HKEx drops dual-class proposal after SFC thumbs down

Hong Kong Exchanges and Clearing (HKEx) has pulled the plug on its campaign to allow weighted voting rights (WVRs), bowing to pressure from the city’s securities regulator.

  • By John Loh
  • 08 Oct 2015

The bourse operator said its listing committee will not proceed with the draft WVR recommendations, after considering the views of the board of the Securities and Futures Commission (SFC), which had opposed the idea.

Hong Kong goes by the "one share, one vote" rule, but had been ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.01
2 Everbright Securities 16.95
3 Agricultural Bank of China (ABC) 10.59
4 HSBC 6.99
5 Industrial and Commercial Bank of China (ICBC) 6.36

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Apr 2017
1 China International Capital Corp Ltd 5,979.41 23 8.62%
2 CITIC Securities 5,733.11 24 8.26%
3 Goldman Sachs 4,331.34 14 6.24%
4 China Securities Co Ltd 3,641.05 21 5.25%
5 UBS 3,599.31 16 5.19%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2017
1 HSBC 13,882.10 82 9.23%
2 Citi 10,522.80 65 6.99%
3 JPMorgan 9,780.84 52 6.50%
4 Morgan Stanley 7,857.74 38 5.22%
5 Standard Chartered Bank 7,535.94 47 5.01%

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  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

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