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Posted on 04/06/2025

Hong Kong stablecoin law draws mainland attention as Citic anticipates tokenisation boom

The brokerage expects the new stablecoin law to lead to more real-world asset tokenisation projects from mainland firms in the city.

Posted on 04/06/2025

Hong Kong stablecoin rules set global benchmark as supply tops $250 billion

Hong Kong passes landmark stablecoin bill as global market hits $250 billion. City selects major firms for sandbox trials, with HKD-backed coins expected by year-end.

Posted on 03/06/2025

Hong Kong’s 2025 Growth Outlook Cut by AMRO on Trade Uncertainty

Hong Kong’s growth outlook was cut by a regional organization, which urged the city to diversify its economy and trading partners to counter growing protectionism.

Posted on 03/06/2025

Knife-wielding robber flees with ₹40 lakh in Hong Kong bank heist, cops launch manhunt

A masked man injured a bank staffer and escaped with HK$370,000 (approx. ₹40.27 lakhs) in a daylight robbery at a Hong Kong bank.

Posted on 03/06/2025

PayNet, Bank of China team up to simplify financial flows

Payments Network Malaysia Sdn Bhd (PayNet) and Bank of China (Malaysia) Bhd (BOC Malaysia) have inked a memorandum of understanding (MoU) to explore solutions that simplify financial flows between ...

Posted on 03/06/2025

BofA Securities downgrades HSBC on challenges ‘in a more unstable world’

BofA Securities cut its recommendation on the U.K.-based bank HSBC (NYSE:HSBC), citing "upside and downside risks feel balanced" and "possibility of a lower-for-longer HIBOR". HIBOR, or the Hong Kong ...

Posted on 03/06/2025

Ant International Introduces Tokenized Deposit Solutions for Real-Time Treasury Management with HSBC

Ant International has recently announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong.

Posted on 03/06/2025

Hong Kong firms prioritize Mainland China, South Asia for expansion amid US, Europe trade barriers: Report

A recent HSBC survey indicates that Hong Kong firms are increasingly targeting mainland China and South Asia for business expansion, a move perceived as a shift away from the US and Europe due to ...

Posted on 03/06/2025

20 Start-ups Showcase at Hong Kong Tech Pavilion in VivaTech 2025

Presenting Cutting-Edge Solutions and Innovations and Fostering Global Collaborations through Seminars and Networking Events - The Hong Kong Trade Development Council will bring together 20 start-ups ...

Posted on 03/06/2025

Hong Kong firms favour mainland China, South Asia for growth in snub to US, Europe: survey

Half of respondents in an HSBC survey picked mainland China, while one in four chose South Asia as target markets for expansion.

Posted on 03/06/2025

Hong Kong firms favour mainland, South Asia for growth in snub to US, Europe: survey

Half of respondents in an HSBC survey picked mainland China, while one in four chose South Asia as target markets for expansion.

Posted on 03/06/2025

AI Drug Startup Touts Promising Advance in Treating Lung Disease

A drug developed using artificial intelligence showed signs of efficacy in treating an incurable lung disease in what its developer calls a clinical first.

Posted on 03/06/2025

Hong Kong’s real estate market cooled in May, with deals slumping to 3-month low

Transactions fall 11 per cent from a month earlier to 6,434, but value rises 1.3 per cent to US$6.4 billion, according to Centaline.

Posted on 03/06/2025

Mainland help sought in hunt for robbery suspect

Sources said on Tuesday that Hong Kong police are seeking help from their mainland counterparts in the hunt for a suspect in a bank robbery the day ...

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