Bank of Singapore (BoS) has appointed Ronnie Cheung as the chief operating officer (COO) of its Greater China, Hong Kong branch. Cheung comes with over 20 years of industry experience and was most ...
HK has a bright future as financial centre: SFC chief
Tim Lui, has brushed aside claims that Hong Kong is no longer an international financial hub, saying the SAR is still highly attractive to investors. On the sidelines of the “two sessions” in Beijing, ...
Hong Kong’s domestic security bill: day 3 of marathon discussion of home-grown legislation covers state secrets, espionage and sabotage
At least 40 per cent of home-grown national security legislation has gone through scrutiny by third day of discussions.
Hong Kong is not over: CY Leung
Hong Kong is not over and has many “new irons in the fire” including the potential to develop a larger maritime finance sub-sector, according to ...
Hong Kong launches project to test WCBDC and tokenized deposits
Hong Kong is accelerating its exploration of digital currencies and tokenization with the announcement of “Project Ensemble” by the Hong Kong Monetary Authority (HKMA). This initiative aims to assess ...
Hong Kong police arrest 3 suspected of forgery and theft after seizing 28 stolen identity documents and bank cards
Two men and one woman arrested after force raided a flat in Hoi Lai Estate of Cheung Sha Wan and seized 28 stolen identity documents and bank cards.
Hong Kong central bank unveils Project Ensemble for tokenization
The Hong Kong Monetary Authority launches a wholesale CBDC project to support tokenized asset transactions and financial innovation.
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.
Signed documents without knowing illegality, Truong My Lan’s Hong Kong tycoon husband claims
Eric Chu, husband of Van Thinh Phat chairwoman Truong My Lan, said he only signed documents to help Saigon Commercial Bank overcome difficulties and did not know he was violating the law by doing ...
Zhu Su pumps Milady to $19K, Alchemy Pay crypto bank, HK tokens: Asia Express
Zhu Su helps pump Milady floor price, Singapore's Alchemy Pay to open crypto bank, Hong Kong to tokenize financial services: Asia Express.
JPM Outsources HK, TW Custody Biz to HSBC, STANCHART Respectively
According to Reuters reports, a JPMorgan Chase (JPM.US) spokesman said the company has outsourced the operation of its custody business in Hong Kong and Taiwan to HSBC HOLDINGS (00... JPMorgan is the ...
Unlike Singapore, Hong Kong would not be able to pay for Taylor Swift concerts with taxpayer funds without disclosing amount: ex-city leader CY Leung
I don’t think the Hong Kong government can get away with paying taxpayers’ money, whatever the cause is, without telling people how much,’ ex-city leader CY Leung says.
Hang Seng Bank joins HKMA’s Wholesale Central Bank Digital Currency Project
The project will expand the use of tokenised money in Hong Kong. Hang Seng Bank has joined the Wholesale Central Bank Digital Currency Project (wCBDC Project), an initiative by the Hong Kong Monetary ...
Stress and despair: new year, old wounds for Hong Kong bankers with IPO market in slump and windfalls elude investors
The environment is very stressful right now, particularly for young investment bankers, says Jerry Chang, a consultant at Barons & Co The landscape has shifted considerably since the last quarter, ...