short-selling to be curbed

Article Abstract:

The Stock Exchange of Hong Kong (SEHK) is considering to set up restrictions on short-selling of Hong Kong's shares. There are several options including totally ban on short-selling share activities in a down market, to limit the percentage on shares selling out on an individual issue. Previously, the Hong Kong Futures Exchange had launched new rules on trading HSI futures such as 1) A 150% margin rate for holding more than 100,000 futures positions by Hong Kong Future Exchange members 2) Tightening reporting requirements for the open futures positions to 250 contracts from previous of 500. *

Comment:

Is considering to set up restrictions on short-selling of Hong Kong's shares

Securities and Commodity Exchanges, Strategy & planning, Securities Exchanges, Exchanges, Stock Exchange of Hong Kong Ltd.

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HACTL may sue authority for breach of contract

Article Abstract:

The Commission of Injury on the new airport heard from the Hong Kong Air Cargo Terminal Ltd that it may sue the Airport Authority for damages. The HACTL sent a letter to the Airport Authority in August, saying the authority failed to carry proper trial operation before the new airport opened. And it has rights to claim damages under the agreement signed between the two parties.

Comment:

May sue Airport Authority for damages, saying Authority failed to carry proper trial operation before new airport opened

Legal issues & crime, Air Terminal Services, Other Airport Operations, Airport terminal services, Hong Kong Air Cargo Terminals Ltd.

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