ACN Newswire
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GF Holdings (Hong Kong) Awarded “Structured Products (China Greater Bay Area)” and “Structured Products Provider of the Year (China Greater Bay Area)” by Bloomberg Businessweek

indie
4 minutes

HONG KONG, Aug 13, 2021 - (ACN Newswire via SEAPRWire.com) - Recently, Global Markets - GF Holdings (Hong Kong) Corporation Limited won two "Excellence Awards", namely "Structured Products (China Greater Bay Area ("CGBA")" and "Structured Products Provider of the Year (CGBA)", in "Financial Institution Awards 2021 (Securities Sector)" organized by Bloomberg Businessweek for its outstanding cross-border structured product capabilities and industry Influence. Bloomberg Businessweek has held the annual "Financial Institution Awards" for seven consecutive years, recognizing and awarding financial institutions with excellent market performances, growths, development and business strategy.Global Markets - GF Hong Kong, which has won the excellence awards, is committed to building a professional platform for cross-border financial products focusing on the Greater Bay Area. It has launched a series of ground-breaking diversified cross-border structured products, leading the product innovation in the market. With the strengthening of connectivity in the CGBA, the market witnessed surging demand of Hong Kong and Mainland residents and institutions to make cross-border investment, and was thu...

SeaPRwire
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Goldman, Morgan Stanley to delist some products in Hong Kong

elean
1 minute

HONG KONG (BLOOMBERG)- Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co will delist some Hong Kong-listed structured products as a result of US sanctions, according to filings from the Hong Kong stock exchange. A total of 500 structured products will be affected. The planned delisting of these products won't hurt the market and there will be sufficient investment choices to meet demand, Hong Kong Exchanges and Clearing said in a statement Sunday (Jan 10). "HKEX is working closely with the relevant issuers to ensure orderly delisting, and facilitate buyback arrangements being arranged by the issuers," the exchange said, adding that it has the world's largest market with more than 12,000 listed products. "We do not believe this will have a material adverse impact on Hong Kong's structured products market." The exchange said it remains competitive, citing its pipeline for initial stock offerings, and that it will continue to monitor these developments.