Are you watching closely western people? China is using Blockchain tech in its newest product. This will enable unlisted companies to be de facto listed.
The playing field is being leveled, and ironically the culprit is eastern market capitalism. Not western incumbent bankers.
Sure , it's china and we all know the state will screw their people somehow. But how different is that from what is being done to us? - Soren K.
ICE: NYSE evaluates to change its listing standards to attract direct listings. DB1: STOXX opens a new office in Hong Kong to further expand into the region. STOXX appointed Jay Lin as Sales Director for Greater China. LSE signed a MoU with the Kenyan Ministry of Energy and Petroleum to promote dual-listings of energy companies in Nairobi and London. LSE CEO, Xavier Rolet, sees systemic risk if OTC clearing moves away from London, according to Bloomberg. HKEx CEO, Charles Li, said the company will publish a consultation on the “third board” that would allow companies to list with dual class shares structures. HKEx is planning to launch a private market for unlisted companies using distributed ledger technology blockchain. Reported by Reuters. HKEX plans to implement Phase 2 of its securities market’s Closing Auction Session (CAS) in 3Q17. B3 will henceforth accredit as Market Maker those Exclusive Funds whose manager and sole shareholder are the same financial institution, even if the activity of administrator is exercised by another institution BVC Chief Corporate Officer, Mauricio Mosseri Estrada, resignation was accepted in BoD session on 24-May. Mr. Mosseri will immediately assume as Sophos Banking Solutions CEO. LSE purchased 90k shares at 3,407p per share, as part of its £200m repurchase program. Total purchases add 1.97m shares up to date. CSRC fined brokers Citic, Haitong and Guosen for thier role in short sales by Citadel during the Chinese market rout of late 2015. SEC Peter appointed Peter Uhlmann as managing executive in the Office of Chairman Jay Clayton. Mr. Uhlmann will advise Chairman Clayton in matters relating to agency administration, operations, and management.
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