Outline Of The Bill For Amendment Of The Financial Instruments And Exchange Act-FSA Japan Deutsche says flows return to frontier ETFs
read more Asian Currencies Set for Monthly Gains as Growth Draws Funds read more FSA publishes English translations of regulation on Credit Rating Agencies read more Retail participation in the Hong Kong stock market remains high
35.0 per cent of Hong Kong adults (or 2,059,000 individuals) were stock investors (individuals who at the time of interview were holding stocks, or had traded them in the 12-month period preceding the interview).
32.6 per cent of Hong Kong adults were stockowners who were holding stocks at the time of interview. The median stockholding value among all stock investors (including non-stockowners) was $100,000. The median number and value of listed company shareholdings among all stock investors (including non-shareowners) was three and $100,000 respectively.
About 10 per cent of stock investors invested in warrants2 (ie were holding warrants at the time of interview or had traded them in the 12-month period preceding the interview) and 7 per cent invested in Callable Bull/Bear Contracts (CBBCs) (ie were holding CBBCs at the time of interview or had traded them in the 12-month period preceding the interview). Collectively about 12 per cent of stock investors invested in structured products (ie warrants and/or CBBCs). view Retail Investor Survey 2009 Precautionary measures from issuers listed by introduction In the first approved listing by introduction since then, a Singapore-listed real estate investment trust – Fortune Real Estate Investment Trust (Fortune REIT) – has adopted certain precautionary measures in order to provide reasonable supply of units and information to investors and to contribute to the liquidity of trading in the units upon its debut on the Hong Kong market.
Fortune REIT is a REIT authorised by the Securities and Futures Commission (SFC) under section 104 of the Securities and Futures Ordinance. Both the SFC and the Exchange have been consulted in developing the Fortune REIT precautionary measures. These measures were spelled out in section 19 of the issuer’s listing document. read more
Beijing gears up to reform equity trades China will launch margin trading and short selling – tools that allow traders to use greater leverage and to profit from falling as well as rising markets – as soon as Wednesday, Zhang Yujun, president of the Shanghai Stock Exchange, told reporters in Beijing over the weekend. read more Beijing gears up to reform equity trades
The three innovations, consisting of the introduction of stock index futures, short selling and margin trading, amount to milestones for the country’s capital markets. read more Disclosure Items concerning Corporate Governance Chinese government says determined to keep yuan steady
“At a time of crisis, maintaining the stability of major exchange rates is not only beneficial to China, it is also beneficial to the world.
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April 2, 2010--Bills submitted to the Diet Session #174 (ordinary session): "Outline of the bill for amendment of the Financial Instruments and Exchange Act, etc."
view the
Source: FSA Japan
March 31, 2010--Deutsche Bank is expanding its emerging market exchange-traded funds, including those linked to what it views as a growth story in newly developing frontier markets.
It says its funds are attracting strong inflows again after a drying up of liquidity during the financial crisis, a sign both of renewed interest in one of the hottest sectors of recent years and of potential expansion into hitherto illiquid assets.
Source: Budapest Business Journal
March 31, 2010--Malaysia’s ringgit, Indonesia’s rupiah and South Korea’s won were all poised for their best monthly performances since at least September as Asia’s economic growth, the world’s fastest, attracted funds to the region.
The Bloomberg-JPMorgan Asia Dollar Index yesterday reached its highest level since August 2008 and the MSCI Asia Pacific Index of shares closed at a 10-week high.
Source: Business Week
March 31, 2010--The Financial Services Agency (FSA) has been engaged in efforts to translate major relevant regulations on Credit Rating Agencies (CRAs). As a consequence, the FSA today publishes English translations of Financial Instruments and Exchange Act, Cabinet Office Ordinance on Definitions under Article 2 of the Financial Instruments and Exchange Act, and the Cabinet Office Ordinance on Financial Instruments Business, etc. related to regulation on CRAs, and the English translation of Guidelines for Supervision of CRAs.
Please note that these are unofficial translations. Only the original Japanese text of laws and regulations has legal effect. The translations are to be used solely as reference material to aid in understanding of Japanese laws and regulations. The Government of Japan shall not be held responsible for the accuracy, reliability or currency of the legislative material posted on this website, or for any consequences resulting from use of the information on this website. For all purposes of interpreting and applying laws and regulations to any legal issue or dispute, users should consult with the original Japanese texts published in the official gazette.
Source: FSA Japan
March 31, 2010--A survey conducted by Hong Kong Exchanges and Clearing Limited (HKEx) during the period from 13 November to 23 December 20091 revealed that retail participation in the HKEx stock market remains high. Over one-third of the Hong Kong adult population are stock investors, ie individuals who invest in products on the HKEx securities (or stock) market. According to the survey, 35.1 per cent of the Hong Kong adults were retail investors, ie individuals who participate in the HKEx stock market or derivatives (ie futures and options) market or both, compared to 35.8 per cent in 2007.
The Retail Investor Survey 2009 revealed that:
Source: Hong Kong Exchanges and Clearing Limited (HKEx)
March 31, 2010--Hong Kong Exchanges and Clearing Limited (HKEx) has issued the following statement in response to media enquiries regarding precautionary measures adopted by issuers listed by introduction to ensure that their shares are traded on an orderly, informed and fair basis.
In December last year, the Stock Exchange of Hong Kong (the Exchange), a wholly-owned subsidiary of HKEx, said it would consider applications for listing by introduction only if the new applicant and its sponsor could satisfy the Exchange that there would be adequate precautionary measures in place on and from the first day of listing on the Exchange
Source: Hong Kong Exchanges and Clearing Limited (HKEx)
March 29, 2010--After years on the drawing board and several false starts, Chinese regulators are finally close to introducing a set of new tools for traders in the country’s volatile equity markets.
The three innovations, consisting of the introduction of stock index futures, short selling and margin trading, amount to milestones for the country’s capital markets.
Source: FT.com
March 29, 2010--After years on the drawing board and several false starts, Chinese regulators are finally close to introducing a set of new tools for traders in the country’s volatile equity markets.
China will launch margin trading and short selling – tools that allow traders to use greater leverage and to profit from falling as well as rising markets – as soon as Wednesday, Zhang Yujun, president of the Shanghai Stock Exchange, told reporters in Beijing over the weekend.
Source: FT.com
March 26, 2010--The Financial Services Agency made amendments to Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc. so as to require listed companies to disclose the following information concerning corporate governance, after taking into consideration public comments on the proposal that we released on February 12, 2010. The new rules will be effective from March 31, 2010.
view Outline of Disclosure Items concerning Corporate Governance
Source: FSA JAPAN
March 26, 2010--China reaffirmed its determination on Friday to keep the yuan steady, rejecting US arguments that a stronger exchange rate is needed to help iron out global trade imbalances.
On a busy day for official pronouncements, a deputy central bank governor painted a rosy picture of China’s economic prospects and said Beijing would tweak monetary policy accordingly.
Source: Todays Zaman