Produced in collaboration with the Chartered Institute of Bankers Hong Kong Centre, this book is indispensable to students sitting for the institute's ... ( read original story ...)
Hong Kong will explore digital currency, monetary authority says as it launches fintech plan
Hong Kong people, nowadays, are more willing to use digital banking services. In addition, many overseas central banks have studied digital currencies. It is the right time for ... ( read original story ...)
Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs
The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. ( read original story ...)
Hong Kong: Fintech 2025 strategy unveiled
The Monetary Authority today unveiled its Fintech 2025 strategy which aims to encourage the financial sector to adopt technology comprehensively by 2025, and provide fair and efficient financial ... ( read original story ...)
Hong Kong includes central bank digital currency in fintech strategy
The Hong Kong Monetary Authority (HKMA) has published its “Fintech 2025” strategy with central bank digital currencies (CBDC), both retail and wholesale, included in the digital finance innovation ... ( read original story ...)
Hong Kong Central Bank to Study Retail CBDC
The Hong Kong Monetary Authority (HKMA) announced its plans to study a central bank digital currency (CBDC) that will be focused on local and retail usage. ( read original story ...)
Digital Banking: Hong Kong’s WeLab Bank Surpasses 100,000 Clients, Reports Strong Q1 2021
Hong Kong based WeLab Bank, a newly-launched digital bank, reports that its total number of clients has exceeded 100,000 (registered users). As noted in a release shared with CI: 'Riding on the strong ... ( read original story ...)
Fitch Rates China Everbright Bank HK Branch’s Proposed USD Notes ‘BBB(EXP)’
Fitch Ratings has assigned an expected rating of 'BBB(EXP)' to China Everbright Bank Company Limited's (CEB, BBB/Stab ... ( read original story ...)
HSBC appoints Hitendra Dave as India CEO; Rosha moves to HK
Dave succeeds Surendra Rosha, who after three years is moving to Hong Kong as the co-chief executive of HSBC, Asia-Pacific. ( read original story ...)
HSBC Appoints Liao, Rosha as Asia Co-CEOs to Replace Wong
Liao and Rosha will both be based in Hong Kong. Liao has spent 24 years at HSBC and was seen as one of the front-runners in replacing Wong, who has been crucial in steering the ba ... ( read original story ...)
China urged to join global minimum tax regime, as Hong Kong says it may be ‘restrained’ by new rules
Few obstacles stand in the way of China accepting a global minimum tax rate, analysts say, but the new rules could impact Hong Kong as a leading international tax haven. ( read original story ...)
China Youran Dairy, PAG Seek Up to $799 Million in Hong Kong IPO
China Youran Dairy Group Ltd., a Chinese dairy product maker, and its shareholder, private equity firm PAG, are seeking to raise as much as HK$6.2 billion ($799 million) in a Hong Kong initial public ... ( read original story ...)
Hong Kong stands firm as international financial center
Hong Kong's status as an international financial center is the core competency of its economy. This unique advantage makes it play a unique role in the development of the national economy. Despite the ... ( read original story ...)
Hong Kong to maintain simple tax system: official
Hong Kong will continue to improve its business environment and competitiveness by maintaining its simple tax system and reducing the compliance burden on companies, an official said Monday. Paul Chan ... ( read original story ...)