China and Hong Kong shares closed roughly flat on Monday as investors brace for fresh data this week, which will likely add to concerns over the economic health of the world's second-biggest economy.
Hong Kong Plans to Launch Regulatory Framework for Stablecoins by 2024
Hong Kong Monetary Authority (HKMA), the city’s central bank, has conducted a public consultation on a regulatory framework for stablecoins, Chen Haolian, deputy director of Financial Services and ...
Judge Delays Decision on Hong Kong’s Request to Ban Protest Song Online
The government, seeking a broad order to stop the internet distribution of “Glory to Hong Kong,” will return to court next month to address a judge’s questions.
Hong Kong police arrest 27-year-old man in connection with knife attack on former boss in pedestrian underpass
According to police, 43-year-old victim fired suspect hours before she was attacked on her way home from work.
American Tech Giants Are Slowly Cutting Off Hong Kong Internet Users
Google and OpenAI haven’t rolled out AI chatbots to the city, putting it alongside mainland China and North Korea.
Hong Kong’s shortage of healthcare professionals not related to patient’s attack on women in shopping centre, says official
Acting secretary for health Dr Libby Lee says it's not a must to follow international recommendations because local situation must be considered Government adviser disagrees saying professionals have ...
BOCI issues first tokenized notes in Hong Kong
Bank of China’s investment bank BOCI has issued 200 million yuan (US$28 million) fully digital structured notes, making it the first Chinese financial institution to issue a tokenized security in Hong ...
BREAKING: Hong Kong court adjourns hearing of gov’t application to ban protest song ‘Glory to Hong Kong’
Hong Kong’s Court of First Instance has adjourned a hearing about whether to grant an injunction banning pro-democracy protest song Glory to Hong Kong. Judge Wilson Chan on Monday adjourned a hearing dealing with an application from the government for an interim injunction on the song until July 21.
HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation ...
Hong Kong should be ‘very sensitive’ when drafting local security law to safeguard nat’l security, justice sec. says
The Hong Kong government should expedite the legislation of the city’s own security law, Secretary for Justice Paul Lam has said, adding that “some achievement should be made within this year, otherwise no later than next year”.
Ducking out: Hong Kong inflatable duck art deflates
STORY: One of Hong Kong's giant rubber inflatables ducked out just hours after appearingto the disappointment of people coming to see them in scorching heatThe 'Double Ducks' are part of an art ...
Hong Kong legislator encourages Coinbase to set up shop in city under new crypto rules
Local legislator suggests global cryptocurrency exchanges such as U.S.-based Coinbase set up operations in Hong Kong as the city’s new licensing regime for crypto retail trading took effect on June 1.
WeWork’s minority-owned China unit eyes Hong Kong expansion on back of demand from Web3 and crypto firms, mainland border reopening
The firm, in which Shanghai-based investment firm Trustbridge Partners holds a more than 51 per cent share and WeWork Global has a minority stake, is seeing more Chinese firms turning to flexible ...
Explainer – what is the ‘dual-counter model’ and why should investors care about Hong Kong’s latest equity innovation?
The yuan share trading counter programme, initially covering 24 stocks with US$154 billion market capitalisation, will attract both mainland and international investors Hong Kong has close to 1 ...