Asia-Pacific markets are set for a mixed open as investors return from a strong week and look forward to major central bank meetings scheduled ahead. The U.S. Federal Open Market Committee (FOMC) ...
China, HK stocks close roughly flat as investors brace for fresh data
China and Hong Kong shares closed roughly flat on Monday as investors brace for fresh data this week, which will likely add to concerns over the economic health of the world's second-biggest economy.
Hong Kong Plans to Launch Regulatory Framework for Stablecoins by 2024
Hong Kong Monetary Authority (HKMA), the city’s central bank, has conducted a public consultation on a regulatory framework for stablecoins, Chen Haolian, deputy director of Financial Services and ...
BOCI issues first tokenized notes in Hong Kong
Bank of China’s investment bank BOCI has issued 200 million yuan (US$28 million) fully digital structured notes, making it the first Chinese financial institution to issue a tokenized security in Hong ...
HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation ...
Explainer – what is the ‘dual-counter model’ and why should investors care about Hong Kong’s latest equity innovation?
The yuan share trading counter programme, initially covering 24 stocks with US$154 billion market capitalisation, will attract both mainland and international investors Hong Kong has close to 1 ...
Most Hong Kong stocks slip before weaker China factory, retail data while traders bet on Fed rate pause
Most blue-chip stocks weaken before reports signalling a slowdown in industrial production and retail sales in China. Traders bet the Fed will pause after raising its key rate in the past 10 ...
Hong Kong accountant reports losing HK$27 million as city marks surge in investment scams
Scam trend continues as victims aged 14 to 86 report losses totalling HK$708.6 million from January to April Cryptocurrency scams rose, with victims reporting losses of HK$416.6 million; more ...
As retail investors rush back into Hong Kong stocks, market bulls face Fed test and strategists warn of pitfalls
Retail investors have been buying Hong Kong stocks amid market weakness, while more funds pour into exchange-traded products tracking technology stocks. That optimism will be tested by the Fed rate ...
Hong Kong taking lead role in globalisation of renminbi with expansion of bilateral trading and new products: finance chief
Financial Secretary Paul Chan says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in city, ...
Week In Review: Shanghai HighTide Therapeutics Files For Hong Kong IPO
Summary Shenzhen HighTide Therapeutics filed for an IPO on the Hong Kong Exchange to develop a portfolio of novel multifunctional drugs for metabolic and digestive diseases.Shanghai Fosun Pharma will ...
Hong Kong takes leading role in globalisation of renminbi with expansion of bilateral trading and new products, finance chief says
Financial Secretary Paul Chan says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in city, ...
Hong Kong takes leading role in globalisation of renminbi with expansion of bilateral trading and new products
Financial Secretary Paul Chan Mo-po says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in ...
‘HK must play key role in RMB’s internationalisation’
Financial chief Paul Chan said on Sunday that Hong Kong must seize the opportunity to develop offshore renminbi businesses as the currency’s ...