SGX First In World To Trade Nikkei Dividend Index Futures The move came after its unit, Singapore Commodity Exchange, and Tokyo Commodity Exchange said on Tuesday they have signed an agreement that will pave the way for the cross-listing of the two exchanges' contracts.
read more Will China get more Mongolian mining concessions after Premier Wen's visit?
Batbold said Chinese enterprises are welcome to expand investments in Mongolia, and participate in the development of mineral and energy resources. China is Mongolia's largest trading partner and biggest source of investment, estimated to represent 40% of foreign investment in Mongolia.
Wen also met with Mongolian President Tsakhia Elbegdorj and Damdingiin Demberel, chairman of the State Great Hural (parliament) of Mongolia. The two countries had been expected to sign a number of agreements during Wen's visit to Mongolia.
The Chinese premier said China will import more dairy and agricultural products from Mongolia, which lost 8.2 million animals or nearly a fifth of all livestock in Mongolia, perished this past winter. A third of Mongolians are herders, who measure their wealth by livestock ownership. read more DB Index Research -- Weekly ETF Market Review -- Asia-Pacific
Assets Under Management To request a copy of the report New FTSE ST Supersector And Sector Indices Boost Market Analysis
With this introduction, there are now 19 Supersector and 39 Sector indices based on the FTSE ST All-Share universe bringing the total number to 77 indices.
Subscribers of the FTSE ST Index Series will enjoy extra benefits with the new indices being added to the existing data package. A full list of the Industry, Supersector and Sector indices can be found in the Appendix.
For more information about the STI and FTSE ST Index Series including index ground rules, please visit www.ftse.com/st. India to beef up its short selling framework “What we are trying to build in India is a framework for securities lending,” said an NSE official. “Without lending and borrowing of stock, there is no short selling.”
read more DB Index Research -- Weekly ETP Market Review - Asia-Pacific Turnover
Monthly average daily turnover rose 4.8% in the last week. Turnover for the previous week was USD 1142m. The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD 230 m accounting for 20.2% of total turnover.
Assets Under Management
AUM remained at about the same level in the previous week. AUM as of May 21st was USD 59.9 bn. The largest ETF by AUM is the iShares Asia Trust - iShares FTSE/Xinhua A50 China Tracker managed by BlackRock with AUM of USD 6.3bn.
To request a copy of the report KRX: Trading Value Of KOSPI 200 Option Set New Record Target Basic Human Needs. On the Cheap read more HKEx Publishes Consultation Conclusions on Proposed Changes to Connected Transaction Rules and Requirements for Circulars and Listing Documents of Listed Issuers The consultation paper on connected transaction rules included proposals to review the definition of connected person, provide exemptions for connected transactions which are immaterial or involve persons not in a position to exercise significant influence, and amend the Listing Rules to address technical issues.
HKEx received 70 submissions. Overall market feedback indicated strong support on the proposals. HKEx will implement the proposals with minor modifications based on respondents’ suggestions. Two proposals will not be adopted:
HKEx has decided not to proceed with the proposal to exclude persons connected at the subsidiary level from the definition of connected person at this time. While a majority of the respondents supported this proposal, some respondents expressed concerns about possible abuse if a general exemption is granted to all these persons at one time. HKEx will adopt the insignificant subsidiary exemption proposal and exempt persons connected with those subsidiaries from the connected transaction requirements.
view the
The Consultation Conclusions for Proposed Changes to Connected Transaction Rules view the Proposed Changes to Requirements for Circulars and Listing Documents of Listed Issuers ETF Landscape: China ETFs Industry Review Year End 2009 to request report If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
June 2, 2010--Singapore Exchange
The SGX Nikkei Dividend Index futures will be based on the Nikkei Stock Average Dividend Point Index, a calculation of accumulated dividends received by investors from constituent companies of the Nikkei Stock Average over a calendar year.
Source: Yahoo News
May 2, 2010--Chinese Premier Wen Jiabao concluded a two-day official visit to Mongolia today, calling for a feasibility study on a China-Mongolia free trade area, and the adoption of trade and economic cooperation in the development of mineral and energy resources.
Wen, a former geologist, held talks with Mongolian Prime Minister Sukhbaataryn Batbold to promote cooperation in mineral resources development, infrastructure construction such as transportation development, finance, energy, and environmental protection.
Source: MineWeb
June 1, 2010--Highlights
Market Overview
There are 220 equity based ETFs in the Asia Pacific region with 308 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 41.96% of the whole market, whilst China has the largest market share by turnover with 37.39%.
