CBDC and half are actively developing a digital version of their fiat money. In our current financial climate, there is growing discussion of a new payment technology that could become the go-to ... ( read original story ...)
A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says
Boliang reportedly made a retail account in his father's name and then deposited $20 million of credit into the account to make crypto trades. ( read original story ...)
Here’s Why Momentum in BOC Hong Kong Ltd. (BHKLY) Should Keep going
BOC Hong Kong Ltd. (BHKLY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. ( read original story ...)
Fusion Bank Further Rolls out E-voucher Rewards of Up to $630 for Bundle with WeChat Pay HK
In response to the second phase of the government's consumption voucher scheme, Fusion Bank, a virtual bank located in Hong Kong, announced to further launch another reward scheme for its users. ( read original story ...)
Hong Kong Monetary Authority steps up purchases of local dollar to defend peg
The aggregate balance in Hong Kong's banking system will fall to HK$241.78 billion as of Friday. The move comes as aggressive US rate hikes have caused a widening interest-rate gap between the US ... ( read original story ...)
Hong Kong IPO Gong Is Back for First Listing Ceremony Since 2020
Hong Kong is dusting off the gong for the city’s first in-person listing ceremony in two years.Most Read from BloombergLiz Cheney Is Paying the Price in Her Home State for Crossing TrumpSwitzerland ... ( read original story ...)
Hong Kong IPO Gong Is Back for First Listing Ceremony Since 2020Hong Kong IPO Gong Is Back for First Listing Ceremony Since 2020
Hong Kong is dusting off the gong for the city’s first in-person listing ceremony in two years. ( read original story ...)
HKMA buys Hong Kong dollar at record pace as peg gets tested
The currency still continues to linger near the weak end of its 7.75-to-7.85 per greenback trading band. Read more at straitstimes.com. ( read original story ...)
Private equity fund backed by the family of Hang Seng Bank’s co-founder bets big on China’s SMEs amid fundraising slump
Welkin Capital says low valuations have created opportunities to invest in 'little giants', despite challenges posed by China's strict Covid-19 policies The private equity firm has invested in Juneyao ... ( read original story ...)
HSBC Buys back Over 3.13M Shrs in HK, London Ytd for $162M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1381 million shares in London and Hong Kong yesterday (21st), involving a total of approximately HKD162 million. HSBC ... ( read original story ...)
Hong Kong Stock Market Has Firm Lead For Wednesday
The Hong Kong stock market has climbed higher in three straight sessions, advancing almost 825 points or 3.9 percent along the way. The Hang Seng Index now rests just above the 21,550-point plateau ... ( read original story ...)
Hong Kong stock rebound on pause after recouping US$570 billion in market cap since March, as key indexes slide
The Hang Seng Index slid slightly in morning trading after rising 3.4 per cent over the past three days Alibaba Health and JD.com led the decline, with Alibaba Group Holding and Tencent Holdings also ... ( read original story ...)
Hong Kong partners with Israel partner for CBDC cybersecurity research
The Hong Kong Monetary Authority (HKMA) will be working with the Bank of Israel (BOI), and Bank for International Settlements Innovation Hub (BISIH) to research cybersecurity in retail central bank ... ( read original story ...)
Herbert Smith Freehills Secures Further Victory In Hong Kong’s Court Of Appeal For Bank In Defending Liquidator Claim For Fraud.
Herbert Smith Freehills Secures Further Victory In Hong Kong's Court Of Appeal For Bank In Defending Liquidator Claim For Fraud. Legal News and Analysis - Hong Kong - Insolvency & Restructuring - ... ( read original story ...)