Hong Kong Watch has seen ‘several’ letters to people from their banks and firms telling them their attempt to withdraw pension funds has been rejected ...
Hong Kong regulator reverses its stance on spot crypto investments
Hong Kong’s financial regulator has recently made an important adjustment to its guidance regarding the sale of spot products in the cryptocurrency market. This change allows intermediaries to offer ...
Hong Kong’s SFC Signals New Era Of Virtual Asset Adoption: Will Other Regulators Follow?
Hong Kong's key financial regulator, the Securities and Futures Commission (SFC), released a circular with the Hong Kong Monetary Authority (HKMA) on Oct. 20, acknowledging the rapidly evolving ...
Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch
The development comes as interest in spot bitcoin exchange-traded funds increases and follows a probe into the JPEX exchange for operating without a license.
IPO Roundup: Mach Natural Resources, Prospect Energy Holdings and more
The IPO market was rather quiet last week, with only a few companies making their debuts. It follows the recent highly-touted IPOs of Birkenstock (BIRK), Instacart (CART), and Arm Holdings (ARM), ...
Carrie Lam’s Upcoming Policy Address Touted as A Glimpse into Hong Kong’s Future
Hong Kong, a city known for its towering skyscrapers, vibrant financial market, and bustling population, is on the cusp of a series of potentially transformative policy shifts. This comes as Chief ...
China’s central bank to ‘resolutely curb’ crypto speculation; Hong Kong updates regulations
PBOC to crack down on crypto speculation, as Hong Kong restricts access to certain “complex” virtual asset products.
Perfect match: Hong Kong virtual banks WeLab, Mox, ZA Bank partner with digital insurers amid government fintech push
The moves come as the city’s regulators promote cross-sector fintech development and the city’s eight virtual banks quest to become profitable.
Hang Seng Bank Ltd’s Dividend Analysis
Established in 1933, Hang Seng Bank is a Hong Kong-based financial institution with a rich history. The bank operates three main segments: retail banking and wealth management, commercial banking ...
HSBC Buys back Nearly 3.44M Shrs Ytd for $218M
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.4372 million shares of the company in the Hong Kong market yesterday (12th), at a price of $63.2-63.65 per share... HSBC HOLDINGS ...
Peter Wong Confident on HK’s Ability to Recover from Financial Malaise
Peter Wong, chairman of the Hongkong and Shanghai Banking Corporation, said he remains highly confident on Hong Kong's ability to recover from its current predicament, stating ... Peter Wong, chairman ...
Forget About Tech. Shiyue Daotian Cooks Up Hot IPO With Premium Rice
Shiyue Daotian has sizzled in the week since its trading debut, as investors bet on its position as one of China’s top premium rice sellers The company’s pre-IPO backers include such big names as ...
Hong Kong Stocks End The Week In A Rout As China’s Central Bank Pumps $100 Billion Into Banking System Ahead Of Long Weekend
Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets. Investors also focused on bank earnings next week which they expect to be ...
Hong Kong Monetary Authority admits short-changing buyers of shredded banknote paperweights found to be light on cash content
Authority said paperweights, sold about six years ago, also contained pebbles, which reduced the amount of space for shredded cash Labels said the novelties contained about HK$138,000 in cash, but ...