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Posted on 02/11/2023

Yedpay lead the future of payment technology

Empowering businesses with technology for real-time cash flow HONG KONG SAR - Media OutReach - 2 November 2023 - Hong Kong's leading payment technology company, Yedpay ...

Posted on 02/11/2023

Asia’s First Gay Games to Kick Off in Hong Kong

Set to begin on Friday, the event is fostering hopes for wider LGBTQ+ inclusion in the regional financial hub.

Posted on 02/11/2023

Asia’s first Gay Games to kick off in Hong Kong, fostering hopes for wider LGBTQ+ inclusion

Hong Kong is set to launch Asia's first Gay Games on Friday, fostering hopes for wider LGBTQ+ inclusion in the Asian financial hub ...

Posted on 02/11/2023

Hong Kong stocks jump on Fed’s ‘dovish pivot’ as Henderson Land, Hang Seng Bank drive best market rally in a week

The Hang Seng Index tracks overnight gains in US equities after the Fed and HKMA kept their key rates on hold in boost to businesses, homeowners Some fund managers see the Fed on holding pattern going ...

Posted on 02/11/2023

New generation of fintech and banks ‘a great marriage’, HSBC Hong Kong chief says

HSBC is a strong supporter of Hong Kong’s start-up ecosystem, home to some 800 fintech companies. In addition to sponsoring various pitch programmes that provide start-ups with the chance to secure ...

Posted on 02/11/2023

Hong Kong keeps base rate steady at 5.75%, giving businesses, homeowners a leg up while city’s economy regains strength

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday, according to statement from the de facto central bank. Hours earlier, the Fed left its target rate in the ...

Posted on 02/11/2023

Signal: Hong Kong leading the charge on digital currency after pilot

Hong Kong’s Monetary Authority (HKMA) yesterday (30 October) released the Phase 1 Report for its e-HKD Pilot Programme, with promising results.  The programme, which began in May of this year, is ...

Posted on 02/11/2023

North Korea Close Embassies in Spain, Hong Kong, and Africa as Sanctions Deepen Financial Woes

North Korea is closing several embassies, including those in Spain, Hong Kong, and multiple African countries, as a result of financial struggles caused by international sanctions. This move, which in ...

Posted on 02/11/2023

Visa completes digital Hong Kong dollar pilot test with local banks

Payment processor Visa has completed the Hong Kong Monetary Authority's central bank digital currency (CBDC) Pilot Programme with HSBC and Hang Seng Bank. According to the November 1 announcement, the ...

Posted on 02/11/2023

Chinese arrivals replace Hong Kong exodus. For them, the city is still freer than the mainland

The exodus of tens of thousands of professionals from Hong Kong triggered by a crackdown on its civil liberties is being offset by new arrivals: mainland Chinese keen to move to the former British ...

Posted on 01/11/2023

Hong Kong property in double trouble after government rejects bids for Tung Chung site, deal flow in Oct at 7-year low

The Hong Kong government rejected all four tenders for a residential site, as they "did not meet the government's reserve price for the site" Hong Kong's property transaction volumes in October fell ...

Posted on 01/11/2023

China Critics Condemn Biden’s APEC Invite to Hong Kong

Human rights leaders are taking strong exception to the Biden administration’s decision to invite a member of the Hong Kong government to attend an ...

Posted on 01/11/2023

Hong Kong student group alleges attempted forced entry of properties amid lawsuit over ownership

The Hong Kong Federation of Students (HKFS) has filed a police report after suspecting that a group of unknown men had tried to forcefully enter two of its properties. The alleged forced entry took ...

Posted on 01/11/2023

Hong Kong stocks slip as ICBC leads slump among Chinese banks amid earnings, credit risks in property market

Hong Kong stocks fell, led by losses in mainland China’s biigest lenders including Bank of China and Industrial and Commercial Bank of China (ICBC) amid concerns about their loan exposure to the ...

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