Tag: banking

The Hong Kong Monetary Authority has invited public feedback about its central bank issued digital currency, known as e-HKD. ( read original story ...)

Hong Kong is pushing ahead with its exploration of a retail central bank digital currency, launching a discussion paper on the policy and design aspects of a potential e-HKD. ( read original story ...)

Welab Bank, a virtual bank licensed by the Hong Kong Monetary Authority, will launch its Goweath Digital Wealth Advisory for some of its customers. The bank is the first virtual bank in Hong Kong ... ( read original story ...)

The HKMA first announced a plan to study the potential introduction of a digital form of the Hong Kong dollar in June last year The authority has not yet committed to introducing e-HKD, saying it will ... ( read original story ...)

The authority is studying design considerations such as issuance, interoperability with other payment systems, privacy and data protection. ( read original story ...)

Hong Kong’s latest moves to ease travel into the financial hub are getting a lukewarm reception from the business community and airlines. After months of criticism, the government is loosening a ... ( read original story ...)

When Allan Au didn’t post his Wordle score on Facebook one morning this month, his friends began to worry. For Au, a longtime journalist and media trainer in Hong Kong, the ritual was less about ... ( read original story ...)

Hang Seng Bank (OTCMKTS:HSNGY – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com ... ( read original story ...)

The Hong Kong stock market on Tuesday ended the five-day losing streak in which it had plummeted almost 1,650 points or 7.8 percent. The Hang Seng now rests just above the 19,930-point plateau ... ( read original story ...)

Stocks revisit March 15's low as China's go-slow approach on policy easing could leave policy makers behind the curve in arresting economic losses HSBC, BYD Co and Alibaba lead losses while an ... ( read original story ...)

More expats may leave with their families when the school year ends mid-2022. Hong Kong is increasingly becoming a less desirable place to work for expatriates and even for local talent, hampered by ... ( read original story ...)

Hong Kong’s stock exchange is expected to post its biggest quarterly loss in more than five years due to a prolonged slowdown in initial public offerings and plunging stock turnover. ( read original story ...)

To restore Hong Kong's global standing, Lee could do worse than taking his cues from China's five-year plan, which sets out a vision for developing the city into a hub for innovation and cultural ... ( read original story ...)

Investors can subscribe to the three-year, 2.5 per cent bond in minimum lots of HK$10,000 (US$1,275) online from many of the city's banks until 2pm on May 6 An initial tranche of HK$15 billion has ... ( read original story ...)