Zoe SL Chan
9 article(s) here · 0 carrying a prediction
🔮 Hong Kong finds gold-trading leader in former exchange executive Bryan Chan
He will head Hong Kong Precious Metals Central Clearing (HKPMCC), a wholly government-owned entity established in January
Chan would be expected to deliver efficient and reliable clearing and settlement services for over-the-counter gold transactions, work closely with industry participants and collaborate with the government to build an international-standard gold trading ecosystem, the government said.
🔮 It planned to start bookbuilding as soon as next week, and could make its trading debut in mid-October, the sources said.
🔮 Hong Kong to support rocket, satellite IPOs as SpaceX-led sector takes off
Exchange will examine listing-rule changes to attract space IPOs in move aligned with Beijing’s prioritisation of space technology
Hong Kong aims to adjust listing rules to grab a share of initial public offerings (IPOs) by mainland China’s space companies as activity in the sector increases in line with Beijing’s priorities and heightened activity in the sector following the blockbuster June listing by Elon Musk’s SpaceX.
🔮 Tighter scrutiny of Hong Kong IPOs could slow deal flow, analysts say
CSRC and SFC wake-up calls to bankers and other intermediaries indicate emphasis on quality over quantity amid fervour for listings
Securities regulators in Hong Kong and mainland China are doubling down on efforts to raise the quality of Hong Kong initial public offerings (IPOs), which could slow the flow of new listings but would not reduce underlying demand, according to analysts.
Also by Zoe SL Chan
Nothing else under this byline is closely related to this
article, so these are simply their most recent.
The Aporia
