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  • Almost half of the international investors surveyed by the Asian Corporate Governance Association (ACGA) disagree with MSCI’s decision to include A-shares in its emerging markets (EM) index. The survey shows that foreign investors continue to face obstacles when investing onshore.
  • The Hong Kong Stock Exchange is delaying a review into allowing corporations to own shares with weighted voting rights (WVRs), potentially giving the Singapore Exchange, its chief rival, a leg-up in the race to host technology IPOs.
  • Foreign investors are holding more Chinese bonds than ever before, and they are ready to grab even more, according to a recent survey by S&P. Sentiment is likely to stay bullish as China’s monetary policy diverges from the US and the onshore market continues to grow, say analysts.
  • Brexit has been a slow-burning problem for the City of London, but burning it is. Financial markets are regulated. With worse access to Europe, the UK must make itself attractive to financial firms in other ways.
  • Singapore Exchange (SGX) has rejigged its listing rules to allow companies in the mineral, oil and gas (MOG) sector to list at an earlier stage.
  • BNP Paribas is combining its primary and secondary activities in US credit markets under a new Global Credit Markets Americas division, with a new head of leveraged finance joining from Deutsche Bank to bolster the firm’s offering.