Hong Kong is reportedly set to permit crypto derivatives for professional investors, optimize tax rules, and unveil its second virtual asset policy statement to boost Web3 growth.
Banking bill passed
The Government welcomes the Legislative Council’s passage of the Banking (Amendment) Bill 2025, which enables sharing of account information among banks under specified conditions.
MINISO to hire JPMorgan Chase, UBS for Top Toy Hong Kong IPO – report
Miniso Group (MNSO) hired JPMorgan Chase (JPM) and UBS Group (UBS) to manage the planned initial public offering of its unit, Top Toy, in Hong Kong ...
Man who robbed HK$382,000 from a bank in HK with a knife arrested, HK police confirms to Global Times
A man who robbed HK$382,000 ($48,670) from a Hang Seng Bank branch in Hong Kong was arrested on June 3, 2025 in Tin Shui Wai. Photo Courtesy of Hong Kong Police Force ...
Miniso Is Said to Hire JPMorgan, UBS for Top Toy’s Hong Kong IPO
Miniso Group Holding Ltd. has hired JPMorgan Chase & Co. and UBS Group AG for the planned initial public offering of unit Top Toy in Hong Kong, according to people familiar with the development.
HSBC asset-management unit dives into private credit in Asia, with US$4 billion backing
Lender is the latest financial institution to enter the private-credit market, drawn by attractive returns and diversification advantages.
Hang Seng unveils MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays. Hang Seng Bank has officially opened its transformed MTR Jordan Station Retail Banking Centre. Open from 11AM to 7PM on weekdays, the centre introduces a ...
Former Bank of China Executive: Rise of Stablecoin Poses Policy Challenge for China
Former Bank of China executive Wang Yongli warned the rise of USD stablecoin threatens China’s monetary position and urged deployment.
Hong Kong stablecoin law draws mainland attention as Citic anticipates tokenisation boom
The brokerage expects the new stablecoin law to lead to more real-world asset tokenisation projects from mainland firms in the city.
Hong Kong stablecoin rules set global benchmark as supply tops $250 billion
Hong Kong passes landmark stablecoin bill as global market hits $250 billion. City selects major firms for sandbox trials, with HKD-backed coins expected by year-end.
Hong Kong’s 2025 Growth Outlook Cut by AMRO on Trade Uncertainty
Hong Kong’s growth outlook was cut by a regional organization, which urged the city to diversify its economy and trading partners to counter growing protectionism.
Knife-wielding robber flees with ₹40 lakh in Hong Kong bank heist, cops launch manhunt
A masked man injured a bank staffer and escaped with HK$370,000 (approx. ₹40.27 lakhs) in a daylight robbery at a Hong Kong bank.
PayNet, Bank of China team up to simplify financial flows
Payments Network Malaysia Sdn Bhd (PayNet) and Bank of China (Malaysia) Bhd (BOC Malaysia) have inked a memorandum of understanding (MoU) to explore solutions that simplify financial flows between ...
BofA Securities downgrades HSBC on challenges ‘in a more unstable world’
BofA Securities cut its recommendation on the U.K.-based bank HSBC (NYSE:HSBC), citing "upside and downside risks feel balanced" and "possibility of a lower-for-longer HIBOR". HIBOR, or the Hong Kong ...