Hong Kong’s stock exchange is seeking to further relax rules for publicly traded companies to conduct deals, as the Asian financial hub pushes to enhance its competitiveness as a listing destination.

Hong Kong Stock Exchange seeks further listing rule easing to help deals, spin-offs

Andrew Left, the US short-seller whose early warnings on China Evergrande Group got him banned from trading in Hong Kong, isn’t in a gloating mood.

Evergrande saga highlights short-selling risks, says Andrew Left 

Hong Kong’s stock exchange beat market estimates with a 21% rise in second-quarter net income, fuelled by robust trading volumes and a jump in initial public offerings (IPOs).

Hong Kong bourse posts record earnings on IPO, trading boom

Hong Kong Exchanges & Clearing Ltd has renewed chief executive officer Bonnie Chan’s contract from March 2027 through February 2030, according to a statement Monday.

HKEX renews CEO Bonnie Chan’s contract for three years amid IPO boom

Thousands of stock traders, brokers and other financial professionals in Hong Kong may soon lose their lunch hour — and some aren’t happy about it.

Hong Kong brokers cling to lunch break exchange wants to scrap

Hong Kong’s stock exchange is considering an extension of equity trading hours to align with most global markets, including a proposal to eliminate the lunch break, according to people familiar with the matter.

Hong Kong mulls longer stock trading hours, ending lunch break — Bloomberg

(July 10): JPMorgan Chase & Co’s Nelly Pai and Citigroup Inc’s Alexander Schrantz are joining the Hong Kong stock exchange panel responsible for approving initial public offerings, according to people familiar with the matter, as the city sharpens its scrutiny of deal quality.

JPMorgan, Citi bankers to join Hong Kong Exchange listing panel — Bloomberg

PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion (US$166 million or RM658 million) in compensation and fines in Hong Kong over its auditing work of China Evergrande Group.

PwC agrees to pay US$166 mil to close Evergrande probe in HK

PricewaterhouseCoopers LLP (PwC) said it will investigate an anonymous letter circulating on social media that made “false allegations” about the company and its partners over its role in auditing China Evergrande Group.

PwC denies allegations of its role in auditing Evergrande

Hong Kong’s stock exchange is looking at introducing a suite of new exchange-traded products after rolling out an initiative to tighten trading spreads and enhancing liquidity in the US$38 billion market.

Hong Kong Exchange plans suite of new exchange-traded products

Malaysia should look beyond the headline value of investments and focus on whether they create better-paying skilled jobs, raise productivity and strengthen local companies, Economy Minister Akmal Nasrullah Mohd Nasir said.

Malaysia must prioritise investments that deliver high-skilled jobs over numbers — minister

SYDNEY (Sept 22): New Zealand's top central banker said on Tuesday that if recent gains in oil prices persist, it would lead to "somewhat" higher inflation than previously forecast, adding that there remained significant risks to the country's economic recovery.

New Zealand central bank chief sees risks to economy, inflation

Bessent warned against betting against the US bond market (Photo by Bloomberg)
...

Condivergence: House of cards in bonds

Australia's corporate watchdog has warned it could take action against "poor practices" by firms in the booming private credit sector, from unrealistic valuations to opaque fees, if standards do not improve.

Australia's corporate regulator calls out 'poor practices' in private credit

SEOUL (Sept 22): South Korea has selected a gas-fired power plant project in Texas as the first project Seoul intends to pursue under a US$350 billion investment deal with Washington and is considering two other projects, a lawmaker said on Tuesday.

South Korea picks Texas power plant, weighs nuclear investments under US deal

KUALA LUMPUR (Sept 22): Powerwell Holdings Bhd (KL:PWRWELL) climbed to new record high on Tuesday as investors and analysts cheered the electricity distribution equipment maker’s largest ever contract.

Powerwell charts new record high after bagging its largest contract ever

(Sept 22): Alibaba Group Holding Ltd is rolling out what it calls China’s most powerful AI chip, an accelerator to compete with Nvidia Corp and underpin a massive expansion of data centre capacity in coming years.

Alibaba unveils AI chip to drive 20GW of data centres by 2032

Consumer and construction stocks could be among the key beneficiaries of the upcoming Budget 2027, as higher cash aid, potential tax relief and increased development spending are expected to support domestic demand and infrastructure activity, CIMB Securities said on Tuesday.

CIMB Securities: Consumer, construction stocks seen as key beneficiaries of Budget 2027

KUALA LUMPUR (Sept 22): Crude palm oil (CPO) prices are expected to remain above RM4,700 per tonne until at least October, if not the rest of the year, according to the Malaysian Palm Oil Council (MPOC) statement on Tuesday.

Crude palm oil prices expected to remain above RM4,700 per tonne for the rest of the year — MPOC

European Commission President Ursula von der Leyen said in a post on X on Tuesday that she had spoken to Philippine President Ferdinand Marcos Jr and that they had just agreed on a free-trade deal.

