In The News

Hong Kong – SFC Takeovers Table Updated

On 10 September 2018, the Securities and Futures Commission updated the Takeovers Table to reflect the offer period for Future Bright Mining Holdings Limited (Stock Code: 2212) was closed on 7 September 2018.
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Hong Kong – HKEX Securities For Short Selling

On 3 August 2018, HKEX updated the designated securities eligible for short selling. 25 additional securities will be eligible for short selling and 48 existing designated securities will be removed from the list. The total number will be 946 after this.
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Singapore Short Selling Changes

Solutions Atlantic has released an amended rule for Singapore short selling reporting requirements. Changes to short selling regime and disclosure obligations in Singapore will take effect in October 2018.
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RRS Adds Coverage for Jamaica

Solutions Atlantic has released coverage for Jamaica, following the addition of this jurisdiction to aosphere's Rulefinder. This brings the total jurisdiction coverage to 97 in the RRS Rules Library. Investors in Jamaica will find themselves subject to major shareholding disclosure obligations as well as short selling and issuer limits.
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Hong Kong – SFC Deutsche Short Fine

On 13 March, HK SFC fined Deutsche Bank HK$8.3mn for short sales. Fined Deutsche Bank and its wholly-owned subsidiary Deutsche Securities Asia. Re short position reports, unlicensed activities and segregation of client money. Short Positions Breach of reporting requirements, led to a failure to report 792 short positions. Short position at close of trading on…
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