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Tag: finance

Posted on 19/05/2023

Hong Kong exchange to roll out new dual counter model in June

The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on June 19, wherein investors would be able to begin interchanging securities listed in both Hong Kong ...

Posted on 19/05/2023

Hong Kong Baptist University begins ChatGPT trial for teaching staff, but professors wary over lack of guidelines for AI use

Access to be granted without need for VPN under agreement with Microsoft, which backs company behind powerful tool Lack of official parameters worries some educators, while others voice excitement ...

Posted on 19/05/2023

Bank of East Asia to open select HK branches seven days a week

Cash transactions will not be available during the weekends. The Bank of East Asia (BEA) extended its business hours for three branches in Hong Kong. The branches of Causeway Bay, Tsim Sha Tsui, and ...

Posted on 19/05/2023

Ripple joins Hong Kong CBDC pilot, partners with Fubon Bank

Ripple Labs has launched a new payment platform for a central bank digital currency (CBDC) in Hong Kong. The San Francisco-based payment protocol and exchange network will partner with Fubon Bank, a ...

Posted on 19/05/2023

R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO

Alibaba's logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in ...

Posted on 19/05/2023

Hong Kong launches digital currency pilot: 16 firms join the program

Hong Kong, a global financial hub, has taken a major step towards embracing digital currencies as it launches a digital currency pilot.

Posted on 19/05/2023

FTSE 100 Live: Pound hits four-week low, Hong Kong stocks slide

Simon Hunt. Stocks fell in Hong Kong this morning after Alibaba’s fourth-quarter sales miss added to fears of a slowdown in ...

Posted on 19/05/2023

Asia expected to face headwinds despite lead in global IPO market

IPO sentiment in the APAC region will continue to be affected by high interest rates, the banking crisis and geopolitical tensions ...

Posted on 19/05/2023

Hang Seng Bank, Visa to test CBDC use cases in Hong Kong

The three will collaborate to explore the feasibility of tokenised deposits. Visa, alongside HSBC and Hang Seng Bank, has been selected as participants for the research and testing of central bank ...

Posted on 19/05/2023

Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express

Mastercard and Visa join Hong Kong's CBDC pilot, new instalment in Justin Sun's Huobi soap opera, and a GameFi token pumps on no news.

Posted on 19/05/2023

Hong Kong earmarks additional HK$5 billion for ‘safeguarding national security’

The Hong Kong government allocated an extra HK$5 billion to its national security “special fund” in the last financial year, an official document published on Friday has revealed. Citing the national ...

Posted on 19/05/2023

HK moves step closer towards digital currency

The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...

Posted on 19/05/2023

Hong Kong accountant loses HK$700,000 in phishing scam, joining 1,408 others who collectively lost HK$26.1 million this year

We have difficulties identifying suspects as they are not in Hong Kong." Chan added that most of the time ... said it was negotiating with police, the banking sector and mobile network operators about ...

Posted on 18/05/2023

HK moves step towards digital currency

The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...

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