Page 6 - Clearing Ltd News Today

Abu Dhabi National Oil Company (ADNOC) said on Friday it would acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea off the coast of Baku, Azerbaijan. The agreement would see Azeri state oil company SOCAR and TotalEnergies (TTEF.PA), which had each previously held a 50% stake in the field, both retaining a 35% share. TotalEnergies announced first gas from Absheron in July. The French energy group confirmed on Friday it and SOCAR had each sold a 15% interest in t...

China and Saudi Arabia's stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other's bourses, three sources familiar with the matter told Reuters, as the countries look to deepen financial ties amid warming diplomatic relations. The talks are in the early stages, said the sources, and could mark a major first step by Beijing and Riyadh towards broadening cooperation beyond energy, security, and sensitive technology sectors.

China and Saudi Arabias stock exchanges are in talks to allow exchange-traded funds to list on each others bourses, three sources familiar with the matter said, as the countries look to deepen...

China and Saudi Arabia's stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other's bourses, three sources familiar with the matter said, as the countries look to deepen financial ties amid warming diplomatic relations. The talks are in the early stages, said the sources, and could mark a major first step by Beijing and Riyadh towards broadening cooperation beyond energy, security, and sensitive technology sectors. The Shenzhen Stock Exchange, one of t...

HONG KONG : China and Saudi Arabia's stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other's bourses, three sources familiar with the matter said, as the countries look to deepen financial ties amid warming diplomatic relations.The talks are in the early stages, said the

HONG KONG: Hong Kong stock exchange has removed a China-risk section for mainland-incorporated companies in its listing application rules with effect from Tuesday (Aug 1), which the bourse said was to align disclosure requirements for IPO-aspirants from other countries and the scrutiny level remains the same.

HONG KONG : Hong Kong's stock exchange will no longer require companies to spell out China-related business risks in listing applications from Tuesday, in a move that aligns the city more closely with disclosure changes ordered by Beijing.In its latest revision to listing rules, the bourse repealed a whol

A look at the past month’s people moves within the tech and data space, including Benze Lam (pictured), who becomes Northern Trust’s Hong Kong head.

The existing legal framework in the country does not permit the direct listing of equity shares of companies incorporated in India on foreign stock exchanges.

The government first announced the foreign listing plan in 2020 as part of a pandemic relief package, and the move has been finalized now.