There was one new listing last week. Fortune SGAM Fund Management offered its first ETF which tracks the SSE 180 Value Index. This was listed on the Shanghai Stock Exchange
Turnover
Monthly average daily turnover rose 3.9% in the last week. Turnover for the previous week was USD 1187m. The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD 219 m accounting for 18.5% of total turnover.
AUM remained at about the same level in the previous week. AUM as of May 28th was USD 60.0 bn. The largest ETF by AUM is the iShares Asia Trust - iShares FTSE/Xinhua A50 China Tracker managed by BlackRock with AUM of USD 6.2bn.
Source: Aram Flores and Shan Lan -DB Index Research
June 1, 2010--Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced today the launch of new Supersector and Sector indices to complement the family of FTSE Straits Times (ST) Indices which includes the Straits Times Index (STI). This will provide investors with the most comprehensive set of tools available for in-depth analysis of the Singapore market.
Similar to the existing indices, these new sets of indices are based on the Industry Classification Benchmark (ICB), which has been adopted extensively by exchanges, investors and institutions to become the global standard in sector classification of stocks. The ICB classification structure allows for a deeper understanding of market drivers and facilitates cross-border analysis so investors can make like-for-like comparisons of specific industries and sectors between Singapore and other markets. The new indices can also be used as the basis for sector-specific funds and other index-linked products to execute sector-based investment strategies.
Source: FTSE
May 27, 2010--India is looking to give short-selling a shot-in-the-arm through the launch of a dedicated platform for lending and borrowing stock on the country’s largest stock exchange.
The National Stock Exchange will launch a new system for the borrowing and lending of securities, the basic building block for short-selling, which is being encouraged by the regulator, the Securities and Exchange Board of India (Sebi).
Source: FT.com
May 26, 2010--Market Overview
There are 219 equity based ETFs in the Asia Pacific region with 307 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 42.11% of the whole market, whilst China has the largest market share by turnover with 38.26%.
There were six new listings in the last week with three of them being primary listings.
Russell Investments listed their first ever ETF which offers exposure to high dividend Australian companies on the Australian Stock Exchange. Nomura launched an ETF tracking crude oil on Tokyo SE. Ping An of China Asset Management launched the first ETF which offers access to the China A-share market with a fundamental focus, the trading venue for this fund will be the Hong Kong SE.
Source: Aram Flores and Shan Lan -DB Index Research
May 25, 2010--The trading volume of Single Stock Futures was 353,809 contracts on May 19, thus setting a new record. The previous record was 352,837 contracts, set on April 10, 2009.
The surge of trading volume of Single Stock Futures was led by KIA Motors (145,650 contracts) as the stock might be accumulated by the new Mutual Fund created by Nomura Asset Management, exclusively for car maker stocks. Also, Hynix Semiconductor (72,981 contracts) and Woori Financial Group (70,233 contracts) showed strong performance. (KRX).
Source: Asia Trading.com
May 20, 2010--A dramatic global change was accelerated by the economic crisis. A couple of billion people in the Far East, India, and parts of Latin America have joined the economic party. They see everything we have and are willing to work hard to get it, too. They want to look good, eat better, be entertained: basic human desires.
So we like consumer names, and oil. You've got an incremental couple of billion people who want cars and motorcycles. To play on higher oil prices, we try to find oil resources in countries that have good legal systems and also good management. The management of Canadian Natural Resources (CNQ) owns about 4% of the company. CNQ is worth a lot more than 76, which is what it trades for now.
Source: Business Week
May 20, 2010--Hong Kong Exchanges and Clearing Limited (HKEx) today (Thursday) published its consultation conclusions on:
Proposed changes to connected transaction rules set out in the consultation paper of 2 October 2009; and
Proposals to streamline requirements for issuers’ circulars and listing documents set out in the consultation paper of 18 September 2009.
Connected transaction rules
Source: Hong Kong Exchanges and Clearing Limited (HKEx)
May 19, 2010--This report is a review of the Exchange Traded Funds (ETFs) listed globally providing exposure to various China A Share, H Share etc indices, including an overview of the types of Chinese shares, access products typically used by investors and inside ETFs, and key statistics on the growth in products tracking Chinese benchmarks.
At the end of 2009 there were 53 ETFs globally tracking Chinese benchmarks with US$32.3 Bn in assets under management from 28 providers on 21 exchanges around the world.
The United States has the highest concentration of Chinese ETF AUM with US$12.47 Bn in 21 ETFs, followed by Hong Kong with US$9.97 Bn AUM in 12 ETFs, and China with US$5.87 Bn AUM in eight locally domiciled ETFs. There are now 20 ETFs with US$14.4 Bn tracking A share indices listed in Hong Kong and Singapore.
Source: Global ETF Research & Implementation Strategy Team, BlackRock