Christopher Hui first heard of crypto from some friends who were running investment funds and investing in virtual assets. Now, as secretary for Financial Services and the Treasury of Hong Kong (FSTB) ...
China, HK stocks gain on border reopening, Beijing’s support for internet sector
"We believe there is a lot of opportunity for those committed to investing in China." ** Chinese internet stocks rose while Hong Kong's Hang Seng Tech Index jumped 3.2% after Guo Shuqing, Communist ...
HSBC Turns Hong Kong Into an Open Canvas With Its Year-Long ‘Open to Art’ Initiative
Little Black Book, MSL Hong Kong creates an immersive art experience at Tsim Sha Tsui Star Ferry Pier and in the metaverse ...
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
A Hong Kong firm with ties to crypto mining manufacturer Bitmain reorganized its business to bring crypto asset management and hedging services to the forefront, as the city pushes for a comeback in ...
Challenging year for Hong Kong as it aims to make economic comeback
Economists are cautiously optimistic that the city can turn around after three years of pandemic controls and damage, but much will depend on mainland China policy and global conditions Hong Kong has ...
Alibaba’s Ant Could Be Marching Toward An IPO, CNY’s Remarkable Ghost Rally
Jack Ma’s voting rights in financial technology giant Ant Group were lowered to 6.2% from 53.4%, though he still has a significant economic interest in the company.
Unimpressive Hong Kong Keeps No. 3 Spot In Global IPO Race
Hong Kong IPOs fell sharply last year, but the fundraising is expected to rebound this year as global inflation moderates and China reopens The fading threat of forced de-listings for Chinese companie ...
China Citic Bank Offers Covid Shots in HK to Woo Mainland Cash
A Hong Kong unit of state-backed China Citic Bank Corp. is offering free Covid-19 mRNA vaccinations to sign up wealthy new customers as the border between the financial hub and mainland China reopened ...
Alibaba stock rises 8% in Hong Kong as Jack Ma gives up control of sister firm Ant Group
Alibaba (NYSE:BABA) rose more than 8% Monday in Hong Kong after founder Jack Ma ceded control of sister company Ant Group, whose planned 2020 IPO fell apart when Ma’s criticism of Chinese regulators ...
HSBC transforms Hong Kong billboard into an immersive art exhibition
HSBC plans to transform Hong Kong from a bustling financial centre into an open canvas through immersive art experiences and a metaverse gallery. HSBC wants to make art more accessible to people and ...
HSBC turns Hong Kong into an open canvas with its year-long ‘Open to Art’ initiative via MSL
HSBC’s ‘Open to Art’ initiative aims to transform and modernise people’s access to art and the way people experience different forms of art and culture in Hong Kong, which is one of the world’s ...
Jack Ma Is Giving Up Control of Ant. What Does That Mean for Ant’s IPO Reboot?
Chinese regulators torpedoed Ant Group Co.’s would-be record initial public offering, sending shock waves across global capital markets. New rules have been slapped on the fintech giant, which has ...
No plans for IPO, Ant Group tells Reuters
The wait is two years on Shanghai's Nasdaq-style STAR market, and one year in Hong Kong. Ant's US$37 billion IPO in Hong Kong and Shanghai, which would have been the world's largest, was cancelled at ...
Year of the bond starts with a $150 billion spree
After optimism swelled for weeks that 2023 would finally bring relief for the world’s battered bond buyers, borrowers took advantage by issuing more than $150 billion (R2.56 trillion) of new debt in ...