Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.
HashKey Holdings Limited has successfully cleared its Hong Kong Stock Exchange listing hearing
The Hong Kong Stock Exchange (HKEX) released a statement dated December 1 confirming that HashKey Holdings Limited has successfully cleared its listing hearing. This move implied that the company ...
Hong Kong’s biggest crypto exchange HashKey wins listing nod in test of investor appetite
The operator of Hong Kong’s biggest licensed crypto exchange did not disclose the size or the timing of its initial public offering (IPO) in a filing on Monday. It was reported in October that HashKey ...
Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown
Hong Kong-listed stocks with businesses related to stablecoins tumbled on Monday, after China's central bank vowed to crack down on virtual currencies and flagged stablecoin concerns. Yunfeng ...
Morgan Stanley and Goldman dominate Hong Kong equity deals
Western banks have been the biggest beneficiaries of Hong Kong equity sales this year, shrugging off US-China tensions as dealmaking booms in Asia’s financial hub. Morgan Stanley helped raise $11.6bn ...
Hong Kong’s financial future hinges on adapting to China’s hi-tech pivot: Huatai HK CEO
If history serves as a guide, Hong Kong's continued reign as a premier international financial centre depends on a time-tested formula: adapting to meet evolving needs, particularly in response to the ...
Aussie firms return to Hong Kong as IPO market booms
Jason Chang, the Australian Chamber of Commerce in Hong Kong’s new chair, says two of the world’s biggest IPOs demonstrate the strength of the Hong Kong market.
China central bank facilitates RMB donations to support Hong Kong residential complex fire relief efforts
BEIJING -- The People's Bank of China (PBOC), China's central bank, has opened a "green lane" for RMB donations originating in the mainland to ensure that these money donations instantly reach the ...
China guides banks, insurers to fully provide financial services after Hong Kong fire
China guides banks and insurers to fully provide financial support services after a deadly fire in Hong Kong caused significant casualties and property damage, the nation's financial regulator said on ...
China tells banks, insurers to fully provide financial help to victims of Hong Kong fire
The inferno left at least 128 dead and gutted seven of eight 32-storey blocks. Read more at straitstimes.com. Read more at straitstimes.com.
Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago
Hong Kong’s rise as a fintech hub is due to the concerted regulatory push, with the city competing with Singapore for regional leadership.
Hong Kong’s deadliest blaze in decades kills at least 128, dozens missing
A sombre air hung across Hong Kong on Saturday, as residents prepared to honour the at least 128 people killed in a massive apartment complex blaze during condolence events and vigils across the ...
Agricultural Bank of China Pledges HK$10 Million for Hong Kong Disaster Relief
Agricultural Bank of China ( ($HK:1288) ) has shared an announcement. The Agricultural Bank of China Limited’s board of directors approved an ...
Crypto tycoons pour in millions into relief after Hong Kong’s deadliest fire since 1948
Major leaders from the crypto industry have pledged millions of dollars to support the victims of the deadly fire in Hong Kong. The fire in a high-rise apartment complex in Tai Po District in Hong ...