The difficult part of CBDCs is adoption, Ashok Venkateswaran, Mastercard's blockchain and digital assets lead for Asia-Pacific, told CNBC.
Hong Kong police arrest man trapped in handcuffs after he sought help from firefighters
Man, a British national with a Hong Kong identity card, has been detained on suspicion of possession of an offensive weapon.
The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor
Evergrande faces a winding-up petition in Hong Kong. The company has until December 4 to come up with a new restructuring proposal to stave off liquidation. Evergrande and Orix Asia Capital did not ...
Hongkong Land Names New CEO As Underlying Profits Slump
Hongkong Land’s Robert Wong will be succeeded by Michael Smith, the regional CEO for Europe and the U.S. at Mapletree Investments.
Hong Kong Housing Society will sell more than 400 subsidised flats at 62% of market price, dismisses concerns over property sector downturn
Cheapest flats at Hemma Amber development in Kwun Tong to sell for HK$2.55 million, with most expensive at HK$6.45 million Hong Kong Housing Society's Peter Or shrugs off property market downturn, ...
Hong Kong mansions, worth US$192 million, linked to China Evergrande founder Hui Ka-yan seized by creditor
The seizure of the two properties on Black’s Link, The Peak, is another setback for the founder of China Evergrande, which faces a winding-up hearing in Hong Kong on December 4.
Fitch Ratings affirms Bank of China (Hong Kong) at “A” (LT Int. Scale (foreign curr.) credit rating); outlook stable
Fitch Ratings affirmed the 'A' LT Int. Scale (foreign curr.) credit rating of Bank of China (Hong Kong) on November 21, 2023.
Hong Kong needs art financing ecosystem to complement efforts in luring global family offices to city, industry players say
Art collections and financing are major priorities for family offices because the richest clans want to develop and protect their legacy, Manulife's Damien Green says Green's StudioKT to open in Kwun ...
Exclusive-China to Name Finance Veteran Zhu as New Forex Chief, Sources Say
BEIJING/HONG KONG (Reuters) - China is set to appoint Zhu Hexin, a veteran banker and chief of state-run financial conglomerate CITIC Group, as the new head of its foreign exchange regulator, four ...
Hong Kong investment bankers have lots of free time and anxiety as deals slump, lay-offs intensify
The big China deals that lined rainmakers’ pockets for decades have evaporated. Banks and law firms alike are cutting jobs. Those that remain are chasing smaller deals and taking extended vacations.
Hong Kong land sales wobble, exposing cracks in city’s finances
Despite historical high demand for homes due to the territory’s size, the economic downturn has resulted in a glut of unsold flats ...
Paris Olympics: Hong Kong sevens coach Groves up for challenge of rebuild, after team falls short in Games bid
Jevon Groves said he was ready for the “daunting prospect” of building a new team, after defeat by Japan on Sunday all but ended Hong Kong’s hopes of qualifying for the Paris Olympics next year. Hong ...
World’s first Frozen-themed land at a Disney theme park opens in Hong Kong
The "World of Frozen" themed land at Hong Kong Disneyland, inspired by the hit animated film, has finally opened.
Hong Kong leader John Lee skipped Apec. Did the city win or lose and when will he get US sanctions against him lifted?
Hong Kong leader John Lee Ka-chiu kept a studious silence all of last week before an important Apec summit in San Francisco. On Tuesday, the dam burst. In a rare moment of candour, he said the United ...