https://www.scmp.com/rss/522158/feed The latest news and top stories on Hong Kong Securities Association. A prominent Hong Kong-based non-profit industry association, the Hong Kong Securities Association is dedicated to representing the interests of the securities industry and promoting the development of Hong Kong’s financial market. Located in Central Hong Kong, its main areas of activity include collaborating with regulatory bodies, protecting members’ interests and providing continuous professional training. Established in... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Lo Hoi-ying Lo Hoi-ying Hong Kong activist investor David Webb, who has died aged 60, has been remembered for his integrity, courage and rigour as a “true pioneer” of the city’s corporate governance. Tributes have poured in online for Webb, who died in Hong Kong on Tuesday of metastatic prostate cancer. He revealed his diagnosis in 2020, saying at the time that one of his final wishes was to live beyond 60. The Hong Kong Securities and Futures Professionals Association said on Wednesday that Webb was deeply respected... https://www.scmp.com/news/hong-kong/society/article/3339884/one-kind-tributes-pour-david-webb-hong-kongs-voice-integrity?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3339884/one-kind-tributes-pour-david-webb-hong-kongs-voice-integrity?utm_source=rss_feed Wed, 14 Jan 2026 09:54:26 +0000 Aileen Chuang Aileen Chuang The rapid rise of tokenisation risks repeating China’s earlier boom-and-bust cycle in peer-to-peer lending unless clear industry standards are established to ensure discipline and innovation, according to a senior Chinese asset manager. Some multilevel marketing companies in mainland China have already started holding meetings discussing real-world asset (RWA) tokenisation projects over the past year, raising “genuine concerns” that the nascent industry might be heading towards a... https://www.scmp.com/business/china-business/article/3334658/tokenisation-trend-risks-repeat-chinas-p2p-lending-crisis-asset-manager-warns?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3334658/tokenisation-trend-risks-repeat-chinas-p2p-lending-crisis-asset-manager-warns?utm_source=rss_feed Sun, 30 Nov 2025 23:30:12 +0000 Aileen Chuang Aileen Chuang HSBC Holdings’ plan to take its Hang Seng Bank subsidiary private marked a key step in the UK lender’s strategic overhaul, with Hong Kong’s troubled property market potentially aiding the move, according to analysts. The proposal on Thursday was “many months” in the making and had “nothing to do with the bad-debt situation” at Hang Seng Bank, HSBC group CEO Georges Elhedery said during a media round table in Hong Kong after the announcement. HSBC currently owns about 63 per cent of the city’s... https://www.scmp.com/business/banking-finance/article/3328378/whats-behind-hsbcs-privatisation-hang-seng-bank-drive-efficiency-analysts-say?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3328378/whats-behind-hsbcs-privatisation-hang-seng-bank-drive-efficiency-analysts-say?utm_source=rss_feed Thu, 09 Oct 2025 23:30:07 +0000 Enoch Yiu Enoch Yiu Super Typhoon Ragasa is expected to force Zijin Gold International, which launched Hong Kong’s second-biggest initial public offering (IPO) this year, to delay the book close offering for its retail investors from tomorrow, according to its listing prospectus. The Hong Kong Observatory on Tuesday afternoon issued the No 8 warning signal, as the typhoon is expected to bring hurricane-force winds with speeds of up to 230km/h (143mph) and thunderstorms. The weather forecaster said it would assess... https://www.scmp.com/business/companies/article/3326576/super-typhoon-ragasa-delay-close-zijin-golds-ipo?utm_source=rss_feed https://www.scmp.com/business/companies/article/3326576/super-typhoon-ragasa-delay-close-zijin-golds-ipo?utm_source=rss_feed Tue, 23 Sep 2025 11:01:19 +0000 Enoch Yiu Enoch Yiu Close to 200 stockbrokers have closed their doors in Hong Kong since 2020, and industry players expect more to throw in the towel as new allotment rules make it harder for retail investors to get in on popular initial public offerings (IPOs). A total of 23 brokerages informed the city’s stock exchange that they ceased trading this year, according