HK regulator imposes fine on UBS for trading control failure

The latest SFC action comes nearly two weeks after UBS said the Hong Kong regulator had blocked it from sponsoring IPOs for 18 months. The suspension, which the Swiss bank is appealing, is not effective until its appeal has been ruled upon. The Swiss bank ... ( read original story ...)

Hong Kong equities higher despite caution ahead of Fed meeting

Stocks in Hong Kong rose on Wednesday with investors shrugging off cautious sentiment ahead of a highly anticipating meeting of the US central bank. The Hang Seng index rose 1.1 per cent at the open in Hong Kong with China-linked stocks the among the ... ( read original story ...)

Hong Kong Exchange’s Big Bet on China Is Suddenly Under Threat

In an interview with Bloomberg News in June, the HKEX chief said additional trading links, including those for ETFs, derivatives and commodities, would see Hong Kong become a “global deployment center’’ for Chinese wealth. He added that the IPO link ... ( read original story ...)

Hong Kong gets its own news aggregator app

Hong Kong has witnessed the launch of a news aggregator app called ‘Hong Kong Headline’. The mobile app has sparked chatter that it could pose a threat to traditional media, particularly the free newspaper Headline Daily. The new ‘Hong Kong ... ( read original story ...)