Taiwan Stock Exchange outlines corporate governance improvement to Hong Kong investors (MondoVisione: Nov 24, 2016)
Overseas investors updated on progress of corporate governance reforms and other improvements to the Taiwan market, including recent market reforms and growing product diversity.
China pins hopes on taxation for environmental protection (China Daily: Dec 9, 2016)
The legislation of a landmark environmental protection tax, which comes into effect in January 2018, will tax factories, power plants and other pollution emitters for releasing contaminants such as sulphur dioxide, a key contributor to the smog that has choked much of the country.
China’s IPO-hungry companies go where the money isn’t (WSJ: Dec 27, 2016)
After the introduction of a new rule to fast-track IPOs in poor parts of the country, some applications are beginning to speed through. A number of Chinese firms are moving their legal headquarters to take advantage of the rule.
New requirements on disclosure of poverty alleviation and environmental information by stock exchange (MondoVisione: Jan 4, 2017)
Shenzhen Stock Exchange (SZSE) has revised the Memoranda on Matters Regarding Periodic Reports Disclosure, which will enhance the efficiency of information disclosure related to periodic reports.
Three of China's richest entrepreneurs back $1 billion New-Energy Fund (Caixin: Dec 13, 2016)
Three Chinese billionaires were among 21 global business leaders to launch a $1 billion fund in support of clean-energy development, representing a new generation of philanthropy from China's newly wealthy.
ADB loan to fight air pollution in greater Beijing (China Daily: Dec 14, 2016)
The Asian Development Bank (ADB) has approved a loan of $499.6 million for a green financing platform targeting the air pollution-heavy greater Beijing area.
NDB’s first loan project unveils (Shanghai Daily: Dec 21, 2016)
The New Development Bank (NDB) signed 525 million yuan (US$75.53 million) of sovereign loan to a solar power project in Shanghai, marking BRICS bank's first loan project in China.
China issued the first social impact bond (Top News: Jan 3, 2017)
The first social impact bond - poverty alleviation social impact bond for Yinan County, Shandong Province, was registered in the National Association of Financial Market Institutional Investors.
After deadly construction accident in China, how high will the blame reach? (SCMP: Nov 26, 2016)
The investigation of a construction accident that caused 74 deaths in the Chinese province of Jiangxi is set to end the political careers of many local officials, but the question remains of how high the blame should go.
Investigation uncovers squalid conditions in Chinese toy sweatshops (news.com.au: Dec 12, 2016)
China Labour Watch investigated four factories in southern China’s Guangdong Province, where people work 11 hours a day, six and sometimes seven days a week, often without a break, for minimum wage.
A China bothered by pollution grabs global green bond lead (Bloomberg: Nov 3, 2016)
China accounted for $21.9 billion of the $61.1 billion in global green bond sales in 2016, whose proceeds are earmarked for environmental projects.
Bank of China's $500M LSE 'green' bond listing cements exchange's position (Forbes: Nov 11, 2016)
With the London Stock Exchange (LSE) welcoming the listing of the first ever Chinese Green Covered Bond from the Bank of China, which raises $500m from international investors split between Asia and Europe, it is being touted as creating a “new and innovative asset class” for global investors.
Moody's assigns Green Bond Assessment of GB1 to the Bank of Communications Co., Ltd.’s green bond offering (Moody’s: Nov 22, 2016)
Moody's Investors Service has assigned a Green Bond Assessment (GBA) of GB1 to the Bank of Communications Co., Ltd green bonds in the form of 3-year (RMB10 billion) and 5-year (RMB20 billion) maturities. Its intended use of the proceeds is to finance and refinance green projects.
China Eximbank issues CNY 1bn of green bonds (Renewables: Dec 21, 2016)
The Export–Import Bank of China, also known as China Exim Bank, has issued CNY 1 billion (USD 144m/EUR 138m) worth of green bonds.
Global green bond market tipped to reach US$100bn in 2017, with China seen maintaining its lead (SCMP: Dec 23, 2016)
Global issuance of green bonds could expand more than 20 per cent to US$100 billion in 2017 after almost doubling this year, with China expected to maintain its global lead in the sector, according to deal arrangers.
China’s corporate governance standards fall (Financial Times: Nov 2, 2016)
China’s attempts to open up its equity markets to foreign investors could be undermined by the country’s deteriorating standards of corporate governance.
Climate change a Chinese hoax? Beijing gives Donald Trump a lesson in history (The Guardian: Nov 17, 2016)
China points out to global warming denier and president-elect that Republicans under Reagan and Bush actually put global warming on international agenda.
Too few of Hong Kong’s listed companies treat sustainability reporting seriously (SCMP: Dec 4, 2016)
Hong Kong-listed firms, which will be subject to more stringent reporting requirement on their ESG performance in 2017, should treat the exercise as part of their long term business strategy rather than a once-a-year box-ticking exercise.
China set for top spot in carbon trading (Climate News Network: Dec 4, 2016)
Chinese officials say they will have the world’s biggest carbon trading scheme up and running throughout the country by the middle of 2017.