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Tag: banking

Posted on 10/02/2025

Hong Kong legislator urges expansion of virtual asset derivatives and futures markets

Li Weihong wants the Hong Kong government to accelerate license approvals for virtual asset platforms and allow the Futures Exchange to have 23-hour trading.

Posted on 09/02/2025

Standard Chartered blocks Hong Kong exiles from accessing pensions

The bank has frozen £20 million of savings of British National (Overseas) passport holders who fled repressive national security laws.

Posted on 08/02/2025

Hong Kong government recognizes Bitcoin and Ethereum as proof of assets for investment immigration applications

The Hong Kong government has approved the use of BTC and Ethereum for immigration applications. Travelers can use these coins as proof of assets required by authorities. The move comes after two ...

Posted on 08/02/2025

Hong Kong continues to suspend packages for US as it seeks clarification over tariff

Hong Kong’s post office has announced it would continue to suspend shipping items containing goods to the United States until further notice ...

Posted on 08/02/2025

Hong Kong green financing steering group unveils 2025 priorities

The group group is led by the HKMA and the SFC. The Green and Sustainable Finance Cross-Agency Steering Group announced three key priorities for this year to foster the growth of sustainable finance ...

Posted on 07/02/2025

Exclusive-Shein poised to slash valuation to $50 billion in London IPO, sources say

Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the ...

Posted on 07/02/2025

Wiki Finance Expo Hong Kong 2025: Asia’s premier fintech and Web3.0 summit returns on March 27

The highly anticipated Wiki Finance Expo Hong Kong 2025 is set to take place on March 27, 2025, at The Sky 100 Hong Kong Observation Deck, International Commerce Center (ICC). As the largest and most ...

Posted on 07/02/2025

‘Countries like Hong Kong…’: Financial advisor calls for making capital gains tax 0%, triggers debate

His post sparked widespread discussion, with many agreeing with his stance. Some, however, proposed a more measured approach. One user on X argued that while lower capital gains tax could attract ...

Posted on 07/02/2025

HSBC to disclose 2024 results, mulls interim dividend

PLC (HKSE:0005) has announced that a committee of its Board of Directors will convene on February 19, 2025, to discuss the final results for the year ended December 31, 2024, and to deliberate on the ...

Posted on 07/02/2025

Hong Kong: an epicentre for global family offices

As a leading international financial centre, Hong Kong is solidifying its position as the premier destination for establishing family offices.

Posted on 07/02/2025

HSBC cuts New World price target, suggests debt plan, capital injection to calm investors

Stock has lost 37 per cent, or about US$822 million in market value, since late November as a management shake-up failed to calm investors.

Posted on 07/02/2025

Hong Kong to Complain to WTO on U.S. Tariff Decision

HONG KONG (Reuters) - Hong Kong said on Friday it would file a complaint with the World Trade Organisation (WTO) on a U.S. decision to impose 10% tariffs on goods from the Asian financial hub as U.S.

Posted on 07/02/2025

US tariff hike adds pain for Hong Kong manufacturers banking on American market

New levy threatens to eliminate thin profit margins for small and medium-sized enterprises struggling to diversify away from crucial American market.

Posted on 07/02/2025

People are only just realising what HSBC bank actually stands for

HSBC has been around for a long time - but some people might be surprised to learn that the name actually stands for something ...

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