Combination with HK and Shanghai to create integrated market joining up investors
The Shenzhen-Hong Kong Stock Connect is closer to becoming a reality, after the Stock Exchange of Hong Kong and Hong Kong Securities Clearing Company signed an agreement with the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation on Tuesday.
The Bank of England (BOE) Friday asked the Bank for International Settlements (BIS) to investigate the flash crash in sterling that took place during trading on Friday.
China's five-year treasury bond futures opened lower on Tuesday, with the contract for settlement in December 2016 opening 0.054 percent lower at 101.525 yuan (about 15.2 U.S. dollars).
The Shenzhen-Hong Kong Stock Connect program is expected to start in mid or late November, an official with the Chinese securities watchdog said Tuesday.
The PBOC on June 27 issued China Financial Stability Report 2016, which introduced high-frequency trading in special column. The report pointed out that high-frequency trading and program trading were criticized during the stock market tumble in 2015.
Net capital inflows into the Shanghai stock market reached nine consecutive days last weekas offshore investors rode the Shanghai-Hong Kong stock connect channel to buy stocks ofcompanies whose businesses outperformed their share prices.
Journalist from the China Securities Journal learnt that, based on issued Guidelines on Major Assets Restructuring Information Disclosure and Trading Suspension & Resumption of Listed Companies and Notice on Further Standardize Trading Suspension & Resumption and Related Information Disclosure of Listed Companies (exposure draft), newly revised rules on trading suspension & resumption are likely to issue next week at the soonest. “Cheating restructuring” problems concerned by the market will be strictly controlled. Meanwhile, new rules will restrict the random trading suspension & resumption or long-term suspension in the A-share market, which is regarded as a move to sweep out the obstacles for A shares to be included in the MSCI index.
China announced Thursday night that it will from Friday suspend the stock market "circuit breaker" mechanism that has been implemented since the beginning of this year.
Chinese equities dived on Thursday morning, triggering the 7 percent circuit breaker, which halted trading of equities, index futures and options for the remainder of the day.
The stock index futures market is caught in “severe winter” by the precipitate policies. China Financial Futures Exchange put forward the strictest control measures to stem over-speculation on Sept. 2, which made it difficult for index arbitrage, high frequency trading and even hedging and significantly hit most quantitative hedge products.
The adjustment to close the gap between central parity rate and actual trading rate of Chinese currency renminbi (RMB), or the yuan, has basically completed, an official of the People's Bank of China said Thursday at a press conference. Enditem
The White House confirmed on Wednesday that there was no indication of cyber-attacks in the trading suspension of the New York Stock Exchange (NYSE).
China Aviation Oil (Singapore) Corporation Ltd. (CAO), reported a net profit of 49.2 million U.S. dollars for the 12 months ended December 31, 2014 (FY2014), a 30 percent decrease from the previous year, the company said in a press conference on Thursday.
China's top securities regulator has reiterated its determination to further reshape the capital market in 2015, highlighting adjustments to stock issuance procedures to better supervise the sector.
Singapore Exchange (SGX) will adopt a new generation of derivatives trading and clearing platform based on Nasdaq's Genium INET solution by the end of 2016, SGX said in a press release on Monday.
South Korea's central bank said Monday that it has picked 12 local and foreign banks as market makers for the direct trading between currencies of South Korea and China to boost transactions in the Won-Yuan market, which is scheduled to be launched here in December.