EU and Philippines reach 'substantial agreement' on free-trade deal

KUALA LUMPUR (Sept 22): IGB REIT Management Sdn Bhd announced the passing of its former chief executive officer Elizabeth Tan Hui Ning on Monday, expressing profound sadness over the loss of a leader whose contributions left a lasting impact on IGB REIT and IGB Commercial REIT.

Former IGB REIT CEO Elizabeth Tan passes away; company pays tribute to her leadership

Singapore’s sovereign wealth fund sold shares in Sunway Healthcare Holdings Bhd (KL:SUNMED) worth over RM1 billion on Tuesday, according to a news report.

Singapore’s sovereign wealth fund sells Sunway Healthcare shares worth over RM1b — report

Vladimir Putin is set to travel to China for the Asia-Pacific Economic Cooperation (Apec) summit hosted by President Xi Jinping but is likely to skip the Group of 20 (G20) in the US with Donald Trump.

Putin plans to attend Xi’s Apec summit and skip G20 with Trump — Bloomberg

BENGALURU (Sept 22): Oil prices gained on Tuesday as the market steadied after several days of declines, with investors awaiting developments on potential US-Iran talks at the United Nations General Assembly this week.

Oil rises slightly ahead of potential US-Iran talks

The last stretch of a busy week for markets saw stocks churning as bond yields rose, with investors also facing the expiration of a pile of options that spurred a surge in trading volume.

Stocks jump on AI optimism as AMD tops US$1 tril

Alok Sanghi used to work in his family’s cements business, Sanghi Industries, which his father founded more than four decades ago.

Factory floor or family office? India’s young rich alarm elders

Electronic Know Your Customer (eKYC) service providers are updating their systems to recognise the design and features of the new-generation MyKad for identity verification.

eKYC providers updating systems for new generation MyKad — NRD

(Sept 22):&nbsp;Asian stocks rose in early trading as the region’s heavyweight technology shares tracked US peers higher on optimism around Meta Platforms Inc’s new artificial intelligence agent.

Asian stocks climb after tech powers Wall Street

Police are hunting the suspects behind arson attacks on two convenience stores in Kuching and Sri Aman on Sunday, in which objects believed to contain explosives or flammable materials were thrown into the premises.

Sarawak police hunt suspects in explosive attacks on two convenience stores

Consumer and construction stocks could be among the key beneficiaries of the upcoming Budget 2027, as higher cash aid, potential tax relief and increased development spending are expected to support domestic demand and infrastructure activity, CIMB Securities said on Tuesday.

One of Australia’s largest states has banned the construction of data centres in residential areas and mandated that they must “bring their own renewable energy supply,” part of a slew of rules designed to tackle growing community pushback.

Australian state bans data centres from residential areas

Advanced Micro Devices Inc (AMD) shares jumped on Monday, putting the company on track to close above US$1 trillion (RM4.08 trillion) in market value for the first time amid renewed optimism for chipmakers necessary to power artificial intelligence (AI).

AMD set to top US$1 tril in market value as chip stocks soar

China is over halfway to meeting its pledge to buy 25 million tonnes of US soybeans this year, but progress on a separate commitment to spend billions of dollars more on American crops has largely stalled.

China’s selective crop buying tests US trade truce before summit

KUALA LUMPUR (Sept 22): Powerwell Holdings Bhd (KL:PWRWELL) climbed to new record high on Tuesday as investors and analysts cheered the electricity distribution equipment maker’s largest ever contract.

SEOUL (Sept 22): South Korea has selected a gas-fired power plant project in Texas as the first project Seoul intends to pursue under a US$350 billion investment deal with Washington and is considering two other projects, a lawmaker said on Tuesday.

KUALA LUMPUR (Sept 22): Crude palm oil (CPO) prices are expected to remain above RM4,700 per tonne until at least October, if not the rest of the year, according to the Malaysian Palm Oil Council (MPOC) statement on Tuesday.

British Columbia sued OpenAI in California on Monday, saying a mass shooting at a school in the province could have been prevented if the company had warned local law enforcement that the shooter had used ChatGPT to plan the massacre.

British Columbia sues OpenAI over Tumbler Ridge school shooting

KUALA LUMPUR (Sept 22): As of 9am on Tuesday, 14 areas across the country, including 10 in Sarawak, recorded unhealthy Air Pollutant Index (API) readings due to haze.

Several areas in Sarawak, other states record unhealthy API readings at 9am

Bitcoin retreated from an eight-month high Tuesday in Asia after a dizzying rally that saw it surge more than 13% in four days.

Bitcoin retreats from eight-month high after dizzying 13% rally

Federal prosecutors are investigating whether Binance Holdings Ltd, the operator of the world’s biggest crypto exchange, violated US sanctions on Iran by not stopping certain trading on its platform, according to people familiar with the matter.

Kiuyan Wong

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Kiuyan Wong

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