Sixteen banks and payment companies have rolled out a dozen pilots of the e-HKD among small groups of customers using, as part of HKMA’s plan to introduce a central bank digital currency to the public ...
Deal of the Month: Hong Kong SAR Government’s multi-tranche, multi-currency green bonds
In January, the government of Hong Kong announced Apac’s largest US dollar green bond issuance to date. It has since made headlines with other innovative green bond deals.
Chinese stocks in Hong Kong briefly slip into bear market as nation’s recovery outlook worsens
The Hang Seng China Enterprises Index (HSCEI), which tracks Chinese companies trading in Hong Kong, briefly slipped into a bear market, as sell-offs in China assets intensified amid mounting worries ...
‘Government unlikely to dish out consumption vouchers regularly,’ says HK finance chief
While Hong Kong residents will receive the second instalment of this year’s consumption vouchers on 16 July, the finance chief has stressed that the scheme will not be a regular event. Financial ...
Hong Kong building authorities, MTR Corp order flat owner who modified load-bearing wall to take action to ensure structural safety
According to video and floor plans, part of the alleged load-bearing wall was modified to create a door in Lohas Park flat.
39 top overseas academics recruited under Hong Kong talent scheme, but some say shortage of lab resources, high property costs a deterrent
Limited lab space, lack of modern equipment, and high rents, putting off academic staff from overseas, foreign scientists say.
Syngenta’s IPO is more relief than triumph
Syngenta’s $9 billion Chinese market listing finally looks ripe. Concerns about its share sale size forced the Switzerland-based agrichemical giant to opt for a last-minute venue change. Sadly, few ...
Banks Tap Hong Kong’s Discount Window for Most Funds Since 2021
Banks in Hong Kong borrowed the largest amount of short-term cash in over two years from the authorities, suggesting there was sudden demand for liquidity.
Hong Kong gloves tycoon pivots to produce Covid-killing reusable masks with lifespan of up to 4 years
Entrepreneur Juliana Lam founded Innotier, whose mask she says can instantly eliminate 99 per cent of the coronavirus and last for up to 200 washes.
HSBC: CN Econ Recovery Bodes Well for HK Biz Prospect; Yr-end HSI Targeted at 22,490
Herald van der Linde, Chief Asia Equity Strategist at HSBC, separately opined that Mainland China's economic recovery bodes well Hong Kong's business prospect, with an HSI target of 22,490 by the year ...
HMRC giving Hong Kong refugees’ financial details to China
The UK tax department has been urged to stop sharing information with China after an investigation found that critics of the country’s authoritarian regime are having their personal details shared ...
Seven plead guilty at start of Hong Kong legislature storming trial
A man sprays paint over the Regional Emblem of Hong Kong after anti-extradition bill protesters stormed the Legislative Council Complex on the 22nd anniversary of the handover from British to Chinese ...
9,500 Hong Kong drivers sign up for scheme to drive in mainland China, nearly 7 times quota limit
Authorities have fixed quota of 200 cars per day in first week and 300 daily in second to ensure smooth start.
Hong Kong’s High Court rejects bid by tycoon Jimmy Lai to drop national security case
The ruling was the second legal setback in two weeks for the tycoon, after the High Court’s chief judge rejected his request to review the ban by the Committee for Safeguarding National Security on ...