Shanghai

The China Foreign Exchange Trading System and Clearstream have entered into an infrastructure cooperation to support triparty repo using ESG-compliant bonds

Foreign investors are now able to engage in securities financing in Mainland China under the newly-reformed QFII scheme, with HSBC and Citi among the first custodians to facilitate trades

Citibank is among the first custodians to complete a securities lending transaction in the China A-share market under the reformed Qualified Foreign Institutional Investors scheme which went live on 1 November

The Global Association of Central Counterparties has appointed Teo Floor as its new CEO, as Marcus Zickwolff steps down

Huatai Securities has been named as the first user of Shanghai-London Stock Connect

State Street Global Advisors has appointed Alex Sun as managing director and head of China

The Shanghai Stock Exchange has issued and implemented guidelines for the services of a bond collateral disposal platform in order to improve the mechanism for bond collateral disposal

To further maintain the price stability at the closing market stage, the SSE has adjusted the market-closing trading mechanism to adopt the call for the 3-minute market closing