Hong Kong outlined a plan to let retail investors trade digital tokens like Bitcoin and Ether, taking a major step toward its goal of becoming a crypto hub in a policy shift that contrasts with a ...
DBS bank to offer crypto services in Hong Kong
The Asian bank plans to apply for a license in Hong Kong to offer crypto trading services. The bank has been doing great in terms of trading volume as they have seen both a rise in trading volume and ...
China, Hong Kong stocks rise on China recovery hopes
China and Hong Kong stocks climbed on Monday as risk appetite improved on hopes of the economy gradually shifting from reopening to recovery, outweighing geopolitical tensions between U.S. and China.
Standard Chartered to boost Hong Kong staff as it turns bullish on Greater Bay Area, green finance, CEO Mary Huen says
Standard Chartered will hire 300 to 500 additional staff in Hong Kong this year to tap the growth in loan and wealth management demand this year The bank's operating income has returned to the ...
Hong Kong Finance Chief Warns of Challenges From Fiscal Deficit
Hong Kong Financial Secretary Paul Chan warned that a fiscal deficit will present an obstacle to the city’s recovery from the pandemic.
Hong Kong Sells More Than $100M Of Digital Green Bonds In Historic Move
The Hong Kong Special Administrative Region (SAR) of the People's Republic of China has raised over $100 million through the sale of digital green bonds, marking the first time a government has issued ...
Hong Kong must boost future investment and strengthen economy despite ‘fairly high’ fiscal deficit due to Covid-19 pandemic, finance chief says
Finance chief Paul Chan says city's fiscal reserve has shrunk following expansionary fiscal policy rolled out during pandemic 'Although we may face more restrictions amid resource constraints, that ...
Hong Kong Premier League: Lee Man break jinx with 3-0 win over Kwoon Chung Southern
After losing all three previous encounters this season, Lee Man seal first win over Southern to keep pressure on Hong Kong Premier League leaders Kitchee.
Healthy Green, Hong Kong natural foods retailer, files for $17M US IPO
Hong Kong-based Healthy Green Group (HGRN), a marketer of natural and organic food products, has filed for a $17M US initial public offering. The food retailer didn't state in its filing how many ...
BOC inspects five container vans, yield smuggled sugar, cigarettes
Customs Commissioner Bienvenido Rubio, with Intelligence Group Deputy Commissioner Juvymax Uy and Manila International Container Port (MICP) District Collector Arnoldo Famor, ...
Amusement park operator Golden Heaven downsizes IPO deal to $27M
Chinese amusement park operator Golden Heaven has downsized its proposed US initial public offering by 23% to $27M. Golden Heaven said in its latest filing that it was now seeking ...
Chan needs to make correct diagnosis in Hong Kong’s post-Covid budget
With Hong Kong still recovering from the devastating coronavirus, its financial chief will have to balance public expectations against shrinking reserves Balancing public expectations with financial ...
A Highflying Chinese Financier Is Missing. Why It May be a Warning for Alibaba.
China Renaissance (ticker: 1911.H.K.) stock fell as much as 50% in Hong Kong trading on Friday, finishing 28% lower, after the financial advisory firm disclosed that its chairman, CEO, and controlling ...
Concern for missing Chinese banking billionaire Bao Fan
The Chinese billionaire chairman of investment bank China Renaissance has gone missing, the firm said, as shares in the company plunged in Hong Kong. Bao Fan, who is also executive director of the ...