Business & Investment

HKEX launches STAGE, its sustainable green exchange

  • STAGE will establish a sustainable financial ecosystem in Asia, increase product access and transparency, and provide resources on sustainable financial information.
  • Introducing an online green and sustainable product and resource repository and additional voluntary reporting on sustainable financial products in Asia
  • Supporting the Hong Kong Government’s commitment to become a Green Finance Hub in the Greater Bay Area and beyond

The Stock Exchange of Hong Kong (HKEX) today announced the official launch of the Sustainable Green Exchange (STAGE), Asia’s first multi-asset sustainable investment product platform, worldwide for sustainable finance. Supports a surge in demand.

At the heart of the STAGE platform is an online product repository. This repository contains 29 sustainable themed products from leading Asian companies. These HKEX listed sustainable products include sustainability, greens and transition bonds from issuers across various sectors such as utilities, transportation, real estate development, financial services and ESG-related exchange trading products. included. Over time, the scope of our product repositories will expand across Hong Kong and beyond, asset classes and industry.

“Sustainable financial opportunities in Asia are expanding rapidly. We need information on sustainable products and ESG data, and we hope STAGE can help meet that demand,” said the HKEX market. Wilfred Yiu, who is responsible, said. “STAGE connects market participants, issuers and investors to provide a one-stop shop for reliable green data and products, with growth potential, transparency and an exciting green and sustainable financial market in Asia. Promote access. ”

STAGE allows issuers to provide investors with more information about sustainable investment products, promote transparency and facilitate access. Publishers included in STAGE are required to provide additional voluntary disclosure of sustainable investment products, such as the use of revenue reports and post-issue annual reports.

This additional information will give investors access to a reliable and easy-to-use platform for the region’s fast-growing “green sector”. At the same time, the data serves as a benchmark for publishers seeking to raise funds for sustainable projects and contributes to the standardization of sustainability indicators.

Globally, over US $ 30 trillion is invested in sustainable financial markets, less than 1 percent of which is in Asia. But with more government and policy support, the case of sustainable financial business and investment in Asia is stronger than ever.

“HKEX is at the forefront of driving a sustainable financial agenda in the region. With the launch of STAGE, green and sustainable investment product awareness, accessibility, data availability and transparency By boosting, we are trying to support the growth of sustainable financial markets in Asia. Ultimately, we aim to guide future capital flows to support the transition to social sustainability. Grace Hoi, Head of Green and Sustainable Finance on the Hong Kong Exchanges and Clearance, said:

STAGE is also an online repository of green and sustainable financial resources, facilitating market education, knowledge sharing and the involvement of stakeholders in sustainable finance. Offering case studies, webcast videos, guidance materials, research treatises and other publications, this extensive and growing resource library allows market participants to sustainably finance, green products, ESG integration and sustainable investment. It is intended to help you better understand about. HKEX works closely with regional, regional and international partners to further expand the content available at STAGE.

For more information on STAGE, please visit: HKEX website..

About HKEX

The Stock Exchange of Hong Kong (HKEX) is one of the world’s leading exchange groups, operating a variety of markets for equities, commodities, fixed income and currencies. HKEX is the world’s leading IPO market, the only securities and derivatives exchange in Hong Kong, and the only operator of the clearinghouse, making it the most vibrant market in Asia for regional and international investors. We are in a unique position to provide access to.

HKEX is also a world leader in metal trading through its wholly owned subsidiaries The London Metal Exchange (LME) and LME Clear Limited... This product franchise has been further enhanced with the launch of the Qianhai Mercantile Exchange (QME) in China in 2018.

HKEX expanded further with the launch of the pioneering Shanghai-Hong Kong Stock Exchange program in 2014, Shenzhen Connect in 2016 and Bond Connect in 2017.

www.hkexgroup.com

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HKEX launches STAGE, its sustainable green exchange

https://www.hkex.com.hk/News/News-Release/2020/201201news?sc_lang=en HKEX launches STAGE, its sustainable green exchange

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