Hong Kong Watch has seen ‘several’ letters to people from their banks and firms telling them their attempt to withdraw pension funds has been rejected ...
Hong Kong regulator reverses its stance on spot crypto investments
Hong Kong’s financial regulator has recently made an important adjustment to its guidance regarding the sale of spot products in the cryptocurrency market. This change allows intermediaries to offer ...
Hong Kong policy address 2023: senior officials choose green scarves, ties for city leader’s speech to showcase ‘team spirit and solidarity’
City leader John Lee says his team will don matching scarves and ties as nod to policy address theme of ‘hope, vitality, harmony and stability’.
Bay areas of San Francisco and China will come together in Hong Kong for landmark climate change forum in move seen as bridge-building effort
Move unveiled during event hosted by the Institute for Climate and Carbon Neutrality, where California Governor Gavin Newsom was on site during rare visit to city.
Hong Kong’s SFC Signals New Era Of Virtual Asset Adoption: Will Other Regulators Follow?
Hong Kong's key financial regulator, the Securities and Futures Commission (SFC), released a circular with the Hong Kong Monetary Authority (HKMA) on Oct. 20, acknowledging the rapidly evolving ...
Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch
The development comes as interest in spot bitcoin exchange-traded funds increases and follows a probe into the JPEX exchange for operating without a license.
Hong Kong customs nets record haul of smuggled hairy crabs worth HK$7.2 million, arrests cross-border truck driver
Customs reveals haul of 48,000 hair crabs, weighing 10.8 tons, was discovered inside truck entering city via Lok Ma Chau border checkpoint.
IPO Roundup: Mach Natural Resources, Prospect Energy Holdings and more
The IPO market was rather quiet last week, with only a few companies making their debuts. It follows the recent highly-touted IPOs of Birkenstock (BIRK), Instacart (CART), and Arm Holdings (ARM), ...
Carrie Lam’s Upcoming Policy Address Touted as A Glimpse into Hong Kong’s Future
Hong Kong, a city known for its towering skyscrapers, vibrant financial market, and bustling population, is on the cusp of a series of potentially transformative policy shifts. This comes as Chief ...
China’s central bank to ‘resolutely curb’ crypto speculation; Hong Kong updates regulations
PBOC to crack down on crypto speculation, as Hong Kong restricts access to certain “complex” virtual asset products.
Hong Kong police hunt for trio over wounding of man at restaurant in central business district
Officers arrived at restaurant on Wellington Street in Central at around 4pm after receiving report of victim being attacked by three men.
Hong Kong real estate investments continue to disappoint in Q3
Q3 recorded HKD5.3b worth of transactions in Q3, the third lowest investment quarter since 2013. Despite a growth of 93% QOQ from Q2’s extremely low base, the investment volume of HKD5.3 billion in Q3 ...
On This Day, Oct. 23: China’s President Xi inaugurates Hong Kong-Zhuhai-Macau bridge
In 1707, the British Parliament met for the first time after the Treaty of Union dissolved both the Parliaments of England and Scotland and created a new Kingdom of Great Britain. The Parliament of ...
Perfect match: Hong Kong virtual banks WeLab, Mox, ZA Bank partner with digital insurers amid government fintech push
The moves come as the city’s regulators promote cross-sector fintech development and the city’s eight virtual banks quest to become profitable.