Announcement of delay comes as city expected to record its fourth deficit exceeding HK$100 billion Chan says government needs to complete feasibility studies and come up with mitigating measures for ...
Hong Kong attracts 22 applicants for crypto exchange licences
The world’s largest exchange Binance was absent from the list, as was Coinbase and Kraken. Read more at straitstimes.com.
US Envoy Warns Hong Kong Is Moving to China-Style Internet Curbs
The top US diplomat in Hong Kong sounded the alarm over growing internet censorship in the city, underscoring fears China’s crackdown on freedoms is diminishing the hub’s appeal as a global finance ...
HSBC HOLDINGS Buys back 6.95M+ Shrs for HKD422M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.9515 million shares of the company yesterday (29 February) in the UK and Hong Kong markets for a total amount of... HSBC HOLDINGS ...
Hang Seng Bank expresses support of budget measures for SME, financial market
Amongst initiatives were the advancement of digital finance and support for SMEs. Hang Seng Bank has expressed support for the Hong Kong government’s new budget measures, particularly those designed ...
Hong Kong must embrace green finance as both opportunity and responsibility, monetary authority CEO says
It’s not just about addressing a global issue that might affect everybody, it’s also about protecting our people in our own land,’ Eddie Yue says.
ZA Bank officially unveils US stock trading service in Hong Kong
Customers of ZA Bank’s US stock trading service will also be able to trade directly without the hassle of making transfers, Transactions are directly debited or credited to their savings accounts. The ...
Elon Musk’s xAI startup targets valuation as high as $20B: sources
Musk is raising the funds at a valuation that would likely be between $10 billion and $20 billion for the company behind the snarky chatbot Grok.
Florida man pleads guilty to smuggling thousands of turtles to Hong Kong and Germany
A Florida man pleaded guilty to smuggling thousands of turtles to Germany and Hong Kong, and falsifying documents to conceal his crimes. John Michael Kreatsoulas, 36, of Alva, Florida, sold wildlife ...
Hong Kong budget 2024-25: treasury chief champions HK$600 billion bond issuance plan, vows safeguards to be put in place
Government anticipates strategy will help achieve budget surplus for 2025-26 financial year, with authorities to issue silver, green and infrastructure bonds over next five years Treasury chief ...
Hong Kong Scraps Duties to Thaw Frozen Property Market
Hong Kong’s “cooling” measures have been so effective that ... You can find the link to that half-hour business show here or on Spotify here. The move is overdue. And it will take time to filter ...
Hong Kong pledges $383M for cyberport AI development boost
The Hong Kong government has announced a substantial investment of 3 billion Hong Kong dollars ($383 million) into its Cyberport business park. This funding is part of a three-year artificial ...
How Hong Kong turned its back on capitalism – and is paying a terrible price
Hong Kong’s Financial Secretary, Paul Chan, on Wednesday announced the first increase in income tax in the region in 20 years as authorities scramble to fill a growing budget blackhole. In a surprise ...
Hong Kong, Singapore, Japan regulators welcome tokenisation push, call for closer alliance with private sector
Regulators from Hong Kong, Japan and Singapore welcome the trend of tokenisation as a means to promote efficiency, disintermediation, liquidity and financial inclusion in markets.