The FT viewed an April letter sent to banks, including Bank of China, HSBC, and Standard Chartered, in which the HKMA said due diligence should not “create undue burden” to accepting crypto exchanges ...
Hong Kong central bank leaves interest rates unchanged, tracking Fed
The Hong Kong Monetary Authority (HKMA) on Thursday left its base interest rate charged through its overnight discount window unchanged at 5.50 per cent, tracking action by the U.S. Federal Reserve.Th ...
Investors need more details on Hong Kong’s mega technology-park project in Northern Metropolis, Colliers says
Without solid plans, investors are wary of taking first steps even though they are generally supportive of the ambitious 627-hectare San Tin Technopole project in the northern New Territories, ...
Hong Kong’s housing crisis: what you need to know about a new public-private partnership to tackle the problem
Housing minister Winnie Ho says developers could help boost construction capacity and efficiency, as well as unleash private land potential.
Hong Kong reiterates banks should support licensed crypto exchanges
Hong Kong's banking regulator said on Thursday it had, in April, asked lenders operating in the region to try and meet the business needs of licensed crypto exchanges, responding to a report saying ...
Hong Kong jumps over 2% as Asia investors digest the Fed’s hawkish pause in rate hikes
Hong Kong’s Hang Seng index rebounded and climbed over 2% powered by health care, consumer cyclicals and tech stocks. Mainland Chinese markets also rose, with the Shanghai Composite up 0.74% to end at 3,252.98, and the Shenzhen Component up by 1.81% to close at 11,182,94.
Hong Kong Put Pressure on Three Major Banks to Take On Crypto Exchanges as Clients: Report
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 ...