Hong Kong’s fund industry will continue to attract strong inflows as international investors use the city as a “safe harbour” amid rising geopolitical tensions, according to officials and fund managers. Financial Secretary Paul Chan Mo-po said the Middle East offered huge opportunities for Hong Kong despite the recent flare-up in the region. On Saturday, the…
This screenshot taken on March 17, 2023 shows the official website of the Securities and Futures Commission of Hong Kong. The Hong Kong securities watchdog has launched a consultation group for licensed digital-asset trading platforms and will develop a road map covering market access, compliance requirements and the potential relaxation of certain rules in the…
The outgoing chairman of Hong Kong’s Securities and Futures Commission (SFC) believes the city will reassert itself as a world-leading venue for new share offerings, as listing reforms expected to be unveiled on Friday will attract more mega deals. “It is highly likely that Hong Kong can reach a higher ranking in the initial public…
The Hong Kong government has appointed current accounting regulator head Kelvin Wong Tin-yau as the next chairman of the Securities and Futures Commission (SFC), replacing current chairman Tim Lui Tim-leung. Wong, 63, will serve a three-year term starting on October 20. To prepare for his role as market regulator, he has tendered his resignation as…