2021-2022年度 中一自行分配學位申請 ; 暫停面授課堂安排 (02/12/2020) 各級恢復面授課堂安排 (16/09/2020) [21] Activist David Webb said that HKEX's desire to delist stemmed from these companies generating very little revenue for the exchange but taking up a disproportionate amount of staff resources. CCASS SYSTEM OVERVIEW. The Hong Kong Government is the single largest shareholder in HKEX, and has the right to appoint six of the thirteen directors to the board. The securities eligible for the CAS include all constituents of the Hang Seng Composite LargeCap, MidCap and SmallCap indices, H shares which have corresponding A shares listed on a mainland exchange and all exchange traded funds. You may also request for CCASS shareholding information in the past 7 years by submitting written request to psh@hkex.com.hk. On 28 November 2008, new rules were announced which included, inter alia, limitation of directors' trading in their companies' shares between the end of each semester until after publication of its results. As of the end of December 2020, there were 2,538 companies[4] listed on HKEX's securities market. List of CCASS Participants (Intermediaries) >. CCASS System Overview. [7] The acquisition was completed in December 2012. [10], In September 2019 Hong Kong Exchanges and Clearing made a proposal to the London Stock Exchange to merge the two companies in a cash and share deal worth £29.6 billion, or £31.6 billion ($39 billion) including debt. [27], In 2015, the Wall Street Journal reported that the CEO of the exchange, Charles Li, while he was chairman of JP Morgan China from 2003 to 2009, recommended hiring the children and associates of Chinese officials, clients and potential future clients. Established in 1976, the Hong Kong Commodity Exchange (the predecessor of Hong Kong Futures Exchange Limited) is a derivatives leader in the Asia-Pacific region. HKEX reserves the right to modify or discontinue, temporarily or permanently, the CCASS shareholding search facility and any information made available thereunder at any time with or without notice. The four exchanges ceased business on 27 March 1986 and the new exchange commenced trading through a computer-assisted system on 2 April 1986. Another analyst was concerned about the independence of "independent chairman" Ronald Arculli, who also sits on the Executive Council. the CCASS eIPO service, including the Hong Kong identity card numbers, passport numbers or Hong Kong business registration numbers of successful applicants (where applicable) and the number of Hong Kong Offer Shares, successfully applied for, will be made available at the times and dates and in the manner specified below: Shareholding information displayed represents the shareholdings of CCASS Participants as at the end of the specified date. HKFE launched on 6 May 1986 its flagship product, the HSI Futures, which is still its most popular futures product in HKEX’s derivatives markets today. [30], In mid-December, legislators representing the functional constituencies, led by Abraham Razack, Chim Pui Chung and David Li, demanded that regulators postponed the execution of a prolonged blackout proposal. Hong Kong and overseas investors may trade Stock Connect shares through their brokers. Bank Name: Citibank N.A Hong Kong for account of Citibank (Hong Kong) Limited ; Contact details: hkst.gcghk@citi.com or 2860 0222; Applicable to HK/SH/SZ Stock: CCASS Participant ID: C00010 ; Client account No: 8484940000 ; Applicable to US Stock: DTC (Depository Trust Company) ID: 0908 Shenzhen-Hong Kong Stock Connect currently supports order placement over Securities Services Hotline only. The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong.It is the world's largest bourse in terms of market capitalization, surpassing Chicago-based CME.As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion.It is reported as the fastest growing stock exchange in Asia. [18] Derivative products include index and stock futures and options, interest rate and fixed income products and gold futures. Find Ccass jobs in Hong Kong with JobsDB. Webb-site is pleased to announce today's launch of new features in our extremely popular Webb-site CCASS Analysis System (WCAS) which tracks the movements of custody positions in the Central Clearing and Automated Settlement System (CCASS) run by Hong Kong Securities Clearing Co Ltd (HKSCC). However it postponed the rules' introduction by three months."[32]. Webb decried the conflict of interest between its role as operator and regulator, and called on the regulatory role to be passed to the SFC. HKEX has been the world's top listing venue in terms of IPO funds raised in seven of the past 11 years[5]. HKSCC, HKCC and SEOCH provide integrated clearing, settlement, depository and nominee activities to their participants, while OTC Clear provides OTC interest rate derivatives and non-deliverable forwards clearing and settlement services to its members. Hong Kong HKEx Announces CCASS Service Enhancements. Hong Kong Securities Clearing Company Limited was incorporated in 1989. The HKMA plays an active role in the development of financial infrastructure in Hong Kong with a view to maintaining Hong Kong as an international financial centre and developing Hong Kong into a settlement hub in the Asian region. This page was last edited on 22 January 2021, at 15:54. To