The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve.
Hong Kong Approves Four New Crypto Exchanges, ‘Positioning Itself As A Key Hub,’ Expert Says
Hong Kong's securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city's efforts to position itself as a digital asset hub. What Happened:The approvals ...
Hong Kong’s Family Office Evolution: Building Bridges With The Middle East Through Legacy And Innovation
“Hong Kong is already excellent at serving corporate and family wealth. When a family sets up a family office here,” Fong says, “they can easily expand their business into China or reach international ...
U.S. warns Hong Kong banks over deals with Russia
The discussions reportedly included representatives from the region's largest banks, namely HSBC, Standard Chartered, and Bank of China, one source told the publication. Nikkei noted that the meeting ...
Economic Watch: Confidence in Hong Kong builds up with record presence of multinationals, startups
Cool River Venture HK Limited, a subsidiary of Zhang Yiming, the co-founder of internet giant ByteDance, has been granted a Type 9 asset management license by the Securities and Futures Commission ...
Hong Kong’s New World asks banks to extend loan due dates, Bloomberg News reports
Hong Kong property developer New World Development is in talks with banks to extend the due dates of some bilateral loans, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Hong Kong approves four more cryptocurrency exchanges
Hong Kong's securities regulator on Wednesday approved four cryptocurrency exchanges in the city's latest effort to stay competitive in a race to become a global centre for digital asset trading.
Hong Kong Builder New World Asks Banks to Extend Loan Due Dates
Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.
US warns Hong Kong banks against cooperation with russia
US Deputy Secretary of the Treasury Jesse Baker held a meeting with representatives of leading financial institutions in Hong Kong. The purpose of the meeting ...
Hong Kong watchdog searches finance firms’ offices in Nasdaq listings probe
HONG Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq exchange, according to people ...
HKSTP Bringing Largest Ever Delegation of Hong Kong Tech to CES 2025 Highlighting Latest Solutions to Global Challenges
Homegrown tech companies sprawling influence and scouting international opportunities while offering a glimpse into the next steps of Global Booster Hong Kong, SAR--( - December 18, 2024) - Hong Kong ...
Gotta catch ’em all: Hong Kong targets ‘unfair’ claw machines
In Hong Kong, claw machine operators do not need a license to set up shop. In the case of the man who bided for the waffle maker, he had used a claw machine that promised "instant prizes" - the waffle ...
Hong Kong records first rise in new listings since 2020, as Beijing’s policy pivot refuels optimism
Beijing's stimulus package has refueled companies' interest in raising capital in Hong Kong and lured back some foreign capital funds, experts said.
Hongkong Land Launches Next-Generation Tenant Engagement Service for the Professional Community in Central
The new app delivers a highly personalised user experience and includes new features, content and services to enhance the working lives of professionals in the Central Portfolio The launch comes as ...