Tag: finance

Hong Kong’s appeal as a virtual banking hub will soon be put to the test, as the first round of licence approvals – due by the end of the year – will enable new competition in a city that ranks as one ... ( read original story ...)

Other major banks who participated in the development of the platform – facilitated by Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) – included Agricultural Bank of China ... ( read original story ...)

DBS and OCBC are regional pioneers in fintech and innovation. Singapore retained the top spot in Asia's' open banking readiness index amidst proactive decisions by the city state's regulators to embra... ( read original story ...)

The planned bill sale by the People’s Bank of China (PBOC) in Hong Kong next week, the central bank’s first step towards creating a offshore monetary policy, will improve market transparency and help ... ( read original story ...)

The aim of eTrade Connect, as it is called, is to modernise the world’s trade finance network, which was worth around $9 trillion in 2017. Despite its size, the market is outdated and largely paper-ba... ( read original story ...)

Hong Kong’s financial watchdog unveiled on Thursday a comprehensive set of regulations governing cryptocurrencies in a move to enhance investor protection which analysts believe could help make the ci... ( read original story ...)

The current value of the CCI is 20. This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago. HANG SENG INDEX closed up 436.311 at 25,416.000. Volume was 18% above average (n... ( read original story ...)

Hong Kong’s financial watchdog will today unveil a comprehensive set of regulations governing cryptocurrencies in a move that could help make the city a major trading centre for virtual assets. The ne... ( read original story ...)

Hong Kong has launched its blockchain-based trade finance platform, aimed at digitising open account transactions and reducing fraud. eTradeConnect was unveiled today at the Hong Kong Fintech Week. It ... ( read original story ...)

Hong Kong and China markets both ended higher on Wednesday, shrugging off China’s worse-than-expected reading for manufacturing activity for October. The Hang Seng Index rose 1.6 per cent, or 394.16 p... ( read original story ...)

Other major banks who participated in the development of the platform - facilitated by Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) - included Agricultural Bank of ... ( read original story ...)

The last signal was a sell 17 period(s) ago. Rex Takasugi – TD Profile HANG SENG INDEX closed down -226.510 at 24,585.529. Volume was 14% above average (neutral) and Bollinger Bands were 27% wider tha... ( read original story ...)

China's central bank said on Wednesday that it will issue a total of 20 billion yuan ($2.87 billion) of bills out of Hong Kong next month, its first issuance in the former British colony, the world's ... ( read original story ...)

China's finance ministry has previously issued government bonds in Hong Kong, but the sale announced on Wednesday will be China's first-ever sale of central bank bills in the territory. In October 201... ( read original story ...)