Hong Kong’s Securities and Futures Commission (SFC) is anxious to implement formal cryptocurrency regulations, the outgoing chairman Carlson Tong Ka-shing told the South China Morning Post (SCMP), a H... ( read original story ...)
Hong Kong Via Poland and Puerto Rico: Bitfinex Hops to Another Bank
Bitfinex, cryptocurrency exchange and no stranger to headlines, has switched banks again. According to The Block, the exchange is now working through a private account at the Hong Kong Bank of Communi... ( read original story ...)
Will Tesla lose its cool in Hong Kong? Axa triples insurance premiums
When Jardine Matheson’s former Hong Kong executive Geoffrey Jones was shopping for a new car two years ago, a special package by Axa on Tesla’s four-door sedan caught his eye. The French insurer offer... ( read original story ...)
BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) Shorts Decreased by 0.74% After Short Covering
The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 0.74% in short interest. BNKHF’s total short interest was 3.52M shares in October as published by FINRA. ... ( read original story ...)
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
Crypto exchange Bitfinex has reportedly moved its banking business to Hong Kong through a private account at Bank of Communications. Bitfinex has reportedly shifted its banking business to Hong ... ( read original story ...)
9 Hong Kong billionaires who made their money in real estate
When anyone thinks of Hong Kong, the first thing that probably comes to mind is the sky-high property prices. Many tycoons in the city have built their fortune in real estate. Let’s take a look at the ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower
Shares in Hong Kong rebounded on Friday after a global equity market rout saw the Hang Seng index fall 3.5 percent a day earlier, but ongoing concerns about the prospects for global trade and economic ... ( read original story ...)
Hong Kong MTR signal fault finally fixed after six hours of commuter chaos
More than six hours after a signalling fault on the train network sent Hong Kong into traffic chaos, the city’s rail operator announced that a temporary fix was in place and its four affected lines ha... ( read original story ...)
Alibaba wants to diversify Hong Kong and believes startups are the key
Alibaba chief Jack Ma used HK$1 billion of his company's money to stand up a not-for-profit foundation in early 2015, aimed at boosting entrepreneurship among Hong Kong's younger population. Enterpris... ( read original story ...)
Foreign companies in Hong Kong warn on free speech crackdown
HONG KONG -- Hong Kong's international business community is warning that authorities recent moves to crack down on free speech could hamper the city's competitiveness. But many executives ... ( read original story ...)
Emerging markets can still drive global growth
New McKinsey Global Institute research explores how nearly one ... product per capita growth in 71 emerging economies and found that seven— China, Hong Kong, Indonesia, Malaysia, Singapore, South Kore... ( read original story ...)
Mortgage corp eyes infrastructure
Government-owned Hong Kong Mortgage Corporation is considering expanding its business to securitize infrastructure loans, to support the liquidity of different Belt and Road projects, as well as bring ... ( read original story ...)
HSBC appoints new president and CEO for PHL
Prior to this, he also worked in several roles for HSBC in countries like New Zealand, United Kingdom and Hong Kong. Mr. FitzGerald was HSBC’s regional chief operating officer in the United Arab Emira... ( read original story ...)
This Hong Kong Food Startup Hires the Elderly to Package Its Organic Frozen Dinners
Like many large cities around the world, Hong Kong has an age problem: According to a 2016 report by the city’s Census and Statistics Department, 15.9 percent of the city’s population of 7.4 million a... ( read original story ...)