Australia's central bank will release the minutes for its July meeting Tuesday, which will detail its rationale for holding rates and its future outlook.
Hong Kong-based global banks reject crypto transactions citing money laundering concerns
The China crypto narrative recently slowed down when banks raised concerns about the anti-money laundering procedures. Hong Kong’s government has been inviting crypto firms to China’s SAR, however, ...
‘Glory to Hong Kong’ ban will not impact journalistic work if injunction passes
Journalists will be allowed to report on matters related to 2019 protest anthem Glory to Hong Kong if the government’s bid to ban unlawful acts relating to the song is successful, according to the ...
Hong Kong e-sports player suspended from competing for 3 years over ‘sensitive wording’ in ID name
A professional e-sports player has been suspended from competing for three years after allegedly using “sensitive wording“ in his gaming account name, according the Esports Association of Hong Kong, ...
China’s digital currency: Bank of China helps mainland tourists spend e-CNY in Hong Kong at select retailers
Bank of China Hong Kong kicked off a new e-CNY trial with 200 merchants on Tuesday with a new shopping festival for people travelling from the mainland It is the bank's third e-CNY trial in the city ...
Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs
China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Journalists to be exempt from ‘Glory to Hong Kong’ ban if government wins legal bid
Journalists will be allowed to report on, refer to or make observations about song in course of news gathering, interviews and commentaries.
Planned Hong Kong tech hub may apply ‘innovative’ immigration arrangements to facilitate cross-border travel
Hong Kong’s San Tin Technopole, an ambitious plan to create a huge technology hub near Hong Kong’s border with mainland China, may adopt “innovative immigration clearance arrangements” to allow people ...
NWD-backed HK Startup Rice Robotics Gets US$7M in Pre-Series A Funding
Rice Robotics, a Hong Kong-based start-up backed by NEW WORLD DEV (00017.HK), successfully secured US$7 million in pre-Series A funding, a portion of which has been allocated to establish a production ...
China AI Chip Firm Targeting Nvidia Seeks Hong Kong IPO in 2023
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter, aiming to ...
Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Brace for more mortgage pain as HSBC, Hong Kong peers seen lifting prime rates with the Fed odds-on to tighten policy again
The upshot is that it could help stem capital flight to higher-yielding US dollar assets. HSBC, Standard Chartered, Bank of China (Hong Kong) (BOCHK) and their peers are likely to bump up their prime ...
Hang Seng expands remote account opening service to HK companies with mainland shareholders
Hang Seng Bank is now offering commercial banking e-Sign Service for mainland customers, becoming the first bank in Hong Kong to offer this service. It is also expanding the scope of its business ...
HSB to Offer Commercial Banking e-Sign Service for Mainland Customers
HANG SENG BANK (00011.HK) expressed that, to assist companies that wish to expand their business in Hong Kong, Hang Seng is the first bank in the city to provide mainland customers with a Commercial ...