Tagged: hong kong securities and futures commission

Hong Kong Securities and Futures Commission Says Binance Security Token Offerings are Unregulated Activity

The Hong Kong Securities and Futures Commission (SFC) has issued a notice that Binance may be offering stock token offerings to Hong Kong investors. The SFC stated that Binance is not licensed to offer regulated activity in Hong Kong. Binance has recently been the target… Read More

Ping An Reports Successfully Completing Initial Close of $200M Fintech and Healthtech Venture Fund

Ping An Insurance recently revealed that it has completed the initial close of Ping An Voyager Partners, LP, which is a growth stage venture fund. Approximately $200 million in commitments have now been made toward the planned $475 million target. The deal it intended for… Read More

Hong Kong May Lead China’s Financial Integration Efforts with Major World Economies and Promote Digital Yuan Adoption

Hong Kong might lead China’s financial integration efforts with other countries and could also help promote the adoption of the digital yuan, according to government officials. But regardless of what Hong Kong actually does to fulfill its role, the special administrative region of the People’s… Read More

Lufax Holding’s Subsidiary LUI HK Secures Three Financial Business Licenses in Hong Kong

Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318; SSE:601318) announced on Tuesday that Hong Kong Securities and Futures Commission (SFC) has granted Lu International (Hong Kong) Limited (LUI HK), a subsidiary of Lufax Holding (“Lufax“), a Type 1 (Dealing in Securities) license. Ping An Insurance… Read More

Hong Kong’s Securities and Futures Commission Updates Digital Asset Regulations

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has released an updated regulatory framework for digital asset fund managers. The SFC posted the guidelines on its official website on October 4. SFC’s 37-page document, titled “Proforma Terms and Conditions for Licensed Corporations which… Read More

Hong Kong Securities and Futures Commission Issues Statement on Securities Token Offerings

The Hong Kong Securities and Futures Commission (SFC) has issued a statement intended to guide issuers, intermediaries and investors engaging with security token offerings (STOs). In short, STO issuers and intermediaries: must be Type 1 licensed or registered to deal securities in Hong Kong or… Read More

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