Treasury chief Christopher Hui also says city opted against separate regulatory authority for digital assets to support ‘convergence’.
Banking on Hong Kong
China’s big state banks ARE eager to flex their muscles on the global stage, as Industrial and Commercial Bank of China demonstrated last year with its $5.6 billion purchase of a 20 percent stake in ...
Hong Kong’s northern New Territories hit by heavy rain and flooding
Ta Kwu Ling among hardest‑hit areas, while minibus in Sheung Shui stranded in half a metre of floodwater Hong Kong's northern districts were drenched in a downpour on Wednesday night when the ...
Former Hong Kong top scorer Mung Chiang to lead prestigious Northwestern University
Mung Chiang moved to Hong Kong from Tianjin at age 11 and attended Queen's College before pursuing higher education at Stanford University in the US A former top scorer in Hong Kong's public ...
Hong Kong meeting advances landmark equine health center proposal
A major step forward for the safe international movement of competition horses in the Asia-Pacific region was announced in Hong Kong in April, with a plan to establish the first World Organization for ...
£7m Hong Kong order for Wrightbus – but vehicles will be made in Malaysia
Jo Bamford: 'Using our Malaysia facility frees capacity in Ballymena as global demand for zero-emission transport continues to grow' ...
Analysis: Hong Kong emerges as key hub for Iran to evade sanctions
Hong Kong plays a key role in Iran’s network for evading international sanctions, according to a new report by the Committee for Freedom in Hong Kong Foundation. Lily LaMattina speaks to the group's ...
Hong Kong’s top court reviews law criminalising calls to boycott elections
Appellant warns 'extraordinary' ban blocks informed decisions before voting, while government argues it lies beyond constitutional review Hong Kong's top court has been asked to abolish an ...
Morgan Stanley gives Hong Kong bankers restricted devices for China travel
Five people familiar with the matter told the FT the devices have “limited functionality”, with access only to “work emails and online meeting apps”.
HSBC’s CEO says AI will both create and destroy financial industry jobs
Georges Elhedery says HSBC is focused on embracing future challenges, while analysts warn of 7,000 job losses at Standard Chartered by 2030 HSBC's top boss says artificial intelligence will both ...
Hong Kong police officer convicted of accepting $140,000 in bribes to drop criminal case
A police chief inspector in Hong Kong admitted to taking HK$1.1 million ($140,000) in bribes and gifts to shut down a criminal investigation and leak confidential case details.
Hong Kong targets July launch for new gold-clearing system
The government-owned mechanism will mirror the financial infrastructure used in London Read more at The Business Times.
Hong Kong adds 820 extra flights to ease disruption from Middle East war
Transport chief Mable Chan also says about 4,100 flight adjustment applications have been expedited since early March.
Hong Kong tycoon Li Ka-shing to subsidise liver cancer surgery for 200 patients
"Love Can Help" scheme through billionaire's foundation will subsidise histotripsy treatment, cutting costs from about HK$260,000 to HK$50,000 Hong Kong tycoon Li Ka-shing's charity will expand ...