The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
Hong Kong govt pressures banking giants to accept crypto clients: Report
The central bank of Hong Kong has reportedly been pushing major banking institutions including HSBC, Standard Chartered and the Bank of China to start providing services to crypto exchanges.
Scoring Off-Court: Why NBA All-Star Damian Lillard’s First Startup Investment Was This Sneaker Marketplace
Balancing professional basketball and entrepreneurship, Portland Trail Blazers star Damian Lillard says he only puts his money where his values are.
A Hong Kong protest song has started disappearing from Spotify, Apple Music and other streaming platforms
A popular song from Hong Kong’s democracy movement has begun to disappear from several major music streaming sites – including in some locations overseas – days after the Chinese business hub’s local ...
Hong Kong investors could find a haven in low-volatility stocks in the Hang Seng Index family amid difficult year
“Hong Kong stocks will still face increased volatility going forward ... Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering ...
Hong Kong keeps base rate unchanged as HKMA hits pause in spiralling funding costs for the first time since March 2022, warns about uncertain road ahead
Hong Kong’s monetary authority kept its base rate unchanged for the first time since March 2022, following the Federal Reserve’s move to stagger potential further increases after 10 consecutive hikes, ...
The Implications Of The Bank Of China’s Dive Into Digital Assets With An Ethereum-Based Structured Note
Bank of China's recent issuance of $28 million in digital structured notes on Ethereum is significant, but is it actually a shift in attitude by regulators?
HSBC and Standard Chartered pressed by Hong Kong to take on crypto clients
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry ...
HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority (HKMA) last month on why crypto exchanges were not being accepted as clients, according to the report.
Why has Hong Kong launched a new public-private partnership scheme to help tackle the housing crisis?
Housing minister Winnie Ho says developers could help boost construction capacity and efficiency, as well as unleash private land potential New scheme receives cautious welcome, but expert says market ...
Hong Kong trade council cuts export forecast amid headwinds
The Hong Kong Trade and Development Council (HKTDC) slashed its full-year forecast for the city’s export growth to between zero and 2%, down from its earlier estimate of 5%, as heightened world trade ...
From cages to drainpipes: the homes that defy Hong Kong’s housing crisis
Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...
Hong Kong stocks open up as US inflation falls
Hong Kong stocks rose at the opening of business on Wednesday after data showing a sharp drop in US inflation boosted expectations the Federal ...
Dubai pips Hong Kong as the world’s top city for super luxury homes over US$10 million: Knight Frank
Dubai overtook Hong Kong as the world’s top market for ultra-luxury homes in the first quarter as wealthy individuals flock to the Gulf’s financial hub, according to a report from Knight Frank.