Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked after a joint effort of the police and internet providers.
Moody’s cuts China’s credit outlook
The rating agency is concerned about the country's rising debt
Moody’s warns it may downgrade China
Moody’s Investors Service Ratings agency Moody’s on Tuesday cut its outlook on China’s government credit ratings to negative from stable, citing lower medium-term economic growth and ongoing downsizing of the property sector.
Hong Kong regulator blocks access to two crypto entities, warning of fraud
The Securities and Futures Commission of Hong Kong targeted HongKongDAO and BitCuped in a Dec. 6 investor warning.
Hong Kong hits back at ‘unfounded comments’ after ratings agency Moody’s downgrades credit outlook to negative over closer ties with mainland China
Government says its disagrees with changes based on Hong Kong's deepening ties with the mainland and that national security law put an end to 2019 chaos Downgrade might not deter investors from coming ...
The 24th Hong Kong Forum concludes successfully
The 24th Hong Kong Forum, organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), concluded today. The two-day event ...
Hong Kong regains appeal among global financial talent as opportunities open up in fintech, ESG and markets: HKIMR report
Hong Kong has seen an influx of professionals in the financial sector since the borders reopened, according to a report released on Wednesday, but must continue to develop its fintech ecosystem, and ...
Hong Kong’s Securities and Futures Commission blacklists, blocks access to 2 cryptocurrency websites suspected of scamming investors
Websites HongKongDAO and BitCuped placed on alert list after they were suspected of spreading false information, SFC says HongKongDAO sold a digital token named 'HKD' and falsely claimed to have ...
Hong Kong Optimistic About Joining RCEP Trade Deal
Hong Kong's robust trade relations with ASEAN is expected to increase its chances of being accepted into the RCEP.
Hong Kong Takes On Rich-Gone-Rogue in Illegal Building Crackdown
In a September storm that unleashed Hong Kong’s heaviest rainfall in more than a century, tons of dirt, rocks and debris tumbled into the sea below Redhill Peninsula, a three-decade-old development of ...
Moody’s Changes Hong Kong’s Outlook to Negative From Stable
(Reuters) - Moody's on Wednesday downgraded its outlook on Hong Kong to negative from stable, just a day after Moody's cut China's credit outlook. The ratings agency has also changed the outlook on ...
Hong Kong gets a head-start in becoming world’s top family office hub
In its latest push to turn Hong Kong into a top destination for wealth family offices, supervised by the Hong Kong Government, FSDC has recently set up the Hong Kong Academy for Wealth Legacy (HKAWL), ...
How a Hong Kong-grown company utilises banking services with global reach to expand overseas
With the help of HSBC’s global network and international business services, airport hospitality provider Plaza Premium Group expanded to more than 250 outlets worldwide in less than three years.
WuXi, Meituan, Swire and Sands China get US$2.6 billion stock-buying support in Hong Kong to stem market rout
WuXi Biologics and Meituan are among four companies getting a US$2.6 billion stock-buying support following a punishing two weeks as the Hang Seng Index slides to a 13-month low.