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Month: November 2023

Posted on 03/11/2023

Strict financial control by Beijing spells more opportunities for Hong Kong

As crucial meeting makes it clear China's regulatory regime will only become tighter, the city stands to feel the benefit as being a bridge with the West China's central financial work conference ...

Posted on 03/11/2023

Has Beijing secured Hong Kong’s status as an international finance hub?

Beijing’s recent pledge to improve Hong Kong’s status as an international financial centre – a show of commitment to the city made at a time when questions about its purpose grow more acute – has ...

Posted on 03/11/2023

$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express

Visa completes e-HKD CBDC trial with HSBC and Hang Seng Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful e-HKD phase 1 results in collaboration with Visa, HSBC, and Hang Seng Bank. According to the ...

Posted on 03/11/2023

HKTDC Hong Kong International Optical Fair Eyes On Smart and Sustainable Eyewear

Sustainable Eyewear is Still in Insight Embracing eco-friendly production and design, sustainable eyewear has become a popular choice for the modern wearer who values protecting t

Posted on 03/11/2023

Hong Kong’s third richest family set to complete NWS takeover deal after New World Development shareholders approve

Buyout by family led by billionaire Henry Cheng will see New World Development receive HK$21.75 billion (US$2.8 billion) to ease its debt burden and pay a special dividend of about HK$4 billion.

Posted on 03/11/2023

Cathay Pacific increases Sydney from Hong Kong to four flights per day

Cathay Pacific has boosted boosted services between Sydney and Hong Kong, upping the flight schedule to four times per day for the first time since early 2020.

Posted on 03/11/2023

If Only Digital Cash Worked In Hong Kong Taxis

Persuading cabbies who refuse to take anything but physical bills is the most important use case for the e-HKD.

Posted on 03/11/2023

HKEX to launch retail fund platform as Hong Kong seeks to burnish status as wealth management hub

Moves aims to make it easier for asset management companies and their sales partners to sell fund products to clients, attracting more companies into the market and broadening choices for investors.

Posted on 03/11/2023

Hong Kong set to co-host Asia’s first ‘Gay Games,’ despite some opposition

Hong Kong is set to co-host the first Gay Games in Asia with about ... Michael Dorgan is a writer for Fox News Digital and Fox Business. You can send tips to michael.dorgan@fox.com and follow him on ...

Posted on 03/11/2023

InvestHK helps Happy Lamb Hot Pot’s expansion plans as Hong Kong restaurants whet appetites of diners

Success of its outlets in Causeway Bay and Mong Kong – which cater to more than 300,000 customers a year – serves as ‘benchmark’ for growth in city and beyond.

Posted on 03/11/2023

Asian LGBTQ+ Rights: Hong Kong gears up for first Gay Games amid backlash

Hong Kong does not permit same-sex marriage and there is no law against discrimination based on sexual orientation or gender identity ...

Posted on 03/11/2023

Sanctioned Hong Kong leader John Lee did get a ‘personal invite’ to Apec but will his absence spare city from cross hairs of US-China tensions?

Exco convenor Regina Ip says arrangement ensures Hong Kong has a seat at the leaders’ meeting without drawing reference again to all the stigma attached to the sanctions.

Posted on 03/11/2023

Hong Kong gears up for first Gay Games in Asia despite pushback

The Gay Games will kick off in Hong Kong on Friday, the first time the international sporting event is held in Asia, despite some local opposition and fears over political freedoms.Organisers say the Gay Games are "strictly non-partisan and non-political,

Posted on 02/11/2023

HSBC, major lenders keep prime rates unchanged after HKMA maintains base rate at 5.75%, giving Hong Kong businesses, homeowners relief

The latest decision comes as a much-needed relief for Hong Kong’s businesses and mortgage borrowers. Hong Kong stocks jump in reaction, with most lenders logging big gains.

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