Cindy Chen will oversee the post-trade business development team, as well as the blockchain project HKEX is working on with Digital Asset.
Tag: Hong Kong
Clearstream has become the first international fund services provider that can directly route orders from eligible Hong Kong institutional investors into Mainland China funds.
Funds in Hong Kong will now find it easier to market to UK investors if they can demonstrate broad equivalence.
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.
The partnership signals how banks are now more open to FinTech collaboration enhance non-differential processes in the middle- and back-office.
Around 70% of the nearly 230 mainland-traded stocks joined MSCI’s emerging markets and global indexes on Friday.
John Van Verre had been stationed in London since 2011, after he first joined HSBC Securities Services in Singapore.
Asian acquisition follows hot on the heels of US deal to widen firm’s geographic footprint.