Hong Kong released its Policy Statement 2.0 to regulate digital assets, license stablecoins, and expand tokenization efforts.
Hong Kong home prices post tiny gain in April, bolstering case for end of long slump
Prices could rise up to 5 per cent this year given improving market sentiment and low financing costs, CBRE says.
BOC-NAIA intercepts undeclared currencies at NAIA 3
During a routine screening of the passenger's baggage, bundles of cash concealed inside the luggage were uncovered.
The top US diplomat in Hong Kong criticizes China and the city for curtailing freedoms
HONG KONG (AP) — Hong Kong’s top American diplomat said on Thursday that the policies of the Chinese and Hong Kong governments have curtailed freedoms, pointing to the cases of jailed prominent ...
China AI chip firm Biren raises new funds, plans Hong Kong IPO, say sources
BEIJING (Reuters) -Chinese AI chip startup Biren Technology has raised about 1.5 billion yuan ($207 million) in fresh funding and is preparing for a Hong Kong initial public offering, people familiar ...
China Opens First Offshore Gold Vault in Hong Kong
The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Most Read from BloombergUS Renters Face Storm ...
Hong Kong’s IPO market is on fire; these 3 factors are driving the boom: HSBC
Beijing is keen to support some Hong Kong-listed red chip companies to list in the mainland, Steven Sun from HSBC Qianhai Securities says valuation gap between A and H shares as well as regulatory ...
Hong Kong Is Future-Proofing Its Crypto Ambitions With a New Policy Push
Hong Kong has released a new digital asset policy to expand its crypto ecosystem. The statement builds on its 2022 framework and introduces the “LEAP” ...
Hong Kong intervenes to defend US dollar peg as local currency drops
In contrast, most other Asian central banks are trying to cool their currencies’ gains versus the dollar. Read more at straitstimes.com. Read more at straitstimes.com.
The Hong Kong property developer rushing to refinance billions of dollars in loans
New World Development borrowed money for projects that people inside and outside the company have characterised as “aggressive”. They include a HK$20bn (US$2.6bn) retail and office space near Hong ...
Hong Kong home prices little changed in May
Hong Kong's home prices largely stayed flat in May, government figures showed on Thursday, supported by falling mortgage rates. BY THE NUMBERS Private home prices edged up only 0.03% in May from the ...
Hong Kong stocks slip as HKMA currency intervention stokes rate concerns
Banks and developers pace losses; HKMA had forewarned that intervention to halt local currency weakness would tighten liquidity and pressure rates.
China opens first offshore gold vault and contracts in Hong Kong
Trading will be conducted in yuan and settled by cash or physical delivery, including to the new vault operated by Bank of China Ltd.’s Hong Kong unit, the SGE said in a statement ...
Insurer FWD Plans to Raise Over $400 Million in Hong Kong IPO
FWD Group, an insurer backed by Hong Kong’s richest family, plans to raise over US$400 million via an initial public offering, joining the wave of companies flocking to tap the city’s market. The ...