A consultation paper on virtual assets will be issued in this quarter and new licensing rules for virtual assets platforms will come into effect in June, Julia Leung said The SFC will also work with ...
Coronavirus: Hong Kong will return to normality quickly but safely, city leader John Lee says at regional financial forum
Rest assured, we’ll go fast in a safe and orderly manner towards our shared goal of everything resuming as normal,’ city leader tells attendees at Asian Financial Forum.
HSBC’s Tucker Sees Strong Recovery in HK, Big Push for India
HSBC Holdings Plc’s Chairman Mark Tucker sees a significant boost to the global economy and a rebound in Hong Kong from China’s reopening.
In the News: Treasury Bond Futures Opening-Up; Crypto Investment; and More Flexible Pay Options for Hong Kong-Based Arbitrators
China opens treasury bond futures to foreign bank; no protection for crypto investment; and ORFS bring Hong Kong in line with other major arbitration centers ...
A Chinese bank is offering customers a Pfizer COVID-19 vaccine if they deposit $500,000 into an account
A Hong Kong-based bank is offering customers an express reservation for a Pfizer shot after cross-border restrictions with mainland China were lifted.
Hong Kong IPO outlook 2023: back from the brink
After a miserable 2022 with total fundraising dropping almost 70%, the market consensus is that Hong Kong’s initial public offering (IPO) market will get better in the New Year largely driven by a ...
Hong Kong’s exchange vies to regain top IPO spot, opens US office
The bourse saw a fall of 68% in total proceeds raised last year compared to 2021, but capital markets have shown signs of recovery.
Chinese bank tries to entice wealthy customers with mRNA vaccines
A Chinese state-owned bank in Hong Kong is offering customers one shot of an mRNA vaccine if they make a deposit of HK$4mn (US$512,277), as it seeks to entice mainland clients who have until now only ...
Hong Kong’s ZA Bank launches debt consolidation program Debt Changer
Users can defer payment for a month for every 12 month tenor they take. Hong Kong’s ZA Bank has launched Debt Changer, a debt consolidation program which enables users to defer repayment for up to 6 ...
13 Hong Kong domestic helpers among 18 arrested in police probe into HK$35 million money-laundering scheme
Domestic helpers along with five ringleaders detained in series of police raids on Monday Women alleged to have been recruited to open bank accounts taken over by syndicate to launder cash A total of ...
Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists. Citi is ramping up its global wealth strategy with the launch of its very first Global Wealth Centre in Hong Kong: a curated ...
Hong Kong’s Finance Regulator Calls for ‘a More Solid Footing’ for Crypto
Christopher Hui first heard of crypto from some friends who were running investment funds and investing in virtual assets. Now, as secretary for Financial Services and the Treasury of Hong Kong (FSTB) ...
China, HK stocks gain on border reopening, Beijing’s support for internet sector
"We believe there is a lot of opportunity for those committed to investing in China." ** Chinese internet stocks rose while Hong Kong's Hang Seng Tech Index jumped 3.2% after Guo Shuqing, Communist ...
HSBC Turns Hong Kong Into an Open Canvas With Its Year-Long ‘Open to Art’ Initiative
Little Black Book, MSL Hong Kong creates an immersive art experience at Tsim Sha Tsui Star Ferry Pier and in the metaverse ...