE), London Stock Exchange (LSE),…
Read moreAs provided in HKEX’s Articles of Association, any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX. Accordingly, HKEX’s interim dividend for 2010 of HK$1.89 per share, payable on September 8, 2010 and remaining unclaimed on September 8, 2016, will…
Read moreThe Stock Exchange of Hong Kong Limited has stated that it is minded to exercise its power to cancel the listing of the shares of China Oriental Group Company Limited under the Listing Rules. The Exchange requires that China Oriental Group Co. must have remedied the public float issue by January 27, 2017. Should the…
Read moreOTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps. OTC Clear expects to launch the service in August of this year. OTC Clear will initially provide clearing for…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) has announced the securities for the first phase of the closing auction it will introduce in its securities market on Monday, July 25, 2016. They were posted in the Volatility Control Mechanism and Closing Auction Session (CAS) section of the HKEX website today along with updated frequently asked…
Read moreGlobally, base metal trading has expanded since the sale of the London Metal Exchange (LME) to the HKEx. Taking the two main exchanges for base metals - the LME and the Shanghai Futures Exchange (SHFE) - the average monthly volume of the six main base metals rose 23.8% since July 2012. At the same time,…
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