CLP will source more nuclear energy from China’s Guangdong province to feed its power grid and sees business opportunities in decarbonisation as it phases out coal-based assets.
Hong Kong launches project to test WCBDC and tokenized deposits
Hong Kong is accelerating its exploration of digital currencies and tokenization with the announcement of “Project Ensemble” by the Hong Kong Monetary Authority (HKMA). This initiative aims to assess ...
Hong Kong police arrest 3 suspected of forgery and theft after seizing 28 stolen identity documents and bank cards
Two men and one woman arrested after force raided a flat in Hoi Lai Estate of Cheung Sha Wan and seized 28 stolen identity documents and bank cards.
Hong Kong central bank unveils Project Ensemble for tokenization
The Hong Kong Monetary Authority launches a wholesale CBDC project to support tokenized asset transactions and financial innovation.
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.
Signed documents without knowing illegality, Truong My Lan’s Hong Kong tycoon husband claims
Eric Chu, husband of Van Thinh Phat chairwoman Truong My Lan, said he only signed documents to help Saigon Commercial Bank overcome difficulties and did not know he was violating the law by doing ...
Zhu Su pumps Milady to $19K, Alchemy Pay crypto bank, HK tokens: Asia Express
Zhu Su helps pump Milady floor price, Singapore's Alchemy Pay to open crypto bank, Hong Kong to tokenize financial services: Asia Express.
JPM Outsources HK, TW Custody Biz to HSBC, STANCHART Respectively
According to Reuters reports, a JPMorgan Chase (JPM.US) spokesman said the company has outsourced the operation of its custody business in Hong Kong and Taiwan to HSBC HOLDINGS (00... JPMorgan is the ...
Hong Kong government drafts new controversial security law
Hong Kong’s government has unveiled new security laws that critics and foreign governments warn could deepen ongoing crackdowns in the city. CNN’s Kristie Lu Stout reports.
Unlike Singapore, Hong Kong would not be able to pay for Taylor Swift concerts with taxpayer funds without disclosing amount: ex-city leader CY Leung
I don’t think the Hong Kong government can get away with paying taxpayers’ money, whatever the cause is, without telling people how much,’ ex-city leader CY Leung says.
Security proposal raises concerns in Hong Kong
HONG KONG -- Hong Kong unveiled a proposed law that threatens life imprisonment for residents who "endanger national security" on Friday, deepening worries about erosion of the city's freedoms four ...
A cleaner finds 2 dead babies in glass bottles in a vacated Hong Kong apartment. Police arrest 2
HONG KONG (AP) — A cleaning person found two dead baby boys in glass bottles in the living room of a vacated apartment in Hong Kong, police said Saturday. A man and a woman, believed to be the parents ...
Hong Kong authorities urged to do more to explain proposed domestic security law, tackle concerns among international community
While acknowledging need to enact new legislation as a constitutional obligation, some experts also raised concerns about potential abuse of power.
Why Hong Kong’s property slump may be best time to focus on public housing
With one in two Hongkongers locked out of the property market despite falling prices, it's time to move towards the Singapore model of providing public housing for more people, not only the poor We ...