Hong Kong
China quadruples mainland-Hong Kong trading scheme quotas
China’s securities regulator has announced a four-fold increase in the daily trading quotas for Stock Connect, the programme that links the Shanghai and Shenzen stock exchanges with their Hong Kong counterpart.
Hong Kong regulator targets big guns
In separate moves, Hong Kong’s Securities and Futures Commission (SFC) this month has gone after UBS, Deutsche Bank and brokerage firm CLSA for regulatory breaches.
Chinese life insurance slump hits Hong Kong
Life and annuity revenue premium rose over 10%, year-on-year, during 2017 despite the flow of money from mainland China levelling off, figures from the Hong Kong Insurance Authority reveal.
Alternatives | 12 Mar 18
Cryptocurrency exchange puts $250k bounty on hackers
Anyone with information that leads to the arrest of would-be cryptocurrency thieves stands to collect $250,000, after the exchange that was attacked placed a bounty on the hackers’ heads.
Hong Kong to roll out insurance lifeboat scheme
Policyholders in Hong Kong will be protected for the first time should their insurer become insolvent if plans to introduce a mandatory industry-funded compensation scheme come to fruition.