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Tag: banking

Posted on 27/06/2025

BOC-NAIA reminds passengers about bringing excessive money

THE Bureau of Customs-NAIA headed by District Collector Atty. Yasmin Mapa is reminding air travelers to know the regulations about bringing excessive money out of the country. The reminder came after ...

Posted on 27/06/2025

Hong Kong Launches Digital Assets Policy 2.0 to Boost Tokenization

Hong Kong launches Digital Assets Policy 2.0 to expand tokenization, enforce stablecoin licensing, and foster blockchain innovation.

Posted on 27/06/2025

Person connected to HSBC’s Wong buys luxury flat in Hong Kong for US$15.9 million

A person connected to veteran HSBC banker Peter Wong Tung-shun bought a luxury unit in Hong Kong’s Southern district for HK$125 million (US$15.9 million), as sentiment in the city’s property market ...

Posted on 26/06/2025

Shanghai Gold Exchange launches first offshore vault in Hong Kong

The Shanghai Gold Exchange opened its first offshore warehouse in Hong Kong on Thursday, a move that is likely to bolster the international trading of its contracts. The vault witnessed several ...

Posted on 26/06/2025

Hong Kong’s SFC updates digital asset development framework

The Hong Kong government has released its Policy Statement 2.0 on the Development of Digital Assets in the country.

Posted on 26/06/2025

Hong Kong Releases Policy Statement 2.0 to Cement Role in Digital Assets Leadership

Hong Kong released its Policy Statement 2.0 to regulate digital assets, license stablecoins, and expand tokenization efforts.

Posted on 26/06/2025

BOC-NAIA intercepts undeclared currencies at NAIA 3

During a routine screening of the passenger's baggage, bundles of cash concealed inside the luggage were uncovered.

Posted on 26/06/2025

China Opens First Offshore Gold Vault in Hong Kong

The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Most Read from BloombergUS Renters Face Storm ...

Posted on 26/06/2025

Hong Kong’s IPO market is on fire; these 3 factors are driving the boom: HSBC

Beijing is keen to support some Hong Kong-listed red chip companies to list in the mainland, Steven Sun from HSBC Qianhai Securities says valuation gap between A and H shares as well as regulatory ...

Posted on 26/06/2025

Hong Kong Is Future-Proofing Its Crypto Ambitions With a New Policy Push

Hong Kong has released a new digital asset policy to expand its crypto ecosystem. The statement builds on its 2022 framework and introduces the “LEAP” ...

Posted on 26/06/2025

Hong Kong stocks slip as HKMA currency intervention stokes rate concerns

Banks and developers pace losses; HKMA had forewarned that intervention to halt local currency weakness would tighten liquidity and pressure rates.

Posted on 26/06/2025

China opens first offshore gold vault and contracts in Hong Kong

Trading will be conducted in yuan and settled by cash or physical delivery, including to the new vault operated by Bank of China Ltd.’s Hong Kong unit, the SGE said in a statement ...

Posted on 26/06/2025

Insurer FWD Plans to Raise Over $400 Million in Hong Kong IPO

FWD Group, an insurer backed by Hong Kong’s richest family, plans to raise over US$400 million via an initial public offering, joining the wave of companies flocking to tap the city’s market. The ...

Posted on 26/06/2025

Hong Kong’s De Facto Central Bank Intervenes as Currency Hits Weak End of Trading Range

The city's currency is pegged in a narrow range of 7.75-7.85 to the greenback, and the Hong Kong Monetary Authority (HKMA) intervenes at both ends to underpin the peg. HKMA's intervention comes after ...

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