HSBC chief executive Noel Quinn has said he was “challenged” by external advisers about a potential break-up of the bank but ultimately concluded it would be “a net negative”. Mr Quinn said HSBC had ... ( read original story ...)
Hong Kong Monetary Authority to Begin CBDC Trials in Q4: Report
The Monetary Authority (HKMA) plans to start trials of its central bank digital currency (CBDC) in the fourth quarter , the South China Morning Post (SCMP) reported Tuesday, citing a media briefing. ( read original story ...)
Hong Kong’s only drinks carton recycler offered 3 new sites by authorities, but company head remains lukewarm over solution
Chief Executive John Lee reveals environmental authorities have approached Mil Mill and encouraged them to apply for leases at three sites But executive director of recycling company says solution is ... ( read original story ...)
Hong Kong’s Cardinal Zen trial delayed after judge contracts COVID-19
The Chinese Communist Part postponed the trial of former bishop of Hong Kong and retired Cardinal Joseph Zen due to the presiding judge's COVID-19 infection. ( read original story ...)
Hong Kong police detain protester at screening of Queen’s funeral
Hong Kong police detained a man outside the territory’s British consulate after he played a pro-democracy protest song on a harmonica as crowds watched the Quee ... ( read original story ...)
PBOC: Hong Kong bills issuance well received
China's central bank issued 5 billion yuan ($719.76 million) worth of bills in Hong Kong on Tuesday. These central bank bills will mature in six months, with an interest rate of 2.2 percent, the ... ( read original story ...)
Hong Kong plans to launch trial of e-HKD in fourth quarter, paving way for full digital currency roll-out
The move marks the city's latest effort to catch up with other central banks that are launching virtual currencies The aim is to eventually roll out a virtual currency the public can use to shop, dine ... ( read original story ...)
How HSBC’s wealth chief suggests you protect your portfolio from inflation
People around the world are looking for ways to hedge against inflation right now, and the rich are no exception. "We see customers sitting a little bit in the sidelines," says Nuno Matos, HSBC CEO of ... ( read original story ...)
Hong Kong may report second-highest deficit ever: Finance chief
Hong Kong is expected to record its second worst deficit at more than HK100 billion 1274 billion amid the ongoing COVID-19 pandemic Finance Secretary Paul ... ( read original story ...)
Hong Kong’s only drinks carton recycler faces closure after government-backed science park refuses to renew lease
Hong Kong’s only drinks carton recycler is on the verge of folding after the government-backed landlord refused to renew its lease and told it to leave the premises within four months. ( read original story ...)
Queen Elizabeth II funeral: Hong Kong man who attended tribute detained
A 43-year-old Hong Kong man who was among scores of mourners who went to the British consulate on Monday night to pay tribute to the late Queen Elizabeth II has been detained. Local reports say the ... ( read original story ...)
Hong Kong Finally Looks to Scrap Hotel Quarantine Policy
The Hong Kong government might soon be on its way to scrap the controversial hotel quarantine policy for inbound travelers. ( read original story ...)
Hong Kong flags COVID quarantine policy change, wants an orderly opening-up
Hong Kong leader John Lee said on Tuesday the government aims to make an announcement soon on its controversial COVID-19 hotel quarantine policy for all arrivals, as it wants to keep the city ... ( read original story ...)
Hong Kong bills issuance well received: PBOC
China central bank issued 5 billion yuan about 71976 million US dollars worth of bills in Hong Kong on Tuesday These central ... ( read original story ...)