Hong Kong's first HKD stablecoin went live on Aug. 12, but only institutions can hold it. Retail waits until late 2026.
Hong Kong to list first Shanghai free-trade zone bond to defend yuan hub status
HKEX announces that a Shanghai Electric subsidiary is set to list a 1.5 billion yuan green bond later this month Hong Kong is set to welcome its first Shanghai free-trade zone offshore bond, using the ...
China’s biggest broker said to mull more consolidation in Hong Kong
Hong Kong granted its first stablecoin issuer licenses to HSBC Holdings plc and a Standard Chartered plc joint venture earlier this year.
Private banking
Latest news and features on private banking, including wealth management, the Hong Kong economy and billionaire and millionaires.
China chip designer Kiwimoore plans Hong Kong IPO at $2 billion valuation, sources say
By Ziyi Tang and Kane Wu BEIJING/HONG KONG, Aug 12 (Reuters) - Chinese chip designer Kiwimoore has confidentially filed for a Hong Kong initial public offering, targeting a valuation of about $2 ...
What comes next for Hong Kong as a global financial hub?
Hong Kong needs more yuan products, commodity trading infrastructure and fintech innovation, market participants say What will a stronger international financial centre look like for Hong Kong?
China’s tax enforcement disrupts financial hubs from Hong Kong to New York
China enforces retroactive 20% tax on offshore trusts and insurance policies, rattling Hong Kong's $2.9 trillion wealth hub and global financial ...
Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in Shenzhen
The branch is set to focus on specialised cross-border financing for tech corporations targeting overseas expansion Fubon Bank (Hong Kong) has opened its first branch outside its home market, moving ...
In FocusWhat comes next for Hong Kong as a global financial hub?
What will a stronger international financial centre look like for Hong Kong? Doubling down on yuan internationalisation is a key focus, experts say in this second of ourfive-part series on the city’s ...
HKDAP Stablecoin Debuts in Hong Kong’s Regulated Digital Currency Market
Anchorpoint's HKDAP stablecoin launches in Hong Kong for institutional payments, cross-border transfers, and tokenized asset settlement under HKMA license.
Hang Seng opens flat at 3,242: what the stillness signals for investors
Hong Kong opened within a fraction of a point of Wednesday's 3,242 close, a rare standstill that says money is parked until Beijing shows its next policy card. Shanghai sitting tight near 3,946 ...
Exclusive-HSBC global insurance business head Moncreiffe to leave, sources say
HSBC's global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, according to two people with direct knowledge of the ...
Hong Kong’s tax-cut reform to exclude proprietary trading firms
The Hong Kong government said on Wednesday that tax benefits for fund managers and family offices proposed in a bill being considered by the legislative council of the Asian financial hub will ...
Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO
HONG KONG/LONDON, Aug 12 (Reuters) - Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether ...