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Hong Kong Exchanges and Clearing Limited (HKXCY)
- Financial Times
Hong Kong investigates block and derivatives trading after Archegos collapse
Implosion of Bill Hwang’s family office a year ago inflicted billions in losses for investment banks
- Financial Times
Hong Kong exchange sets terms for Evergrande to avoid delisting
Chinese developer Evergrande has said Hong Kong’s stock exchange has set the terms for it to avoid delisting, as turmoil in the country’s property sector pushed a gauge of Asian high-yield dollar debt to near-record lows. Moody’s last week put the credit rating of Chinese conglomerate Fosun International on review for downgrade. Evergrande, the world’s most indebted developer, said in an exchange filing on Tuesday that it had until September 20 2023 to resume trading in its shares.
- Yahoo Finance UK
Bank of England and UK city watchdog to probe nickel trading suspension
The regulators will engage with traders who held significant positions in the market to assess the effectiveness of their risk management and governance during the period.
