The move means that different regulators in Hong Kong will work to build an ecosystem for banks, insurance companies, financial firms and other tech start-ups, virtual insurer Bowtie's Fred Ngan says ...
US Crackdown On Crypto Boosts Asian Blockchain Ventures: Hong Kong VC Unveils $100M Titan Fund
Hong Kong-based crypto venture capital firm, CMCC Global, has unveiled its fourth crypto fund, emphasizing equity investments in budding blockchain startups with a primary focus on Hong Kong.
How can HK brands leverage the power of ‘Golden Week’ to promote sustainability?
This year’s Golden Week overlaps with the Chinese Mid-Autumn Festival and Hong Kong saw over half a million visitors from mainland China over the past weekend. It’s also one of the first week-long ...
4 Hong Kong universities fall in Times Higher Education global ranking, reversing general upwards trend last year
Four universities in Hong Kong have slipped in a global ranking of the top 100 tertiary institutions compiled by a prominent British-based publication. This marks a reversal of a general upwards ...
Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices
Sunac moved ahead of its troubled peers in fixing its financial crisis after a court in Hong Kong sanctioned its US$10.2 billion debt workout plan with more than 2,000 offshore creditors.
Hong Kong’s 2023 global bankers’ summit draws Goldman, UBS and about 90 CEOs to city’s ‘vibrancy’ showcase, HKMA says
The HKMA "wants bankers from across the globe to feel the energy, the vibrancy and also see the opportunities here," said CEO Eddie Yue Mainland Chinese regulators and financial institutions will ...
Hong Kong Stocks Gain Some Steam Back After Citigroup Declares China’s “Cyclical Bottom Is Here”
Positive economic data for China growth and the approved restructuring of a major property developer lifted stocks in Hong Kong Thursday in the mid-morning session, although most failed to hold onto ...
Two More Detained In JPEX Scandal as Hong Kong Sets Up Group To Crack Down on Rogue Crypto Platforms
Hong Kong police and its securities watchdog formed a group to crack down on illegal cryptocurrency platforms following the JPEX scandal.
Guided by climate science, Hong Kong must come together to meet extreme weather challenge
Climate change, once a term relegated to academic discussions, has made its presence felt in Hong Kong with a ferocity that’s hard to ignore. Global warming is no longer a theoretical scenario ...
Visitors flock to Hong Kong over mainland China’s ‘golden week’ holiday, but retailers say extra people did not mean higher sales
About a million visitors hit city from September 29 to October 4, but tourists offset by 1.4 million Hongkongers who left on holiday over the period Real estate services firm says its survey of ...
Hong Kong public housing tenants to be asked to share personal data for checks on property ownership as efforts to weed out abuses ramped up
All Hong Kong public housing tenants will be asked to give authorities permission to check personal data held by government departments and banks for property ownership information, with a compulsory ...
Long Museum Art Collection Sale Stumbles in Hong Kong
A sale of 40 major works of art stretching from the modern period through today from the collection of billionaire Liu Yiqian and his wife, Wang Wei, fell short of expectations at Sotheby’s in Hong ...
Hong Kong’s Hang Seng Index Falls to New 2023 Low
Hong Kong’s stock market is struggling. The city’s Hang Seng Index fell to a new low Wednesday of HK$17,094, or $2,183 — its lowest since October 2022 and a 4% drop from last week’s close. Shares had ...
Hong Kong is most popular target for digital fraudsters amid pickup in online payments: TransUnion report
Fraudsters are seizing upon increased rates of digital payments to target consumers and businesses in Hong Kong, according to US consumer credit reporting agency TransUnion.