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Category: FINANCE

Posted on 23/06/2025

Hong Kong to keep expanding land bank, but not to offset deficit: Paul Chan

Finance chief also says government will address plans to build artificial islands off Lantau waters at later stage, despite calls to halt project Hong Kong will press on with building up its land bank ...

Posted on 23/06/2025

HK takes lead in stablecoin regulation as China explores a digital future

While issuing a renminbi-backed stablecoin is not yet feasible given the current legal framework, Hong Kong's ordinance can serve as a regulatory pilot, offering insights for the central government in ...

Posted on 23/06/2025

HK strengthening as a financial centre: FS

Financial Secretary Paul Chan says Hong Kong's position as an international financial centre is strengthening, citing increased trading volumes and ...

Posted on 22/06/2025

Global investors eye Hong Kong as robust, reliable safe haven for funds: Chan

Global investors eye Hong Kong as a robust and reliable safe haven, noting the city's strength in stock markets, wealth management and insurance, Hong Kong Financial Secretary Paul Chan Mo-po wrote in ...

Posted on 22/06/2025

HK’s financial centre position strengthening: FS

Financial Secretary Paul Chan says Hong Kong's position as an international financial centre is strengthening, citing increased trading volumes and ...

Posted on 22/06/2025

Hong Kong, Mainland China Launch Payment Connect for Real-Time Cross-Border Transactions

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment ...

Posted on 22/06/2025

Singaporean financial adviser’s name and image exploited again in Hong Kong scams

City University Professor Chan Yan-chong stresses he never gives advice online, notes that many victims, including some in Singapore, are retirees.

Posted on 21/06/2025

Hong Kong a safe haven for investors: finance chief

Hong Kong's finance chief on Saturday pledged to turn the territory into a "safe haven" for international investors, and expressed confidence that ...

Posted on 21/06/2025

China’s top HK official says security will ensure city’s success

His comments build on China’s emphasis on national security in recent years. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 20/06/2025

Alsco Refiles For Hong Kong IPO Amid Less Favorable Conditions

Alsco manufactures foldable containers and boxes as well as metal racks and specialized containers that can be used by auto companies and later returned for reuse. Their foldability means they can be ...

Posted on 20/06/2025

Unisound Launches Modest IPO In Crowded Hong Kong Market

Unisound aims to raise about $40 million through a Hong Kong IPO, with its shares set to start trading on June 30 The AI services provider recorded 29% revenue growth last year and has a relatively ...

Posted on 20/06/2025

PBC, HKMA hold launch ceremony for faster payment systems between mainland and HK

The launch ceremony for faster payment systems between the mainland and Hong Kong Special Administrative Region is held by the People's Bank of China and the Hong Kong Monetary Au ...

Posted on 20/06/2025

China grants Hong Kong new yuan quota as Payment Connect kicks off for 315 million users

Starting from noon on Sunday, the 17 million registered users of Hong Kong’s FPS will be able to remit up to HK$10,000 per day to 298 million users on the mainland’s IBPS.

Posted on 20/06/2025

HKers can use FPS for payments up north from Sunday

Residents from Hong Kong and the mainland will soon be able to use a new fast payment tool to conduct cross-border transactions involving small sums ...

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