HKEX


New broom could sweep in SPACs to Hong Kong stock exchange

New broom could sweep in SPACs to Hong Kong stock exchange

(ATF) The new management expected at the Hong Kong Stock Exchange could see the Asian financial hub embrace the SPAC boom that has engulfed Wall Street, reports indicate.The boom in SPACs – special-purpose acquisition companies – has swept the US and brought avid interest from Asian financial centres like Singapore, …

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Some tips and history for HKEX’s new chief

Some tips and history for Hong Kong Exchange’s new chief

(ATF) Earlier this month, Hong Kong Exchanges & Clearing announced that 52-year-old Argentine Nicolas Aguzin will succeed Charles Li as CEO of the world’s 5th largest stock exchange. Both executives share an American educational background – Li went to Columbia, Aguzin to Wharton – and both joined HKEX directly from …

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HKEX appoints Alejandro Nicolas Aguzin as its first non-Chinese CEO

HKEX appoints Alejandro Nicolas Aguzin as its first non-Chinese CEO

(ATF) Hong Kong Exchanges and Clearing (HKEX) has announced the appointment of Alejandro Nicolas Aguzin as its next chief executive for at least three years, making him the first non-Chinese to lead the HK$54 trillion institution. Aguzin will also become an ex-officio member of the HKEX Board of Directors from …

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Kuaishou is 5th most valuable HKEX stock after dazzling debut 

Kuaishou is 5th most valuable HKEX stock after dazzling debut 

(ATF) Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday to become the fifth-largest listed company in the city, driven by massive demand from mom-and-pop investors for the Chinese online video service operator.The first-day pop, while among the largest, is one of many strong recent debuts …

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Lenovo plans to list on Science and Technology Innovation Board

Lenovo Group plans to list on Science and Technology Innovation Board

(ATF) Lenovo Group told the Hong Kong Stock Exchange on Tuesday evening (Jan 12) its board has approved the possible issuance of China Depository Receipts, plus an application for CDR listing and preliminary recommendations.Under the proposal, Lenovo intends to issue new common shares, which will account for no more than …

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Trump China delisting impact hits structured products of US banks

Trump China delisting impact hits structured products of US banks

(ATF) Goldman Sachs, JPMorgan and Morgan Stanley are delisting around 500 structured products from Hong Kong, as the impact of the Trump administration’s push to ban US investments in firms with links to China’s military continues to widen. Hong Kong Exchanges and Clearing (HKEX) says its markets remain robust despite …

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China seeks to become a global commodities market player  

China seeks to become a global commodities market player  

(ATF) China, a big raw materials consumer, hopes to position itself as a global commodities marketplace, with its launch of a new futures contract on the copper market available to foreign investors.The Shanghai International Energy Exchange (INE), a division of the Shanghai Commodity Exchange, had previously offered copper contracts but …

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US blacklist could bring CNOOC to its knees

US blacklist could bring CNOOC to its knees

(ATF) As President Donald Trump gets ready to leave the White House, he is seemingly pulling out no stops to hit back at China using what little time he has remaining in office.The latest salvo for the firebrand president came on Thursday when his administration added China’s top chip-maker, SMIC, …

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