By Selena Li and Jiaxing Li HONG KONG, July 7 (Reuters) - Beijing and Hong Kong authorities announced a range of measures Tuesday to bolster currency, bond and gold trading in Hong Kong, stepping up ...
Hong Kong launches gold clearing system, aims to be regional reserve hub
HONG KONG, July 7 (Reuters) - Hong Kong launched a central clearing system for gold on Tuesday and also revived gold futures trading as it seeks to become a regional reserve hub for the precious metal ...
PBOC Unveils New Measures to Cement Hong Kong’s Yuan Hub Status
China’s central bank announced a slew of measures aimed at expanding an investment channel between Hong Kong’s financial market and the mainland, as well as enhancing the city’s role in promoting ...
Singapore holds top spot as world’s costliest city for the rich, Hong Kong slips to 4th
Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most expensive for a fourth consecutive year, according to Swiss private bank Julius Baer. This ...
People’s Bank of China backs Hong Kong’s yuan-denominated futures trading
The PBOC backs Hong Kong's launch of the first offshore Chinese government bond futures contract on August 3, advancing yuan internationalization efforts.
Hong Kong begins trial operation of new gold clearing system
By launching this month – a timeline first reported by Bloomberg News in May – Hong Kong has secured first-mover advantage in a push to become Asia’s preeminent hub for gold trading ...
Beijing Tong Ren Tang Healthcare Shares Slump in Hong Kong Trading Debut
The company raised 594.8 million Hong Kong dollars, equivalent to US$75.84 million, from the initial public offering, selling 108.15 million shares at HK$5.50 a piece, it said late Monday. The stock ...
The coming wave of locked-up IPO shares is a big risk for the Hong Kong market, says Hao Hong
Hao Hong, CIO of Lotus Asset Management, says he expects the stellar performance of Hong Kong's IPO market to continue, but the small free float of these recent listings has made them "prone to stock ...
Karnataka keen on ties with Hong Kong in ESDM, semiconductors, fintech, biotech: Minister Patil
Bengaluru: Karnataka Minister M B Patil on Monday said that the State government is keen on deepening its economic engagement with Hong Kong by building partnerships in Electronics System Design and ...
Hong Kong leader meets China’s central bank chief
BEIJING, July 6 (Reuters) - Hong Kong's leader John Lee met Pan Gongsheng, governor of the People's Bank of China, in the city on Monday to exchange views on economic and financial issues, Lee's ...
Karnataka seeks stronger investment ties with Hong Kong in ESDM, startups: MB Patil
Karnataka is actively seeking to boost economic ties with Hong Kong, focusing on key sectors like semiconductors, fintech, and advanced manufacturing. The state plans to highlight its strengths in ...
Karnataka seeks to deepen investment ties with Hong Kong
Karnataka aims to enhance investment ties with Hong Kong, targeting tech and start-up sectors through strategic collaboration.
Eddid Financial, Ant Digital Technologies, and SageRock Capital Sign MOU to Jointly Advance Hong Kong’s New Energy and Blockchain Finance Development
Eddid Financial, a leading fintech-driven financial services group; Ant Digital Technologies, a global leader in technology infrastructure; and SageRock Capital ('SageRock'), which integrates ...
Hong Kong targets 2026 securities law overhaul to boost Reits, IPOs
Government says it seeks to upgrade its listing regime later this year, boosting the city's financial hub status and market transparency Hong Kong will seek to amend its securities laws later this ...