The Hong Kong Monetary Authority (HKMA), consulting firm Deloitte, and leading trade finance banks in Hong Kong have developed a distributed ledger technology (DLT) proof of concept for Trade Finance. Industry participants include Bank of China (Hong Kong ... ( read original story ...)
Taiwan and Hong Kong: two cultures, one trip
Everyone knows that Hong Kong is the vibrant financial hub of Asia and that Taiwan leads the world with delicious rice noodles and the best cycling environment. But did you know that both destinations offer amazing scenery, trails, and golden beaches along ... ( read original story ...)
Hong Kong’s monetary authority unveils trade finance platform based on blockchain technology
Hong Kong appears set to burnish its credentials as a global trading hub, with its development of a proof-of-concept distributed ledger platform for trade finance using Blockchain technology. The Hong Kong Monetary Authority (HKMA) led this initiative ... ( read original story ...)
Hong Kong's Central Bank Partners on DLT Trade Finance Test
A group of six banks and a global auditing firm have completed a new blockchain trade finance test focused on the Hong Kong market. Revealed today, the group includes participation from the Hong Kong Monetary Authority (the region's de facto central bank ... ( read original story ...)
Hong Kong home prices hit another record high in February
Hong Kong's newly-selected leader Carrie Lam, who will take office in July, said on Tuesday she was "very determined" to tackle the high cost of housing, one of the top concerns of foreign business executives about the city. The government has vowed to ... ( read original story ...)
BOC Aviation buys two Boeing aircraft for $758 mln
HONG KONG BOC Aviation Ltd said on Friday it bought two Boeing 747-8 freighter aircraft for an aggregate list price of $758.2 million, as the aircraft lessor aims to build its balance sheet by investing in modern and in-demand aircraft. BOC Aviation said ... ( read original story ...)
Fly off in comfort to Hong Kong and Taiwan with China Airlines A350
travelling to and between Hong Kong and Taiwan can be almost as much fun as the vacation itself. Introduced in August 2016, the China Airlines A350-900 features three sections – premium business, premium economy, and economy – so there's a seat to fit ... ( read original story ...)