know more about different products & online banking services by Citi Hong Kong, click here. New speech by Ashley Alder: Special remarks at the Asian Financial Forum 2021. [14], HKEX implemented a Closing Auction Session (CAS) in two phases[15] on 25 July 2016 and 24 July 2017. It operates the central clearing and settlement system (“CCASS”) which provides CCASS services to participants of CCASS subject to its General Rules of CCASS and CCASS Operational Procedures in effect from time to time. Pressure to strengthen market regulation and to unify the four exchanges led to the incorporation of SEHK, the Stock Exchange of Hong Kong Limited in 1980. Information will be provided in CD ROM or other formats and subject to a charge. [9], After the New York Stock Exchange announced in November 2006 that it would open an office in Beijing to work with the Shanghai Stock Exchange, Hong Kong Exchanges and Clearing chairman Ronald Arculli dampened speculation, saying it has no immediate plans to acquire or merge with other exchanges, but would focus on "strengthening our competitiveness and reviewing our listing fees". CCASS is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary The Hong Kong Commodity Exchange was renamed the Hong Kong Futures Exchange (HKFE) on 7 May 1985. [6] However, the first formal market, the Association of Stockbrokers in Hong Kong, was not established until 1891. The shareholding information of CCASS Participants and other information made available under this CCASS shareholding search facility is provided for your information only. Introduced in June 1992, CCASS was originally designed to serve primarily market intermediaries of the Hong Kong securities market, such as, brokers and custodians (CCASS Participants) who in turn act as mini-clearing houses for their clients. [28], Between 11 January 2008 and 7 April 2008, HKEX launched a consultation paper proposing changes to the Listing Rules "to address 18 substantive policy issues pertaining to corporate governance and initial listing criteria". According to market sources, the Government spent HK$2.44 billion to buy 15.72 million shares in the company. Subsequently, HKEX, under the founding member programme, invited 12 financial institutions as founding members of OTC Clear, who in total hold 25 per cent of issued share capital in OTC Clear (in the form of non-voting ordinary shares) whilst HKEX holds the remaining 75 per cent. HSBC Hong Kong offers a range of bank accounts with 24/7 online banking services for investments, insurance, credit cards, loans, mortgages and savings. ETFs and REITs) and structured products. HKEX's morning session runs from 09:00 am to 12:00 pm; the extended morning session is from 12:00 pm until 1:00 pm and the afternoon session is from 1:00 pm to 4:00 pm. Major securities products include equity securities, depositary receipts, debt securities, unit trusts/mutual funds (i.e. [21], On 10 September 2002, a government report was released which found HKEX Chief Executive Kwong Ki-chi guilty of administrative mistakes and said he "should be held responsible on behalf of the HKEX for any major policy shortcomings in the preparation and release of the consultation paper". OTC Clear started offering OTC derivatives clearing services in November 2013. HKEX continues to hold 100 per cent of the voting ordinary shares of OTC Clear. HKEX and its subsidiary companies, HKFE Clearing Corporation Limited and SEHK Options Clearing House Limited, operate rigorous risk management system which enables participants and their clients to meet their investment and hedging needs in a liquid and well-regulated market place. September 21, 2015 [12] In 1993 the exchange launched the "Automatic Order Matching and Execution System" (AMS) that was replaced by the third generation system (AMS/3) in October 2000. 0.002% of the consideration of each transaction per side payable under ChinaClear’s Shanghai-Hong Kong Stock Connect & Shenzhen-Hong Kong Stock Connect Rules 過戶費(中央結算收費) Transfer Fee (charged by CCASS) 成交金額的 0.002%,根據中央結算系統一般規則支付,作為香港結算提供滬股及深股 … [13] Systems as such were added to meet the increased popularity of online stock trading. The two exchanges merged to form the Hong Kong Stock Exchange in 1947 and re-establish the stock market after the Second World War. [19], In April 2002, HKEX launched a study to consider the delisting of "penny stocks" to improve market efficiency. Seventeen companies' shares lost more than 30 per cent of their value, and about HK$6 billion in market capitalisation was wiped off 105 listed companies. After settlement of the trade, Stock Connect shares are held by the brokers or custodians as clearing participants in the Hong Kong Central Clearing and Settlement System (“CCASS”), which is maintained You can search for CCASS shareholding information in the past 12 months. Hong Kong Securities Clearing Company Limited (“HKSCC”) is a recognised clearing house under the Securities and Futures Ordinance. HKEX provides market data through its data dissemination entity, HKEX Information Services Limited. The main products traded on the commodity exchange were cotton futures, sugar futures, soybean futures and gold futures. Hong Kong and Thailand regulators sign MoU on Mutual Recognition of Funds 18 Jan 2021. 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