Chinese regulators have suspended the listing of Ant Group in Shanghai as part of its world record-setting initial public offering (IPO). ( read original story ...)
HSBC announces completion of a pilot digital trade finance transaction
HSBC Hong Kong completed a pilot digital trade finance transaction for Smart Chain whose ERP system has been integrated with eTradeConnect. ( read original story ...)
Hong Kong’s Financial System Has Never Faced a Test Like Ant
Hong Kong’s newfound position as the market of choice for huge Chinese stock sales is being put to the test by Ant Group Co. ( read original story ...)
Hong Kong Journalist Arrested After Investigating Police Misconduct
Bao Choy, a producer for the public broadcaster RTHK, reported on the police’s slow response to a mob assault last year. ( read original story ...)
Hong Kong Chief Warns Trump, Biden about U.S. Business Interests after Election
Hong Kong Chief Executive Carrie Lam warned presidential candidates Donald Trump and Joe Biden to "comprehensively evaluate" the next U.S. administration's relationship with the Chinese territory and ... ( read original story ...)
Hong Kong bans retail trading of digital currencies, requires crypto exchanges to be licensed in crackdown on fraud, money-laundering
Retail investors will no longer be allowed to trade on virtual-asset exchange platforms under proposed new rules which will also require all operators to be licensed by the watchdog, government ... ( read original story ...)
Hong Kong may sell bills to mop up excess cash sloshing in the city’s financial system after Ant’s record-breaking stock sale
While excess liquidity is not a problem in most parts of the world right now, Hong Kong’s open capital borders and pegged currency make it vulnerable to fund flows in and out of the city. ( read original story ...)
China Envisions a New Hong Kong, Firmly Under Its Control
Hainan officials hope low taxes will attract new types of business. For example, hospitals and cosmetic surgery offices could use Hainan to lure well-heeled patients who might seek residency while ... ( read original story ...)
Hong Kong gang on motorcycles threatens HK$400,000 robbery victim with stun gun, knives
Four motorcycle-riding assailants brandishing a stun gun and knives robbed a 39-year-old man of about HK$400,000 (US$52,000) in northern Hong Kong early on Tuesday. A citywide police hunt is under way ... ( read original story ...)
Hong Kong Man Jailed For ‘Doxxing’ Police During Protests
A former Hong Kong telecoms worker was jailed Tuesday for publishing personal details of police officers and their families during the huge pro-democracy protests last year, the first such conviction ... ( read original story ...)
Is the Hang Seng Index or unemployment rate a better predictor of Hong Kong housing prices?
In the last two years, Hong Kong has endured a series of major incidents, from the US-China trade war to the anti-extradition bill and associated social unrest, to the Covid-19 pandemic. The Hong Kong ... ( read original story ...)
Hong Kong leader to travel to Beijing to seek economic aid
Hong Kong leader Carrie Lam will travel to Beijing on Tuesday to meet with Chinese officials to seek help in reviving Hong Kong’s economy and discuss reopening the borders with mainland China as ... ( read original story ...)
Hong Kong wants cryptocurrency trading platforms to be regulated: SFC
Hong Kong will regulate all cryptocurrency trading platforms operating in the financial hub, the city's markets watchdog said on Tuesday, changing its previous "opt in" approach. Financial regulators ... ( read original story ...)
Hong Kong Seen Selling Bills to Mop Up Cash After Ant’s IPO
Hong Kong’s central bank is expected to sell extra debt to soak up liquidity as funds return to the financial system following Ant Group Co.’s initial public offering. ( read original story ...)