In a year when the world has focused on the Covid-19 economic recovery, the more significant challenge remains at large - creating a sustainable, long-term growth path for the world economy. That's ... ( read original story ...)
Hong Kong – HKMA Releases A Technical Whitepaper On Retail Central Bank Digital Currency (“CBDC”).
The Hong Kong Monetary Authority (“HKMA”) released a technical whitepaper on CBDC on 4th October 2021 “e-HKD: A technical perspective” (“Whitepaper”). The HKMA announced its “Fintech 2025” strategy in ... ( read original story ...)
Economist magazine regrets Hong Kong rejecting its journalist’s visa
The Economist said on Saturday that Hong Kong declined to renew the visa of one its journalists, urging the city to maintain foreign media access as concerns grow about media freedoms in the global ... ( read original story ...)
Retailer Rue Gilt Groupe Files for IPO Showing Revenue Gains
Fashion retailer Rue Gilt Groupe Inc. filed for an initial public offering, disclosing growing revenue amid a continuing surge of consumer listings.Most Read from BloombergWhy Hong Kong Is Building Ap ... ( read original story ...)
Hong Kong Denies Work Visa Renewal to The Economist’s Journalist
The Economist magazine said Hong Kong immigration authorities declined to renew the employment visa of one of its journalists and didn’t provide a reason for the rejection. Sue-Lin Wong, the China ... ( read original story ...)
China’s central bank says it will keep property market stable
China's central bank will act to keep property market stable and prevent prices from rising rapidly, it said on Friday.The People's Bank of China will continue to monitor financial institutions to ... ( read original story ...)
CBUAE and central bank issued a communique on mBridge project
CBUAE has recently issued a communiqué on its joint mBridge project with partners from the Bank for International Settlements ... ( read original story ...)
Sun Hung Kai raises HK$8.65bn from SLL
Sun Hung Kai Properties has signed a HK$8.65bn ($1.1bn) sustainability-linked loan with eight banks, the first SLL from the company. Bank of China (Hong Kong), DBS and HSBC were the sustainability ... ( read original story ...)
China EV Startup Hozon Said to Weigh $1 Billion Hong Kong IPO
Chinese electric vehicle startup Hozon New Energy Automobile Co. is weighing a Hong Kong initial public offering that could raise about $1 billion, according to people familiar with the matter, part ... ( read original story ...)
Suning Financial Services (Hong Kong) and Nium Launch E-commerce Corporate Cards for Hong Kong Businesses
Suning Financial Services (Hong Kong) has recently joined forces with Nium, a global provider of payments and card issuance services, to ... ( read original story ...)
Coronavirus: Royal Caribbean resumes Hong Kong ‘cruises to nowhere’ after 21-day ban over infected crew member
Royal Caribbean International resumed “cruises to nowhere” from Hong Kong on Thursday night, marking the end of a 21-day suspension imposed on the multinational operator over a crew member testing ... ( read original story ...)
It’s Race Against Clock With Finance a Glitch: COP26 Update
The COP26 climate talks are running out of time, with key issues such as climate finance and global carbon markets still unresolved before the summit’s scheduled end on Friday evening.Most Read from ... ( read original story ...)
Hong Kong stocks rise as property shares jump on China policy easing bets
Hong Kong stocks rose on Thursday despite declines in most Asian markets, as Chinese property shares rebounded on hopes Beijing would ease policies to help the struggling sector. ( read original story ...)
Gymnastics and tennis on their way out of Hong Kong Sports Institute elite programme
Both sports fail to meet requirements to retain their tier A status and face expulsion from programme after Tokyo 2020 disappointment. ( read original story ...)