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As mainland China broadens yuan’s global appeal, Hong Kong may play larger role
With geopolitics making overseas use of the yuan more common, a professor has said the time is now for Hong Kong to have a greater role in the currency’s offshore settlement.
Hong Kong Police Crack Down on Crypto Fraud: Four Arrested, Including Teenager, in HK$11 Million Scheme
In a significant move against financial fraud, Hong Kong police have apprehended four individuals, including a 14-year-old, linked to a syndicate involved in defrauding cryptocurrency owners with ...
Hong Kong Legislator Considers Bitcoin for Financial Reserves
Hong Kong Legislative Council Member Johnny Ng has unveiled plans to explore the feasibility and benefits of incorporating Bitcoin into the financial reserves of Hong Kong. This initiative reflects ...
Why Hong Kong’s property market isn’t all doom and gloom
Hong Kong’s real estate sector has endured a series of shocks, yet it is far more resilient than dire reports of its state might suggest.
Hong Kong Legislator Pushes to Make Bitcoin Part of Fiscal Reserves: A Bold Move for Digital Gold
Hong Kong Legislative Council Member Johnny Ng has unveiled plans to explore the integration of Bitcoin into the particular administrative regions financial reserves. Ngs initiative aims to position ...
{Hot Stocks}HANG SENG BANK(00011) quoted at HK$104, up 3.2%
[ET Net News Agency, 29 July 2024] HANG SENG BANK (00011) rose 3.2% to HK$104, breaking above the 10-D SMA of HK$101.385. It hits an intra-day high of HK$104, hitting an 1-month high, and an intra-day ...
Hong Kong stocks jump after China industrial profits rise, eyes on Politburo meeting
Hong Kong stocks advanced after upbeat industrial profits data and hopes of more supportive policies from the coming Politburo meeting lifted sentiment.
Hong Kong: HKMA Chief Eddie Yue Reappointed, Commits to Stability and Expansion in Financial Sector
Eddie Yue, the Chief Executive of the Hong Kong Monetary Authority (HKMA), has been reappointed to his role for another five-year term starting in October.
Hong Kong set to post growth for second quarter, as exports expand 12.5%
City will also cultivate new productive forces, finance chief says, but economists caution against excessive optimism.
Hong Kong’s economy to show growth in Q2: Financial Secretary
Hong Kong’s economy is expected to show continued growth in the second quarter of this year, Financial Secretary Paul Chan Mo-po said on Sunday (July 28), citing increased exports and overall ...
Why an IPO recovery would mean so much to Hong Kong
After a disappointing few years for initial public offerings (IPOs) in Hong Kong, there are some early signs of a revival. Six listings in the week of July 8 made for the year’s busiest week of IPOs.
Defying downturn, auction houses bid high on Hong Kong
Sotheby's on Thursday unveiled showrooms at an upscale mall in Hong Kong's finance district, a two-storey space previously occupied by fashion label Giorgio Armani. "We envision for this ...
HANG SENG BANK (00011.HK) Buys Back 200K Shrs for $20.38M
HANG SENG BANK (00011.HK) disclosed in its statement that on 24 July, it repurchased 200,000 shares on the Hong Kong Stock Exchange at a price ranging from $101.3 to $102.3 per share, involving about ...