The Securities and Futures Commission's guidelines prohibit crypto "gifts" designed to incentivize retail investments, which likely includes airdrops.
Bitcoin gains after China signals crypto trading plan for Hong Kong
Bitcoin has risen over 2% as investors eye the ongoing stalemate over the US debt ceiling and anticipate a positive crypto move in China.
Hang Seng organises $100m social loan for Unistress
This funding will entail establishing schools for children and transitional homes for low-income households. Hang Seng Bank inaugurated its first social loan for Unistress Building Construction to ...
Hang Seng arranges HK$100 million social loan for Unistress
Hang Seng Bank has arranged a HK$100 million (US$12.77 million) social loan for Unistress Building Construction, a Hong Kong-based construction company.
Hong Kong leader condemns unusual uptick in registration withdrawals from organ donation system
Under an opt-in system, Hong Kong currently has more than 357,000 registrants in the financial hub that houses 7 million people. Organ donations have been met with resistance in both Hong Kong and ...
Hong Kong police warn public against falling victim to fake anti-scam app
Hong Kong police have warned the public to stay alert to a fake mobile app disguised as the force’s anti-scam Scameter+ app. The bogus app had been attempting to lure victims into depositing money ...
All’s fare on Hong Kong buses and trains? Lawmakers, economists urge city to review public cost of HK$2 transport subsidy for elderly
"Hong Kong should take this chance to reform the system by subsidising ... However, Dr Thomas Yuen Wai-kee, an assistant professor at Shue Yan University's department of economics and finance, brushed ...
Banking battle: HSBC is not going anywhere
HSBC Australia is posting record returns and is pushing ahead with its expansion, despite speculation the European giant might be considering options for the local arm after culling non-core ...
Interest rates in HK to remain high: HSBC
HSBC economists said on Monday that interest rates in the SAR will remain high, but the mainland's economic recovery gives reason to be optimistic.
Hong Kong company director latest victim in string of cryptocurrency scams, cheated out of more than HK$16 million
"Between April 19 and May 13, he was lured into transferring HK$16.23 million into 16 designated bank accounts in 39 transactions," a source familiar with the case said. The director realised he had ...
Hong Kong stocks climb from 2-month low as Beijing’s ban on Micron Technology propels rally in Chinese chip makers
Hong Kong stocks climbed from a two-month low on Monday morning as Beijing’s ban on Micron Technology over security concerns propelled a rally in Chinese chip makers.
Hong Kong’s top judge Andrew Cheung leaves for 4-day Beijing trip, expected to meet new head of country’s highest court
Hong Kong’s chief justice set to meet recently appointed head of Supreme People’s Court Zhang Jun, discuss increasing use of technology with Beijing judges.
Companies in Hong Kong wrestling with 20 per cent turnover rate, struggling to recruit mid-level staff, leading business group says
CEO of Hong Kong General Chamber of Commerce warns increasing salaries not cure-all for talent shortage, could result in non-profits losing out to commercial entities Government must offer more ...
Hong Kong’s John Lee ‘to lead high-level delegation’ to Singapore, Malaysia and Indonesia in July to forge closer ties with Asean members
City leader will be flanked by top officials and representatives from finance, technology and professional services on one-week trip, sources say Ties with Association of Southeast Asian Nations ...