Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping ...
Hong Kong on fast track to emerge as green finance hub
Hong Kong launched the Pilot Green and Sustainable Finance Capacity Building Support Scheme in 2022 to subsidize training in green and sustainable finance. Beyond developing local talent, the city has ...
Most see cost-cutting moves as inadequate in ‘mild’ Hong Kong budget: survey
More than half of people are unhappy about the Hong Kong government’s budget, with nearly 70 per cent of respondents calling measures to boost revenue inadequate, a survey has found.
HSBC picks commercial banker as CIB sustainability chief
HSBC has chosen the global head of sustainable finance and transition for its new corporate and institutional bank. Natalie Blyth, global head of commercial banking sustainability, has been appointed ...
BOC Hong Kong Schedules Board Meeting for Financial Review and Dividend Decision
BOC Hong Kong (Holdings) ( ($HK:2388) ) has shared an update. BOC Hong Kong (Holdings) Limited announced that its Board of Directors will convene ...
Bank of America cuts 16 investment bankers in Hong Kong in global trim, sources say
Bank of America has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its dealmaking workforce, three sources with knowledge of the matter told Reuters on ...
Shanghai Commercial Bank bets on alternative data to serve Hong Kong SMEs
Shanghai Commercial Bank is a subsidiary of the Taiwan-based Shanghai Commercial and Savings Bank. Together, the two banks partner closely with the Bank of Shanghai in mainland China and are part of ...
Hang Seng Bank becomes green partner of HKSTP
They will develop two programmes to promote sustainability in businesses. Hang Seng Bank has become a ‘green partner’ of the Hong Kong Science and Technology Parks Corporation (HKTSP), reportedly the ...
HK’s digital hub goals woo global investors
Hong Kong's revamped Capital Investment Entrant Scheme (CIES) now accepts Bitcoin and Ether as legitimate proof of the required HK$30-million net worth for investment visas, according to the city's ...
Four more former Citigroup traders sue bank for wrongful dismissal in Hong Kong in 2019
Four former Citigroup Inc. equity sales traders filed wrongful termination claims against the US bank in Hong Kong this month, after a court in the city ruled that one of their ex-colleagues shouldn’t ...
Savings from Hong Kong transport scheme revamp ‘insignificant’: Legco research arm
Legislative Council Secretariat also says decision to freeze civil servant pay expected to save about HK$8.7 billion in coming financial year Savings brought about by Hong Kong's revamp of its HK$2 ...
Hong Kong announces FY25-26 budget, with measures to tackle budget deficit
The region is set to reduce recurrent expenditure by 7% cumulatively from now through FY27-28 to combat the deficit.
Taking Forward Reforms to the Hong Kong Listing Regime
In the recently released 2025-2026 Budget, the Hong Kong Government has mentioned that it will further strengthen the city’s role as a leading international financial centre. It extends various ...
HSBC puts bankers on ‘gig economy’ contracts amid scramble to cut costs
HSBC has put some staff on short-term “gig economy” contracts as part of an aggressive cost-cutting drive overseen by its new chief executive.