Renowned financial institution HSBC has entered the blockchain technology industry by making tokenized gold available for retail investors in Hong Kong. This initiative makes HSBC the first bank to ...
Hang Seng Bank unveils HK$33b SME Power Up Fund
Loan offerings include an 80% and 90% guarantee product under the SME Financing Guarantee Scheme, an Innobooster loan, trade finance, revolving loan, and environmentally friendly options such as the ...
Tough security law dims Hong Kong’s lustre
Today it's the other way around, Hong Kong is becoming more like Mainland China, albeit still a far more economically vigorous version. Business is really feeling the pinch from Beijing politics; from ...
Hong Kong education authorities to replace test for English teachers with IELTS, as lawmaker raises concerns over shake-up
Education Bureau says English section of government-organised Language Proficiency Assessment to be scrapped from next school year.
Hong Kong’s TVB reduces losses by 5.5% to HK$763 million, points to cost-cutting efforts
TVB racks up sixth consecutive year of losses although total revenue excluding e-commerce business rises 4 per cent 'We are cautiously optimistic that our Hong Kong TV broadcasting business segment ...
HSBC Brings Tokenized Gold to Hong Kong; Munchables Exploited for $62M
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as HSBC brings its tokenized gold product to Hong Kong, claiming bragging rights for being ...
HKEX’s first woman CEO says Hong Kong’s exchange could name and shame listed companies that stick with single-gender boards
Hong Kong’s stock market is on a losing streak. The Hang Seng Index, the benchmark that tracks the largest companies on the city’s stock exchange, has dropped for four straight years. But the head of ...
Beijing Responds on Hong Kong: ‘Don’t Be a Worrywart’
The foreign ministry blames Western media for deteriorating perceptions of the territory.
First Mover Americas: HSBC’s Gold Token Introduced in HK
The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Pursuing passions: how HSBC steers private banking clients towards acquiring trophy assets through credit advisory solutions
Ultra-high-net-worth individuals are discovering the emotional value of passion assets, with interest in high-value investments on the rise, according to bank.
Fortune Innovation Forum kicks off in Hong Kong
Greetings from the Fortune Innovation Forum in Hong Kong. There have been plenty of discussions about artificial intelligence so far, both in terms of the generative AI that’s dominated headlines and ...
Hong Kong must continue to promote itself to attract international listings, capital and investors, Paul Chan and Bonnie Chan tell forum
Paul Chan, Hong Kong’s financial secretary, and Bonnie Chan, the CEO of bourse operator Hong Kong Exchanges and Clearing, were speaking at Fortune Innovation Forum 2024.
Hana Bank to roll out compensation for Hong Kong-linked ELS losses
Related ArticleWoori to compensate 40 percent of HK-tied ELS investor lossesHK-tied ELS sellers could face full compensation for investor lossesFinancial watchdog to begin another probe into Hong Kong ...
Wealth for Good Summit: Hong Kong fetes guests in latest charm offensive to lure global capital and talent
Hong Kong is sparing no efforts to bolster the city’s role as competition with other regional financial hubs intensifies. The stakes have increased as the city overcame a recession during the Covid-19 ...