Hong Kong
Hong Kong Exchange to allow more derivatives listings
The Stock Exchange of Hong Kong, a unit of Hong Kong Exchanges and Clearing Limited (HKEx), said it is changing its main board listing rules from July 1 to allow more derivatives products, such as equity-linked instruments (ELIs), to be listed on the…
Hedge funds open to retail investors in HK
A new ruling by Hong Kong's Securities and Futures Commission (SFC) today will allow retail investors in the Special Administrative Region to buy hedge funds from the third quarter of this year.
Hong Kong banks set to struggle with Basel II
Many of Hong Kong’s banks could struggle to implement the Basel II capital adequacy accord because of their lack of sophisticated risk management systems, professional services firm Deloitte Touche Tohmatsu said in October.
Asian banks face hedging threat
Hong Kong - The Basel II bank capital adequacy accord could stop Asia's banks from hedging risk, resulting in their being shut out of the global banking system entirely, says Paul Sheehan, Hong Kong-based co-head of Asian bank research at US investment…
Asian banks fear unfair op risk capital charges
Operational risk has long been a challenge for Asia’s banks. But many smaller banks in the region fear that a capital charge against such hazards as fraud, computer systems failure and settlement foul-ups would penalise them unfairly if it took the form…