Singapore solidified its status as a leading digital assets hub in 2024, granting 13 crypto licenses to a mix of major exchanges and global operators, more than doubling the previous year’s approvals, ...
124 suspects arrested in Hong Kong for allegedly lending accounts to fraudsters
Arrestees suspected to be connected with 128 scam cases, involving total losses of HK$68.69 million, according to police.
Asian stocks mixed ahead of holiday closures: Hang Seng outperforms, Nikkei slips
Asian markets traded mixed on Tuesday. Tuesday’s session was subdued, with trading hours shortened in several markets, including Australia, Hong Kong, and Singapore, for Christmas Eve. Most markets ...
China, HK stocks gain as banks extend rally, Beijing plans record bond sale
Hong Kong, - Chinese and Hong Kong stocks rallied on Tuesday, driven by banking gains, after reports of Beijing's planned $411 billion special treasury bond issuance for 2025. ** The Shanghai ...
Bounties worth HK$1 Million Issued: Hong Kong’s Harsh Measures Against Activists
Hong Kong authorities have intensified their efforts under the National Security Law by adding six more activists to their wanted list. Each of these individuals now has a bounty of HK$1 million ...
Tennis event given ‘M’ Mark status
The Major Sports Events Committee announced today that it has awarded "M" Mark status to the Bank of China Hong Kong Tennis Open 2025, which will be held at the Victoria Park Tennis Stadium from ...
HSBC HOLDINGS Buys back 2.12M+ Shrs for HKD159M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 2.1245 million shares of the company yesterday (23rd) in the UK and Hong Kong markets for a total of HKD159 million. Among which, ...
HSBC, Bank of China cut lending rates even as HKMA warns of volatility ahead
Hong Kong’s top two banks, lowered their prime lending rates for a third time this year, trimming the cost of borrowing to the lowest level in two years. HSBC said it would trim its prime rate by 12.5 ...
Hong Kong Bourse Seeks Feedback on IPO Price Discovery, Takes Steps to Boost Capital Markets Activity
Hong Kong Exchanges and Clearing is looking at ways to encourage more firms to list in the city while seizing the initiative in the corporate governance sphere.
BOC HONG KONG (02388.HK) Extends Service Hours for RMB Clearing Bank
BOC HONG KONG (02388.HK) announced that with effect from today (23rd), the service hours for the cross-border RMB clearing by the Hong Kong RMB Clearing Bank have been extended. Through the Hong Kong ...
HSBC’s PayMe now accepted by 27,000 Hong Kong taxi drivers
New channel launched after ‘significant uptick’ in electronic payment adoption by both riders and drivers, Octopus says.
Ex-Citigroup stock trader wins unfair dismissal case in Hong Kong
An Asia equity sales trader who was fired from Citigroup in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday. Citigroup failed to justify its “summary ...
Hang Seng index forecast 2025: buy, sell, or hold?
The Hang Seng index has had a relatively good year as it jumped by almost 20%, its best performance in a long time. It has continued to underperform its American peers, such as the Dow Jones and the ...
Ex-Citigroup Trader Wins Unfair Dismissal Case in Hong Kong
An Asia equity sales trader who was fired from Citigroup Inc. in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday.