A new exchange-traded fund (ETF) tracking Saudi equities made its trading debut in Hong Kong on Wednesday, becoming the first product of its kind in Asia amid warming bilateral relations between China ...
‘Helpless’: can Hong Kong logistics firms survive eviction? Uncertain future as government takes back New Territories brownfield sites
Hundreds of operators forced out of sites in New Territories to make way for development, but government only offering financial compensation, not relocation Push towards value-added logistics ...
Hong Kong’s pro-democracy leaders to give final defense as landmark national security trial nears an end
Dozens of Hong Kong’s most prominent pro-democracy figures are one step closer to learning their fate in the city’s largest national security case to date, as prosecutors and lawyers are returning to ...
Hong Kong crypto regulators under fire again after creators of Hounax exchange allegedly disappear with $19 million
The Hounax rugpull comes right after more than $120 million was stolen from the unlicensed JPEX exchange in September.
High-level conference in Hong Kong highlights challenges to central banks
A high-level conference co-organized by the Hong Kong Monetary Authority HKMA and the Bank for International Settlements BIS was concluded Tuesday ...
HSBC facing a ‘hit’ of over £6.3 bn as a result of unsecured commercial property loans into China: Report
HSBC is facing a "hit" of more than £6.3 billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned, a media report said.
This Central Bank Chief Predicts Native Digital Tokens Will ‘Leave The Scene’
During a panel at the Hong Kong Monetary Authority-Bank for International Settlements event, Singapore's central bank leader Ravi Menon, forecasted a decline in private cryptocurrencies that don't ...
Hong Kong may further empower regulators to tackle cryptocurrency scams, John Lee says, amid fallout from Hounax, JPEX cases
City leader John Lee says regulator powers may be bolstered, after watchdog explains it cannot close Hounax platform at centre of alleged HK$148 million scam.
HSBC facing a ‘hit’ of over £6.3 bn as a result of unsecured commercial property loans into China
London, Nov 28 (IANS): HSBC is facing a "hit" of more than £6.3 billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned, a media report said.
Hong Kong looks to improve payment practices in construction sector with bill in works to fix cash-flow problems along supply chain
Industry stakeholders, including contractors, subcontractors, works consultants and suppliers, have long experienced payment problems, studies show.
Big Four firms tell staff to use burner phones in Hong Kong
Staff at some of the world’s biggest accounting and consulting firms are being asked to use burner phones when visiting Hong Kong amid growing worries about security.Deloitte and KPMG, two of the Big ...
Don’t use your own phone in Hong Kong, 2 accounting giants reportedly tell workers
KPMG and Deloitte advised its employees not to use their personal devices while visiting the China-controlled region, The Financial Times reported.
HSBC, Hang Seng Join China’s Digital Yuan Pilot
The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced ...
Hong Kong financial institutions bullish on tech
However, Hong Kong has the highest proportion of financial institutions, Finastra notes, that have not been constrained at all (30%) behind Saudi Arabia (34%). Of those whose organizations have been ...