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HKEX to launch sustainable finance exchange Stage

Monday 22 June 2020 14:39 CET | News

Hong Kong Exchanges and Clearing Limited (HKEX) has made plans to release a new sustainable exchange called Stage.

Stage promises a ‘comprehensive database’ of sustainable and green investment options on Hong Kong-based securities markets. The exchange is also designed to act as an ‘education and advocacy platform’ to increase knowledge and engagement in sustainable finance, according to HKEX staff.

Sustainable finance refers to an integration with environmental, social, and governance (ESG) criteria. Sustainable finance initiatives focus on highlighting and investing in projects and companies that are societally or environmentally friendly. These can include sustainable funds, green bonds, impact investing, microfinance, and sustainable projects.

At least USD 30.7 trillion of funds are held in sustainable or green investments, according to 2019 data from the Global Sustainable Investment Alliance as cited by fintechfutures.com.


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Keywords: HKEX, Stage, sustainable finance exchange, Hong Kong, sustainable investment, ESG, sustainable funds, green bonds, impact investing, microfinance
Categories: Banking & Fintech | Payments General
Countries: Hong Kong
This article is part of category

Banking & Fintech