Former Bank of China executive Wang Yongli warned the rise of USD stablecoin threatens China’s monetary position and urged deployment.
Hong Kong stablecoin law draws mainland attention as Citic anticipates tokenisation boom
The brokerage expects the new stablecoin law to lead to more real-world asset tokenisation projects from mainland firms in the city.
Hong Kong stablecoin rules set global benchmark as supply tops $250 billion
Hong Kong passes landmark stablecoin bill as global market hits $250 billion. City selects major firms for sandbox trials, with HKD-backed coins expected by year-end.
Hong Kong’s 2025 Growth Outlook Cut by AMRO on Trade Uncertainty
Hong Kong’s growth outlook was cut by a regional organization, which urged the city to diversify its economy and trading partners to counter growing protectionism.
Knife-wielding robber flees with ₹40 lakh in Hong Kong bank heist, cops launch manhunt
A masked man injured a bank staffer and escaped with HK$370,000 (approx. ₹40.27 lakhs) in a daylight robbery at a Hong Kong bank.
PayNet, Bank of China team up to simplify financial flows
Payments Network Malaysia Sdn Bhd (PayNet) and Bank of China (Malaysia) Bhd (BOC Malaysia) have inked a memorandum of understanding (MoU) to explore solutions that simplify financial flows between ...
BofA Securities downgrades HSBC on challenges ‘in a more unstable world’
BofA Securities cut its recommendation on the U.K.-based bank HSBC (NYSE:HSBC), citing "upside and downside risks feel balanced" and "possibility of a lower-for-longer HIBOR". HIBOR, or the Hong Kong ...
Ant International Introduces Tokenized Deposit Solutions for Real-Time Treasury Management with HSBC
Ant International has recently announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong.
Hong Kong firms prioritize Mainland China, South Asia for expansion amid US, Europe trade barriers: Report
A recent HSBC survey indicates that Hong Kong firms are increasingly targeting mainland China and South Asia for business expansion, a move perceived as a shift away from the US and Europe due to ...
20 Start-ups Showcase at Hong Kong Tech Pavilion in VivaTech 2025
Presenting Cutting-Edge Solutions and Innovations and Fostering Global Collaborations through Seminars and Networking Events - The Hong Kong Trade Development Council will bring together 20 start-ups ...
Hong Kong firms favour mainland China, South Asia for growth in snub to US, Europe: survey
Half of respondents in an HSBC survey picked mainland China, while one in four chose South Asia as target markets for expansion.
Hong Kong firms favour mainland, South Asia for growth in snub to US, Europe: survey
Half of respondents in an HSBC survey picked mainland China, while one in four chose South Asia as target markets for expansion.
AI Drug Startup Touts Promising Advance in Treating Lung Disease
A drug developed using artificial intelligence showed signs of efficacy in treating an incurable lung disease in what its developer calls a clinical first.
Hong Kong’s real estate market cooled in May, with deals slumping to 3-month low
Transactions fall 11 per cent from a month earlier to 6,434, but value rises 1.3 per cent to US$6.4 billion, according to Centaline.