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Category: FINANCE

Posted on 17/02/2023

No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Hong Kong is warming up to crypto, and a licensing regime for Virtual Asset Service Providers (VASP) ...

Posted on 17/02/2023

Hong Kong hits back at US after 2 of country’s lawmakers introduce bill to shut down 3 overseas offices representing city

Fierce response follows suggestion to close economic and trade offices in America if White House decides Beijing has undermined Hong Kong's self-government Hong Kong authorities urge US 'to respect ...

Posted on 17/02/2023

China, Hong Kong stocks fall as strong U.S. data clouds China’s recovery hopes

China and Hong Kong stocks fell on Friday, dragged by some tech stocks, as upbeat U.S. economic data revived market concerns that China's central bank might delay more easing measures to support the ...

Posted on 17/02/2023

Fully resuming normal travel with SARs propels Hong Kong’s economy

A news report from China.org.cn on the full resumption of normal travels between Hong Kong Special Administrative Region and the Chinese mainland: ...

Posted on 17/02/2023

Indonesia’s J&T Express Aims For Hong Kong IPO, Might Raise $2 Billion

J&T Express, an Indonesian delivery company, plans to go public in Hong Kong in the second half of this year with an initial offering that could aim to raise up to $2 billion, Reuters reported on ...

Posted on 17/02/2023

Hong Kong banks post 19.3 per cent rise in 2022 profit on better interest margins, ending three-year slide: HKMA

Hong Kong banks' net interest margins widened to 1.31 per cent in 2022, compared with 0.98 per cent in 2021 and 1.18 per cent in 2020 While deposits in the banking system rose 1.7 per cent in 2022, ...

Posted on 17/02/2023

China, Hong Kong stocks fall as strong U.S. data clouds China’s recovery outlook

China and Hong Kong stocks fell on Friday, weighed down by some tech stocks, as upbeat U.S. economic data revived market concerns that China's central bank might delay more easing measures to support ...

Posted on 17/02/2023

Missing China bank boss is the wrong big deal

The disappearance of Bao Fan is a chilling dampener on the reopening of the world's second largest economy. China Renaissance’s revelation that it is unable to contact the man who is its founder, ...

Posted on 17/02/2023

Hong Kong issues 800M HKD in tokenized green bonds

The government of Hong Kong announced on Feb. 16 that it had issued 800 million Hong Kong dollars (roughly $100 million) in tokenized green bonds under its Green Bond Programme. The bonds were ...

Posted on 16/02/2023

Hong Kong ushers in new digital era for Asia bonds with world first

The Hong Kong government this week gave a fillip to the still-nascent digital capital markets in Asia with its first green institutional tokenised bond, cementing its position further as a key ...

Posted on 16/02/2023

Declining Birthrate Policies Arrive As Hong Kong Internet Stocks Rise

Hong Kong internet stocks shook off yesterday’s ADR decline broadly ... PBOC injected cash into the financial as taxes are due in China, with some chatter about another bank reserve requirement ratio ...

Posted on 16/02/2023

Hong Kong Successfully Offered Inaugural $100M Tokenized Green Bond

Hong Kong's government successfully issued its first tokenized green bond of 800 million Hong Kong dollars ($101 million), according to an announcement on Thursday. The bond was offered by the ...

Posted on 16/02/2023

Jissbon Condom Maker Lifestyles China Weigh $300 Million HK IPO, Sources Say

The firm behind brands including Jissbon condoms is considering a Hong Kong initial public offering that could raise about $300 million, according to people familiar with the matter.

Posted on 16/02/2023

Hong Kong population declines for third year, but at slower rate, as financial hub reopens

The pace of decline in Hong Kong’s population abated as the city moved to reopen after years of pandemic isolation.

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