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The LME's owner, Hong Kong Exchanges and Clearing Ltd., said in a statement late Sunday that it would fight the class-action lawsuit, which it said was without merit.
Hong Kong Exchanges and Clearing Ltd. said it is teaming up with stock exchanges in Shanghai and the southern boomtown of Shenzhen.
Hong Kong Exchanges and Clearing Ltd. (HKEx), the holding company of the territory's stock and futures exchanges, announced Thursday it has appointed Paul Chow as its new chief executive, succeeding Kwong Ki-chi.
Hong Kong Exchanges and Clearing Ltd. (HKEx), which runs both the main board and the GEM, will amend the listing rules to improve corporate governance by the end of the year after consulting the market on the matters, Ma said.
The Financial Services Bureau, the Hong Kong Monetary Authority, the Securities and Futures Commission, the Office of the Commissioner of Insurance, and Hong Kong Exchanges and Clearing Ltd. participated in the drill.
Hong Kong Exchanges and Clearing Ltd. (HKEx) said Wednesday's trading had been orderly.
Hong Kong Exchanges and Clearing Ltd. (HKEx) said Tuesday it has published a consultation paper on extending the trading hours of the stock and derivatives markets to attract more investors and to boost turnover.
Stockbrokers and futures brokers in Hong Kong will be free to negotiate commission rates with their customers from April 1, 2002 following the removal of the existing minimum brokerage commission rules, the Board of Hong Kong Exchanges and Clearing Ltd. said Wednesday.
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