Bank of China's recent issuance of $28 million in digital structured notes on Ethereum is significant, but is it actually a shift in attitude by regulators?
HSBC and Standard Chartered pressed by Hong Kong to take on crypto clients
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry ...
HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority (HKMA) last month on why crypto exchanges were not being accepted as clients, according to the report.
Why has Hong Kong launched a new public-private partnership scheme to help tackle the housing crisis?
Housing minister Winnie Ho says developers could help boost construction capacity and efficiency, as well as unleash private land potential New scheme receives cautious welcome, but expert says market ...
Hong Kong trade council cuts export forecast amid headwinds
The Hong Kong Trade and Development Council (HKTDC) slashed its full-year forecast for the city’s export growth to between zero and 2%, down from its earlier estimate of 5%, as heightened world trade ...
From cages to drainpipes: the homes that defy Hong Kong’s housing crisis
Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...
Hong Kong stocks open up as US inflation falls
Hong Kong stocks rose at the opening of business on Wednesday after data showing a sharp drop in US inflation boosted expectations the Federal ...
Dubai pips Hong Kong as the world’s top city for super luxury homes over US$10 million: Knight Frank
Dubai overtook Hong Kong as the world’s top market for ultra-luxury homes in the first quarter as wealthy individuals flock to the Gulf’s financial hub, according to a report from Knight Frank.
Steady Start Anticipated For Hong Kong Shares
The Hong Kong stock market on Wednesday halted the five-day winning streak in which it had rallied more than 420 points or 2.3 ...
HSBC, Standard Chartered face pressure from Hong Kong to take on crypto clients – FT
HSBC and Standard Chartered are among lenders facing pressure from Hong Kong's banking regulator to take on crypto exchanges as clients, Financial Times reported on Thursday, citing three people with knowledge of the matter.
Why Hong Kong can’t afford to keep its currency pegged to the US dollar
“Hong Kong’s currency peg to the dollar is not sustainable. The city risks being increasingly led by US monetary policy,” independent economist Andy Xie wrote last month. “As global yuan demand grows, switching to that currency would boost Hong Kong’s financial fortunes.”
Top Hong Kong protest song removed from major music platforms
"Glory to Hong Kong," a popular song among pro-democracy protestors and secessionists in the administrative region, has been removed from several major streaming services and platforms.
Hong Kong Needs More Welders, Not Bankers
For people living in Hong Kong, a banking job was the path to prosperity. This is no longer the case. As the financial hub emerges from the Covid-19 pandemic, the city finds that it’s facing a similar ...
Hong Kong needs Fanling golf course for business networking, ex-minister Fred Ma tells public hearing on housing development
Former commerce chief warns over site's importance for city's financial hub status, as course doubles as place for senior executives to mingle High-quality, world-class course important for retaining ...