Category: FINANCE

The Hong Kong Monetary Authority is seeking public views on rules that would license and supervise stablecoin activities like banks Usually pegged to the US dollar, the US$150 billion stablecoin ... ( read original story ...)

Hong Kong’s central bank wants to supervise entities involved in operations like issuing stablecoins and managing their reserves. ( read original story ...)

Hong Kong’s de facto central bank plans to have a new regulatory regime for crypto assets ready by July, as the city vies with Singapore to become a key hub for the burgeoning sector while at the same ... ( read original story ...)

Hong Kong's de facto central bank invited comment on Wednesday about ways to regulate crypto assets and stablecoins, with the aim of adopting a regulatory framework by 2024 in which the policy ... ( read original story ...)

RBC, an indirect subsidiary of Royal Bank of Canada, is one of the 13 MPF trustees that manage pension funds in the city Standard Chartered sold its MPF businesses to Manulife in 2015, but bank ... ( read original story ...)

The man was named as an accused by the agency in its charge sheet filed in this case in March, 2019 before a special PMLA court in Bengaluru. The ED case was booked after taking cognisance of a July, ... ( read original story ...)

Didi bankers are now busy finding a solution to make sure the company can meet with all the listing requirement in Hong Kong Hong Kong government and the local burse has rolled out red carpet to ... ( read original story ...)

Hong Kong’s Hang Seng index led gains in the region, as it jumped 2.79% to close at 24,402.17. The Hang Seng tech index soared nearly 5%, with Tencent rallying 4.52%, and Alibaba climbed 5.89%, and ... ( read original story ...)

Pan Macmillan has pre-empted a “jaw-dropping” account of the HSBC Mexican drug cartel scandal by journalist Chris Blackhurst. Robin Harvie, former non-fiction publisher, pre-empted world rights to one ... ( read original story ...)

The head of green and sustainable finance at Hong Kong’s bourse left the firm this week after just 20 months in the position. ( read original story ...)

Buyout firm Primavera Capital and the investing arm of ABC International Holdings Ltd. are considering forming a blank-check company to list in Hong Kong, according to people familiar with the matter, ... ( read original story ...)

Hong Kong’s Hang Seng index led gains in the region, as it jumped 2%. The Hang Seng tech index soared 3.7%, as Tencent was up 3.13%, and Alibaba climbed 4.7%, and Meituan jumped 7.69%. JD soared over ... ( read original story ...)

Didi has begun informal discussions with the Hong Kong stock exchange about a public listing, according to two people familiar with the situation, as the Chinese ride-hailing leader tries to return ... ( read original story ...)

The dollar was steady after declining and commodity-linked currencies like the Australian dollar stabilized after jumping alongside oil prices. ( read original story ...)