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Business Digest, December 21, 2012

The mainland may let foreign funds trade stock index futures, the China Securities Journal reported.

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HSBC is selling its 18 per cent stake in Vietnamese insurer Baoviet to Sumitomo Life Insurance, one of Japan's top four life insurers.

The mainland may let foreign funds trade stock index futures, the China Securities Journal reported. HSBC and UBS may be among the first firms allowed to trade on the China Financial Futures Exchange under the qualified foreign institutional investor programme, the newspaper said. Bloomberg

 

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Taiwan and the mainland will start talks during the next three months aimed at setting a framework for mainland companies to list on the Taipei bourse, Taiwan's regulator, Chen Yuh-chang, minister of financial supervisory commission, told the legislative council. Reuters

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