to data from bourse operator Hong Kong Exchanges and Clearing (HKEX). This came after 39 closures last year, 32 in 2023 and a record high of 49 in... https://www.scmp.com/business/markets/article/3323099/why-hong-kongs-small-stockbrokers-are-dying-breed-despite-hot-market?utm_source=rss_feed https://www.scmp.com/business/markets/article/3323099/why-hong-kongs-small-stockbrokers-are-dying-breed-despite-hot-market?utm_source=rss_feed Tue, 26 Aug 2025 00:30:08 +0000 Enoch Yiu Enoch Yiu Hong Kong lenders were expected to face a talent shortage in artificial intelligence (AI), green finance and expertise related to the Middle East and Asean markets over the next five years, according to a study led by the Hong Kong Monetary Authority (HKMA). “We want to see local banks provide more training for their staff to upgrade their knowledge and skills to plug the talent shortage gap, instead of using higher pay to fight for talent from other banks,” Arthur Yuen Kwok-hang, deputy chief... https://www.scmp.com/business/banking-finance/article/3322124/hong-kong-banks-face-ai-and-green-finance-talent-shortage-2030-study-shows?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3322124/hong-kong-banks-face-ai-and-green-finance-talent-shortage-2030-study-shows?utm_source=rss_feed Mon, 18 Aug 2025 00:30:12 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing’s (HKEX’s) latest listing rules on distributing shares in popular initial public offerings (IPOs) are expected to draw more institutional investors and family offices but curb retail participation, according to industry players. The rules, which came into effect on August 4, mandate that IPO candidates allocate at least 40 per cent of the shares to institutional investors involved in bookbuilding – up from no guaranteed allocation previously. The rules have... https://www.scmp.com/business/markets/article/3321247/hong-kong-ipo-allocation-rules-shift-focus-institutions-limit-retail-access?utm_source=rss_feed https://www.scmp.com/business/markets/article/3321247/hong-kong-ipo-allocation-rules-shift-focus-institutions-limit-retail-access?utm_source=rss_feed Mon, 11 Aug 2025 00:30:09 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, will reduce the minimum trading spread for about 300 stocks starting Monday, a move aimed at lowering transaction costs and increasing turnover. “The minimum spread is the minimum price change for a stock traded on an exchange and determines the tightest bid-ask spread allowed,” the HKEX said in the conclusion of its consultation on the spread reform. “A reduction of minimum spreads could therefore... https://www.scmp.com/business/banking-finance/article/3320447/hkex-reduce-minimum-spread-300-stocks-monday-cut-cost-boost-trading?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3320447/hkex-reduce-minimum-spread-300-stocks-monday-cut-cost-boost-trading?utm_source=rss_feed Sun, 03 Aug 2025 03:30:09 +0000 Enoch Yiu Enoch Yiu Longer trading hours may become a global trend as more market operators embrace the idea in the coming months, as the London and Hong Kong exchanges attempt to gain first-mover advantage. The London Stock Exchange Group is reported to be studying the merits of 24-hour trading, while Hong Kong Exchanges and Clearing (HKEX) is preparing a new trading system that can support round-the-clock trading in financial derivatives. The cryptocurrency market has achieved that. Here is some background and... https://www.scmp.com/business/banking-finance/article/3319072/what-hong-kong-should-do-prepare-market-never-sleeps?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3319072/what-hong-kong-should-do-prepare-market-never-sleeps?utm_source=rss_feed Tue, 22 Jul 2025 01:06:57 +0000 Enoch Yiu Enoch Yiu A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out in 2028, would give Asia’s third-largest capital market the capability to “offer near 24-hour derivatives trading, introduce... https://www.scmp.com/business/banking-finance/article/3319047/should-hong-kong-follow-if-london-opts-24-hour-stock-trading-city-brokers-are-divided?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3319047/should-hong-kong-follow-if-london-opts-24-hour-stock-trading-city-brokers-are-divided?utm_source=rss_feed Mon, 21 Jul 2025 23:30:15 +0000