Julia Leung Fung-yee, deputy chief executive of Securities and Futures Commission, says the watchdog will issue guidelines for underwriters on IPO and bond sales. Photo: Dickson Lee

Hong Kong’s market regulator to come down hard on misconduct, steps up oversight of underwriters

  • Misconduct can undermine investor confidence in the integrity and transparency of the markets, says Julia Leung, deputy CEO of Securities and Futures Commission
  • Brokers urge the SFC not to overregulate markets as it would result in fewer IPOs and turnover, which could further affect the struggling securities industry
Topic |   SFC

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Julia Leung Fung-yee, deputy chief executive of Securities and Futures Commission, says the watchdog will issue guidelines for underwriters on IPO and bond sales. Photo: Dickson Lee
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Lawmaker Christopher Cheung Wah-fung said on Thursday that the cap on margin financing will severely hurt the viability of small brokerages. Photo: Nora Tam

Financial services lawmaker says cap on margin financing will make survival of small stock brokerages extremely difficult

  • Industry representatives were unable to convince the government to drop the rule which comes into effect today
Topic |   SFC

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Lawmaker Christopher Cheung Wah-fung said on Thursday that the cap on margin financing will severely hurt the viability of small brokerages. Photo: Nora Tam
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