STAGE will accommodate an archive of information on sustainability, green and social bonds and ESG-related Exchange Traded Products listed on HKEX. Issuers with products in line with the international standards or principles and providing post-issuance reports annually can join STAGE without fees and display their products on the platform. The online archive will be launched later this year.
HKEX will keep developing the platform in line with the evolving market landscape. Over time STAGE can expand its coverage with more asset classes and product types, including derivative products linked to relevant sustainability or environmental, social and governance indices, as well as other sustainable and green financial products.
The region has seen significant growth of sustainable and green investment funding in recent years. Green bond issuances in Asia-Pacific increased to record levels in 2019, reaching US$18.89 billion, Mainland China’s green bond market alone accounted for US$8.13 billion. Hong Kong played an important part in this development. The increasing amount of green bonds arranged and issued in the local market hit US$26 billion by the end of 2019.
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