HKEx: Changes Of Designated Securities For Short Selling
May 3, 2010--The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 10 May 2010 (Monday), 59 additional securities will be eligible for short selling and 12 existing designated securities will be removed from the list. The total number of designated securities for short selling will be 579 after the revision.
The securities to be added to the list of designated securities and the securities to be removed from such list are shown in the attachment.
read more
Source: HKEx
DB Index Research -- Weekly ETF Market Review - Asia-Pacific
May 4, 2010--Market Overview
There are 213 equity based ETFs in the Asia Pacific region with 300 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 42.23% of the whole market, whilst China has the largest market share by turnover with 37.97.
There were no new listings in the last week.
Turnover
Monthly average daily turnover declined 3.6% in the last week. Turnover for the previous week was USD 838 m. The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD 194 m accounting for 23.1% of total turnover.
Assets Under Management
AUM declined 1% in the previous week. AUM as of April 30th were USD 62.8 bn. The largest ETF by AUM is the TOPIX ETF managed by Nomura Asset Management with AUM of USD 6.6 bn.
To request a copy of the report
Source: Aram Flores and Shan Lan -DB Index Research
Bank of Japan eyes change of policy
April 30, 2010--The Bank of Japan on Friday promised ”new efforts” to support economic growth but it is unlikely to make the big changes to monetary policy demanded by its critics in Japan’s ruling party.
The bank forecast an end to deflation next year, predicting that prices will rise by 0.1 per cent in the year that starts April 2011, and sharply increased its median growth forecast for this year from 1.3 to 1.8 per cent.
read more
Source: FT.com
Circuit Breaker Base Price Applied to Gas Oil Futures Contract
April 30, 2010--TOCOM will reopen the Gas Oil futures contract on May 6, 2010.
The base prices for Circuit Breaker (CB) on the day of reopening will be as follows.
Contract Month |
Base Price for CB (JPY) |
June 2010 |
61,000 |
July 2010 |
61,000 |
August 2010 |
61,000 |
September 2010 |
61,000 |
October 2010 |
61,000 |
November 2010 |
61,000 |
Please note that the initial CB trigger level for gas oil in May 2010 will be JPY 2,400 (Circuit Breakers for May 2010).
DB Index Research - Weekly ETF Market Review - Asia -Pacific
April 28, 2010--Highlights
Market Overview
There are 214 equity based ETFs in the Asia Pacific region with 301 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 42.13% of the whole market, whilst China has the largest market share by turnover with 34.75%.
There were no new listings in the last week.
Turnover
Monthly average daily turnover rose 11.6% in the last week. Turnover for the previous week was USD 870m. The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD 195m accounting for 22.4% of total turnover.
Assets Under Management
AUM rose 3% in the previous week. AUM as of April 23rd were USD 63.5bn. The largest ETF by AUM is the TOPIX ETF managed by Nomura Asset Management with AUM of USD 6.6bn.
To request a copy of the report
Source: Aram Flores and Shan Lan -DB Index Research
China climbs to number one in auto manufacturing
April 28, 2010--China has for the first time beaten out Japan and the US for the top spot in motor vehicle production, according to 2009 production statistics from the International Organization of Motor Vehicle Manufacturers (OICA).
The Chinese manufacturers churned out 48.3 percent more vehicles in 2009 compared to the previous year even as production dropped 13.5 percent worldwide amid difficulties caused by the global economic crisis.
read more
Source: Todays Zaman
China to build reactors in Pakistan
April 28, 2010--China has agreed to build two new civilian nuclear reactors in Pakistan, according to Chinese companies and officials in Islamabad and Beijing, in a deal that could re-ignite the global debate about nuclear commerce and proliferation.
The decision to supply reactors to Pakistan , which has a nuclear arsenal and a record of dealing with North Korea, Iran and Libya, reflects China’s growing diplomatic confidence. It also reflects Beijing’s ambition to become a global supplier of nuclear energy and underscores its view of Pakistan as a prized south Asian strategic partner
read more
Source: FT.com
Monetary Authority Of Singapore Invites Comments On Proposed Enhancements To The Regulatory Regime For Fund Management Companies And Exempt Financial Intermediaries
April 27, 2010--The Monetary Authority of Singapore (MAS) is reviewing the regulatory regime for financial intermediaries conducting fund management activities and the exemption regime for financial intermediaries engaged in leveraged foreign exchange trading. A consultation paper has been issued to seek comments from the public on proposed enhancements and changes to the regulatory regime.
2. This review is aimed at ensuring that the regulatory regime keeps pace with industry and regulatory developments globally, formalising existing industry best practices, as well as enhancing regulatory oversight over the respective industries. The proposed enhancements also seek to raise the quality and standard of players to foster long term sustainable growth of the fund management industry.
3. The proposals under the consultation paper represent an evolution of the existing regulatory regime for the fund management industry. Fund Management Companies ["FMCs"] whose activities are limited in scale and impact may continue to operate under a notification regime and be subjected to certain conditions. This is similar to the existing framework for exempt fund managers. FMCs who serve retail investors and/or manage or advise on a larger portfolio of assets will have to be licensed. MAS also intends to require all FMCs to meet business conduct as well as capital requirements.
view the CONSULTATION PAPER
Source:mas,gov.sg
Japan's Securities And Exchange Surveillance Commission: Inspection Manual For Credit Rating Agencies
April 26, 2010--Japan's Securities And Exchange Surveillance Commission: Inspection Manual For Credit Rating Agencies is now available.
read more
Source: Securities and Exchange Surveillance Commission, Japan
SE Dividend Focus 100 ETF And NOMURA Crude Oil Long Index ETF To Be Listed
April 26, 2010--Today, Tokyo Stock Exchange, Inc. (TSE) approved the listings of the "Listed Index Fund Japan High Dividend (TSE Dividend Focus 100)", managed by Nikko Asset Management Co., Ltd and "NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund", managed by Nomura Asset Management Co., Ltd.
Code | 1698 (ISIN JP3047170000) | 1699 (ISIN JP3047180009) |
---|---|---|
Name | Listed Index Fund Japan High Dividend (TSE Dividend Focus 100) | NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund |
Fund Administrator | Nikko Asset Management | Nomura Asset Management |
Listing Date | May 14, 2010 | May 17, 2010 |
Trading Unit | 10 units | 10 units |
Underlying Index | Tokyo Stock Exchange Dividend Focus 100 Index | NOMURA Crude Oil Long Index |
With these listings, there will be a total of 88 ETFs listed on the Tokyo market, bringing us closer to the goal of 100 listed ETFs by the end of fiscal year 2010, as laid out in the Medium-Term Management Plan. The TSE will continue working to diversify the ETF market and improve the convenience of our market for all investors.
Source: Tokyo Stock Exchange
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.