Hong Kong Exchanges and Clearing Limited (HKEX) [0388:HK] founded a new sub-committee named Listing Operation Governance Committee on June 16 to enhance its board’s supervision over the operation and management of HKEX's Listing Division, as reported by Caixin on the same day. The new committee...
Shanghai Environment and Energy Exchange (SEEE), the current exchange and operating body for China’s soon-to-open national carbon market, issued an announcement on June 22 regarding the rules of the national emission trading scheme (ETS), as reported by Caixin later that day. The announcement stipulated that...
Volvo Cars, owned by China’s Geely Holding Group, will establish a joint venture (JV) with Swedish battery maker Northvolt to develop electric vehicle (EV) batteries, as reported by Yahoo Finance on June 21. The 50-50 JV will open a research and development (R&D) center in...
China’s Ministry of Industry and Information Technology (MIIT) is publicly soliciting opinions on the revised national standard of the technologies for pure electric passenger vehicles until August 16, as reported by Caixin on June 17. Under this recommended standard, the ministry defined mini low-speed electric...
Sichuan Provincial Development and Reform Commission and Sichuan Energy Bureau issued a joint notice demanding the shutdown of reported cryptocurrency mining pools by June 20, and a province-wide investigation for suspicious mining operations by June 25, as reported by Caixin on June 18. The Sichuan...
Guangdong’s pilot carbon emission trading market plans to further incorporate five new industries, including construction, transportation, data centers, ceramics, and textile, as reported by Caixin on June 17. At present, the local market regulates six industries: steel, petrochemicals, electric power, cement, aviation, and paper, the...
SK Group, South Korea’s third-biggest conglomerate and one of Asia’s top producers of chemicals and energy products, is recently accused of greenwashing an LNG project in the Barossa-Caldita gas field off the Australian coast, as reported by Financial Times on June 17. While SK claimed...
Photon Studio, a mobile gaming studio of Tencent's [0700:HK] Interactive Entertainment Group (IEG), has begun a pilot to enforce a 6PM off-time for employees on Wednesdays, as reported by Sina on June 11. According to the overtime management system notice, beginning on June 14, the...
Shenzhen Judicial Bureau on June 10 issued the draft of the Interim Regulations on the Administration of Shenzhen Carbon Emission Right Trading for consultation, as reported by Caixin on June 15. The draft stated that the city would set up a fund to manage the...
The 13th Lujiazui Forum was held in Shanghai from June 10 through June 11 with the theme of China’s Financial Reform and Opening-Up amid Great Changes of the World, as reported by Sina on June 11. Green finance emerged as one of the key topics...
The ministers of the Group of Seven had a meeting in the UK before the G7 Summit and agreed on a proposal of reforming the international tax system, as reported by Financial Times on June 6. According to the proposal, it set a global minimum...
Huawei officially opened its seventh and the world's largest cybersecurity and transparency center in Dongguan, Guangdong, as reported by Caixin on June 10. The center serves three functions: display and experience, communication and innovation, as well as security verification services. Huawei will open those services...
China Development Bank (CDB) will issue special loans equivalent of RMB500bn, including foreign exchange, to accelerate the energy sector’s transition to emission peak and carbon neutrality during the 14th Five-Year Plan (FYP) period, as reported by The Paper on June 9. Specifically, CDB will issue...
9th June 2021, SINGAPORE & SANTA MONICA, U.S. – Seneca ESG, a software provider specializing in building solutions for both investment management firms and corporates, has announced a partnership today with OWL analytics to deliver workflow automation tools incorporating OWL’s Consensus Scores and analytics to...
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