The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment ...
Singaporean financial adviser’s name and image exploited again in Hong Kong scams
City University Professor Chan Yan-chong stresses he never gives advice online, notes that many victims, including some in Singapore, are retirees.
Hong Kong a safe haven for investors: finance chief
Hong Kong's finance chief on Saturday pledged to turn the territory into a "safe haven" for international investors, and expressed confidence that ...
China’s top HK official says security will ensure city’s success
His comments build on China’s emphasis on national security in recent years. Read more at straitstimes.com. Read more at straitstimes.com.
Alsco Refiles For Hong Kong IPO Amid Less Favorable Conditions
Alsco manufactures foldable containers and boxes as well as metal racks and specialized containers that can be used by auto companies and later returned for reuse. Their foldability means they can be ...
Unisound Launches Modest IPO In Crowded Hong Kong Market
Unisound aims to raise about $40 million through a Hong Kong IPO, with its shares set to start trading on June 30 The AI services provider recorded 29% revenue growth last year and has a relatively ...
PBC, HKMA hold launch ceremony for faster payment systems between mainland and HK
The launch ceremony for faster payment systems between the mainland and Hong Kong Special Administrative Region is held by the People's Bank of China and the Hong Kong Monetary Au ...
China grants Hong Kong new yuan quota as Payment Connect kicks off for 315 million users
Starting from noon on Sunday, the 17 million registered users of Hong Kong’s FPS will be able to remit up to HK$10,000 per day to 298 million users on the mainland’s IBPS.
HKers can use FPS for payments up north from Sunday
Residents from Hong Kong and the mainland will soon be able to use a new fast payment tool to conduct cross-border transactions involving small sums ...
China uses HSBC bank as political tool against dissidents
Numerous pro-democracy activists and government critics from Hong Kong have had their accounts frozen by banking giant HSBC. The actions are raising concerns over China’s growing influence on ...
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal. HSBC and Mastercard have launched Hong Kong’s first mobile virtual corporate card for commercial customers, according to a press ...
Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism on economy
Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.
Twin cities seen key to nation’s financial clout, bank chief says
With Shanghai's strong links to the Chinese mainland market and Hong Kong's status as a global financial gateway, the two cities' differentiated strengths form a uniquely complementary partnership ...
Shanghai, Hong Kong sign action plan to tighten financial ties amid rising global challenges
Shanghai and Hong Kong signed an action plan on Wednesday aimed at deepening coordination between the two global financial hubs by ramping up market connectivity and exploring new areas of ...