The Shanghai Gold Exchange has made a strategic move to bolster the Chinese mainland's role in the global bullion trade by launching two new gold contracts and opening an offshore certified bullion ...
HSBC Asia Chairman’s Son Buys Hong Kong Homes for $29 Million
The son of an HSBC Holdings Plc leader has spent at least HK$231 million ($29 million) buying luxury properties in Hong Kong this year, as the city’s home prices hover at an eight-year low.
BOC-NAIA reminds passengers about bringing excessive money
THE Bureau of Customs-NAIA headed by District Collector Atty. Yasmin Mapa is reminding air travelers to know the regulations about bringing excessive money out of the country. The reminder came after ...
Hong Kong Launches Digital Assets Policy 2.0 to Boost Tokenization
Hong Kong launches Digital Assets Policy 2.0 to expand tokenization, enforce stablecoin licensing, and foster blockchain innovation.
Person connected to HSBC’s Wong buys luxury flat in Hong Kong for US$15.9 million
A person connected to veteran HSBC banker Peter Wong Tung-shun bought a luxury unit in Hong Kong’s Southern district for HK$125 million (US$15.9 million), as sentiment in the city’s property market ...
Shanghai Gold Exchange launches first offshore vault in Hong Kong
The Shanghai Gold Exchange opened its first offshore warehouse in Hong Kong on Thursday, a move that is likely to bolster the international trading of its contracts. The vault witnessed several ...
Hong Kong’s SFC updates digital asset development framework
The Hong Kong government has released its Policy Statement 2.0 on the Development of Digital Assets in the country.
Hong Kong Releases Policy Statement 2.0 to Cement Role in Digital Assets Leadership
Hong Kong released its Policy Statement 2.0 to regulate digital assets, license stablecoins, and expand tokenization efforts.
BOC-NAIA intercepts undeclared currencies at NAIA 3
During a routine screening of the passenger's baggage, bundles of cash concealed inside the luggage were uncovered.
China Opens First Offshore Gold Vault in Hong Kong
The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Most Read from BloombergUS Renters Face Storm ...
Hong Kong’s IPO market is on fire; these 3 factors are driving the boom: HSBC
Beijing is keen to support some Hong Kong-listed red chip companies to list in the mainland, Steven Sun from HSBC Qianhai Securities says valuation gap between A and H shares as well as regulatory ...
Hong Kong Is Future-Proofing Its Crypto Ambitions With a New Policy Push
Hong Kong has released a new digital asset policy to expand its crypto ecosystem. The statement builds on its 2022 framework and introduces the “LEAP” ...
Hong Kong stocks slip as HKMA currency intervention stokes rate concerns
Banks and developers pace losses; HKMA had forewarned that intervention to halt local currency weakness would tighten liquidity and pressure rates.
China opens first offshore gold vault and contracts in Hong Kong
Trading will be conducted in yuan and settled by cash or physical delivery, including to the new vault operated by Bank of China Ltd.’s Hong Kong unit, the SGE said in a statement ...