Hong Kong banks resilient to climate shock, but should be prepared

Though a climate shock would significantly impact Hong Kong's banks negatively, and they should prepare for such an occurrence, the Hong Kong Monetary Authority (HKMA) said they are nonetheless resilient to such an event.

Chinese companies face tougher rules for offshore listings

Mainland Chinese platform companies seeking to list their shares abroad will have to pass a cyber security review beforehand if they have more than 1 million users on their databases – a law that becomes effective from February 15, 2022. 

Irfan Ahmad

Singapore doubles down on digitisation to future-proof financial centre

Singapore is attempting to boost its appeal to asset managers with the digitisation of a recently launched fund structure, which some in the industry believe will be a game-changer for the city state.

Iris Pang

Evergrande: a watershed moment for China’s regulators

China’s regulators have turned sour on the nation’s most high-profile — and the world’s most indebted — property developer, Evergrande. Experts predict its demise is unlikely to batter the banking sector, but are sceptical as to whether China can steer an orderly deflation of its property bubble. 


Faltering Evergrande unlikely to become a ‘Lehman’ moment

China’s second largest property developer China Evergrande Group with $310bn in debts, is near bankruptcy, but analysts do not believe the global financial system faces a ‘Lehman Brothers’ moment. 

President Xi

China’s regulatory crackdowns fray foreign investors’ nerves

Mounting regulatory and political pressures are pulling apart capital markets of the world’s two biggest economies, even as Wall Street firms ramp up their presence in China. 

Hong Kong regulators focus on ferreting out concentration risks following Archegos failure

Hong Kong’s regulators are developing systems to detect concentrated exposures in equities to help prevent another Archegos Capital Management type failure.

Liew Chin-Chong

Futures law reform to bolster China’s capital markets

Recently announced changes to China’s futures laws will have a profound impact on the country’s financial sector and are another step towards the internationalisation of the renminbi.

Covid-19 vaccinations are critical part of operational risk management says SFC

Ensuring staff in financial firms are vaccinated against Covid-19 should be considered as a critical part of operational risk management, the Hong Kong Securities and Futures Commission (SFC) said in a statement on June 1. 

SFC breaks up market misconduct syndicate

Members of a syndicate suspected of market misconduct and fraud were arrested on April 22 by the Commercial Crime Bureau at the behest of The Hong Kong Securities and Futures Commission (SFC).