Advertisement
Advertisement
TOPIC

Financial regulation

Financial regulation
Key developments in regulation of financial markets with a focus on those in Hong Kong and mainland China.
Pan Gongsheng, governor of the People’s Bank of China, delivers a keynote speech at the Hong Kong FIC & Bond Connect Summit at JW Marriott Hotel in Admiralty on July 7. Photo: Sun Yeung
Hong Kong economy

Opinion | Connect scheme for gold shines light on China’s financial liberalisation

The Connect model has evolved from isolated reforms into a blueprint for China’s financial opening up, with Hong Kong as the bridgehead.

Blockchain

Hong Kong steps up its crypto hub challenge with tokenised fund

Cryptocurrency

Why Payward chose Hong Kong to be its Asian stablecoin gateway

Banking & finance

How the RMB Business Facility will help consolidate Hong Kong’s financial role

Quota expanded to 500 billion yuan from Friday, with tenor increased to two to three years, up from one.

Chinese 100-yuan notes at a Bank of China branch in Hong Kong. Photo: Reuters
Hong Kong property

When will Hong Kong’s retail leasing market see a turnaround?

Analysts say that geopolitical tensions, Beijing’s measures against capital flight and potential rate hikes are adding to uncertainties.

Hong Kong stock market

Mainland court claims jurisdiction over Hong Kong-listed firm in lawsuit

Beijing Financial Court applied extraterritorial provisions of mainland China’s Securities Law, Financial News reports.

Advertisement
Advertisement
Advertisement
Banking & finance

‘Might not be the last’: the red flags behind China’s latest bank rescue

Regulators intervened over concerns of aggressive expansion and credit risks, underscoring vulnerabilities in some smaller regional lenders.

videocam
Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank, in Beijing on September 30. Photo: Reuters
Banking & finance

Putting on the Reits: Hong Kong aims to amend its securities law

Government says it seeks to upgrade its listing regime later this year, boosting the city’s financial hub status and market transparency.

Mandatory Provident Fund (MPF)

Exclusive | All that glitters: Hong Kong pension fund to offer more gold ETFs

MPFA to relax gold ETF investment approval rules as part of Hong Kong government’s push to turn the city into a regional gold trading hub.

videocam
Banking & finance

Why has China lowered its own ranking in global financial competitiveness?

A Beijing think tank dropped China’s world ranking to fifth place, behind the US, Japan, UK and Germany following stock market volatility.

videocam
A Beijing think tank has ranked China fifth in global financial competitiveness, listing it behind the US, Japan, UK and Germany. Photo: Reuters
Banking & finance

Hong Kong broadens yuan’s financial footprint as currency gains global appeal

Hong Kong Monetary Authority widens scope of yuan finance to solidify status as ‘offshore laboratory’ for currency amid de-dollarisiation trend.

Hong Kong is looking to boost its position as the world's leading offshore yuan hub. Photo: Felix Wong
Hong Kong society

Editorial | Hongkongers should beware of prediction markets

Concerns including the potential for insider trading and contractual disputes make prediction markets a dangerous bet.

China economy

Opinion | When and how will China ease capital controls?

While China has reasons to maintain capital controls, the recent crackdown on three Hong Kong brokerages is not meant to discourage mainland outbound investment.

videocam
E-commerce

Temu owner PDD embraces China’s ‘city of the future’ after regulatory debacle

Operator of big-name budget marketplaces Pinduoduo and Temu is buying an office and adding 5,000 jobs in the hyped-up Xiongan New Area.

videocam
PDD, which operates budget marketplace Pinduoduo, is raising its profile in China’s Xiongan New Area. Photo: Shutterstock
China exports

Beijing asserts control over China’s offshore tech transfers with landmark law

Beijing’s ‘milestone’ mandate seen authorising retaliatory responses to trade barriers while restricting research leaks.

6
A guard stands at attention outside the Great Hall of the People in Beijing. China has enacted a sweeping overseas investment law. Photo: TNS
Banking & finance

Could a ‘Reit Connect’ be Hong Kong’s handover anniversary gift from Beijing?

Previous July 1 anniversaries have delivered financial policy changes, and markets anticipate expanded cross-border access this year.

Banking & finance

How AI boom exposes investors to risk, while a downturn could see a fast crash

Bank for International Settlements says AI funding is funnelled through loosely regulated private credit channels, raising stability fears.

videocam
Advertisement
Advertisement
Advertisement
Hong Kong society

Financial products or illicit gambling? Can Hong Kong regulate prediction markets?

Interactive Brokers’ offering in city puts legality of prediction markets in question as regulator stresses case-by-case approach.

Two of the largest platforms are New York-based Polymarket and Kalshi. Photo: Getty Images via AFP
Hong Kong politics

Exclusive | Hong Kong’s own drug regulator pushes ahead with hiring, seeks WHO recognition

Health chief says the city is aiming to approve drugs independently by 2030 as it builds capacity and courts global pharmaceutical companies.

videocam
Banking & finance

Bank of China accused of exploiting tax preferences to avoid paying US$348m

The bank channelled funds through affiliates and mass employee investors to pass off private funds as public, China’s top auditor says.

Banking & finance

Can Shanghai’s offshore finance push test Hong Kong’s dominance?

Beijing is accelerating Shanghai’s offshore finance ambitions, raising questions over whether Hong Kong’s long-held edge can endure.

6
Shanghai is seeking to expand its offshore finance business under a new action plan backed by Beijing. Photo: Getty Images
Futu

China closes another offshore investing loophole as TRS faces restrictions

Brokerages told to halt expansion of offshore-linked TRS portfolios as Beijing tightens oversight of cross-border investing channels.

6
Futu Holdings was among the offshore brokerages ordered by Chinese regulators in late May to stop mainland residents from opening new accounts to trade foreign securities directly. Photo: Sam Tsang
Yuan

Hong Kong readies offshore yuan initiatives after Shanghai move

Beijing is supporting the development of offshore yuan trading as part of a broader drive to boost the Chinese currency’s global role.

Banking & finance

China’s trading crackdown seen boosting Hong Kong as official capital hub

Analysts at ‘Summer Davos’ gathering highlight pivot towards official cross-border connect schemes to intermediate domestic wealth ‘on China’s own terms’.

China's economic recovery

Beijing’s plan to revive foreign direct investment

SCMP Plus annotates 15-point plan released by the central government aimed at attracting foreign investment and reversing a decline in capital inflows.

Beijing’s plan to revive foreign direct investment
IPO

Momenta granted regulatory approval to list in Hong Kong amid rumoured crackdown

As Beijing appears to tighten rules on the listing of domestic firms incorporated offshore, self-driving tech start-up Momenta gains IPO approval.

videocam
Automotive solution provider Momenta, which produced this robotaxi model, has gained regulatory approval from Beijing to list in Hong Kong. Photo: AP
China stock market

China to back ‘qualified’ foreign firms for listing on domestic markets

Government says foreign-funded companies would be aided in domestic listings, as well as mergers and acquisitions.

Banking & finance

Editorial | Hong Kong and Shanghai extend the yuan’s international reach

As Beijing tightens compliance, the country’s finance hubs can safely and efficiently promote the trade of Chinese treasury futures.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement