Hong Kong has passed a stablecoin bill to expand its cryptocurrency licensing regime as more governments recognize the digital assets.
Casino Magnate Lawrence Ho Invests In Hong Kong Real Estate Broker IFCX
Lawrence Ho’s investment in IFCX marks his latest bet beyond the casino empire he built across Macau, the Philippines, Cyprus and Sri Lanka.
Hong Kong to be global hub for ‘patient capital’ by nurturing tech start-ups: Paul Chan
Hong Kong is in a prime position to be a global hub for “patient capital”, an investment strategy that takes a longer view and is driven by “purpose and impact”, as it continues to advocate for ...
ZA Bank welcomes passage of Hong Kong stablecoins bill
They are engaged in in-depth discussions with several potential stablecoin issuers. ZA Bank welcomes the passage of the stablecoins bill by Hong Kong authorities. In a statement, the Hong Kong-based ...
Xpeng’s Hong Kong shares have gained nearly 80% this year. The rally is far from over, analysts say
The company is a key player in China's hypercompetitive EV market, but has struggled to turn a profit amid rising competition and sluggish domestic demand.
Hong Kong public schools face ‘alarming’ 10% cut in grant amid city’s budget deficit
Hong Kong’s public primary and secondary schools will experience a 10 per cent reduction in government funding for the upcoming academic year. Some industry stakeholders have described these cuts as ...
HKIC says some firms in its portfolio have IPO plans
The SAR government investment vehicle on Thursday revealed that several of the companies it has invested in are considering or have filed ...
Hong Kong Passes Law to Regulate Fiat-Pegged Stablecoins
The new law introduces a licensing regime for stablecoin issuers as the city seeks to balance crypto innovation and investor protections.
Citi launches AI tools for Hong Kong employees
CITIGROUP has launched Citi AI, a suite of artificial intelligence (AI) tools for its employees in Hong Kong, the bank said on Thursday. Read more at The Business Times.
Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue
The company is a key player in China’s hypercompetitive EV market, but has struggled to turn a profit amid rising competition and sluggish domestic demand.
Hong Kong Ramps Up Tax Checks on Private Equity, Venture Funds
Hong Kong authorities are intensifying tax checks of private equity and venture funds as the Asian financial hub faces pressure to plug deficits.
Hong Kong passes stablecoin law, clearing way for licensed issuers to sell to public
Law sets up a ‘risk-based, pragmatic, and flexible regulatory regime’ with public protection in mind, head of city’s monetary authority says.
Hong Kong Dollar Amid ‘Asian Financial Crisis In Reverse’
The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. Read more ...
Some Hong Kong reporters and news outlets are targeted by unwarranted tax audits, media group says
A media group in Hong Kong says tax authorities have targeted at least 20 people, including journalists, current or former heads of media organizations and their families, with audits without ...