Data shows Indian growth outstrips China's but economists doubtful
May 30, 2015--India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter fuelled doubts about the accuracy of a new method used to measure economic activity.
Asia's third-largest economy grew 7.5 percent year-on-year in the last quarter, according to the data,outstripping China's 7 percent growth in the same quarter and beating a Reuters poll of economists who forecast 7.3 percent growth.
view more
Source: Reuters
China may launch first stock index options in September-state media
May 30, 2015--The China Financial Futures Exchange (CFFEX) may launch the country's first-ever stock index option as early as September, state media reported on Saturday, giving investors more hedging tools as the government steps up financial market reforms.
"I'd predict that it could launch as soon as September but the exact timing of the launch will be finalised by the market regulator," a source told Shanghai Securities News.
view more
Source: Reuters
China may launch first stock index options in September-state media
May 30, 2015--The China Financial Futures Exchange (CFFEX) may launch the country's first-ever stock index option as early as September, state media reported on Saturday, giving investors more hedging tools as the government steps up financial market reforms.
"I'd predict that it could launch as soon as September but the exact timing of the launch will be finalised by the market regulator," a source told Shanghai Securities News.
view more
Source: Reuters
HKFE Announces Revised Margins for CSOP FTSE China A50 ETF Futures
May 29, 2015--Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Tuesday, 2 June 2015,
the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company's normal procedures and standard margining methodology.
view more
Source: Hong Kong Futures Exchange Limited (HKFE)
New listing of KODEX S&P500 Futures (H) ETF
May 29, 2015--Korea Exchange (KRX) announced that it will list KODEX S&P500 Futures (H) ETF which is managed by the Samsung Asset Management Co.
in the KOSPI market on 29th May, 2015.
view more
Source: Korea Exchange (KRX)
New listing of KINDEX SYNTH-China Mainland Leverage CSI300 ETF
May 29, 2015--Korea Exchange (KRX) plans to list KINDEX SYNTH-China Mainland Leverage CSI300 ETF which is run by the Korea Investment Management Co.
in the KOSPI market on 28th May, 2015.
view more
Source: Korea Exchange (KRX)
It's time for HK to reinvent itself, says Alexa Lam
May 28, 2015--The former deputy CEO of the Securities and Futures Commission warns that China no longer needs Hong Kong as its superconnector, and suggests a new niche for the city.
Hong Kong must grasp the chance to reinvent itself as the financial hub for Beijing’s ‘one belt, one road’ Eurasia initiative because its role as China’s superconnector will soon be redundant, said the recently retired Alexa Lam.
view more
Source: Asian Investor
More China brokerages tighten margin rules to contain risks
May 28, 2015--At least three Chinese brokerages, including Guosen Securities Co, Southwest Securities Co and Changjiang Securities Co, tightened margin financing rules on Thursday to tame risks in a red-hot stock market fueled by a record amount of borrowed money.
Separately, the Shanghai Securities News reported on its website that regulators have recently urged banks to submit data regarding money flows into the stock market.
Market Vectors Index Solutions Licenses Australia Small-Cap Dividend Payers Index to Underlie ETF view more China to Ease Limits on Overseas Investments view more
Source: Reuters
Market Vectors Index Solutions Licenses Australia Small-Cap Dividend Payers Index to Underlie ETF
ASX-listed ETF begins tracking the index today
May 28, 2015--Market Vectors Index Solutions GmbH(MVIS) today announced the licensing of the Market Vectors Australia Small-Cap Dividend Payers Index (AUD) to Market Vectors Australia, the Australian exchange-traded fund (ETF) branch of Van Eck Global, a leading provider of exchange-traded products in the US and globally.
As of today, the index will serve as the underlying for an ETF listed on the Australian Securities Exchange (ASX).
Source: Reuters
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls
May 28, 2015--China's campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas.
The latest initiative, expected to be announced in the next few weeks by the State Council, China's cabinet, will allow individual Chinese and businesses to directly purchase stocks, bonds and real estate..
Source: Wall Street Journal