Watch out HSBC Holdings Plc. The digital banking revolution is coming for all the easy money the UK-based bank has long taken for granted. Hong Kong was HSBC’s birthplace as the Hongkong ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) potential trade deal between US and Beijing
Hong Kong’s Hang Seng index surged 4.21 percent by Friday’s close following a report that U.S. President Donald Trump has asked officials in his administration to start drafting a potential trade deal ... ( read original story ...)
Hong Kong’s appeal as a virtual banking hub is about to be put to the test as first online lenders arrive
Hong Kong’s appeal as a virtual banking hub will soon be put to the test, as the first round of licence approvals – due by the end of the year – will enable new competition in a city that ranks as one ... ( read original story ...)
HSBC, other banks launch HK blockchain trade finance platform
Other major banks who participated in the development of the platform – facilitated by Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) – included Agricultural Bank of China ... ( read original story ...)
Singapore still beats Hong Kong over Asia’s open banking readiness crown
DBS and OCBC are regional pioneers in fintech and innovation. Singapore retained the top spot in Asia's' open banking readiness index amidst proactive decisions by the city state's regulators to embra... ( read original story ...)
Chinese central bank’s step into Hong Kong to ‘improve transparency and liquidity’
The planned bill sale by the People’s Bank of China (PBOC) in Hong Kong next week, the central bank’s first step towards creating a offshore monetary policy, will improve market transparency and help ... ( read original story ...)
Bank Blockchain Now Live in Hong Kong
The aim of eTrade Connect, as it is called, is to modernise the world’s trade finance network, which was worth around $9 trillion in 2017. Despite its size, the market is outdated and largely paper-ba... ( read original story ...)
Cryptocurrency rules unveiled by SFC as Hong Kong aims to become major trading hub
Hong Kong’s financial watchdog unveiled on Thursday a comprehensive set of regulations governing cryptocurrencies in a move to enhance investor protection which analysts believe could help make the ci... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) bracing for more volatility
The current value of the CCI is 20. This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago. HANG SENG INDEX closed up 436.311 at 25,416.000. Volume was 18% above average (n... ( read original story ...)
Cryptocurrency rules to be unveiled by SFC as Hong Kong aims to become major trading hub
Hong Kong’s financial watchdog will today unveil a comprehensive set of regulations governing cryptocurrencies in a move that could help make the city a major trading centre for virtual assets. The ne... ( read original story ...)
Hong Kong launches national trade finance platform on blockchain
Hong Kong has launched its blockchain-based trade finance platform, aimed at digitising open account transactions and reducing fraud. eTradeConnect was unveiled today at the Hong Kong Fintech Week. It ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) economy’s factories slows amid ongoing US-China trade war
Hong Kong and China markets both ended higher on Wednesday, shrugging off China’s worse-than-expected reading for manufacturing activity for October. The Hang Seng Index rose 1.6 per cent, or 394.16 p... ( read original story ...)
HSBC, StanChart, others launch HK blockchain trade finance platform
Other major banks who participated in the development of the platform - facilitated by Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) - included Agricultural Bank of ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) US-China trade war back in the spotlight
The last signal was a sell 17 period(s) ago. Rex Takasugi – TD Profile HANG SENG INDEX closed down -226.510 at 24,585.529. Volume was 14% above average (neutral) and Bollinger Bands were 27% wider tha... ( read original story ...)