HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.5908 million shares of the company on the UK and Hong Kong markets yesterday (8th), involving a total of HKD415 million. Among which ...
Hi-tech fraud: here are the technologies changing the face of scams in Hong Kong
Emerging technologies like deepfakes, large language models and cryptocurrencies have made fraud easier, with Hong Kong proving particularly vulnerable Scams powered by new technologies are on the ...
Hong Kong’s virtual banks should serve Web 3 companies better, says top crypto advocate
Legislator Johnny Ng’s call to action follows the decision this week by the Hong Kong Monetary Authority to stop issuing licenses for branchless banks, giving the city’s eight licensed operators room ...
Mox Bank Initiates Crypto ETF Trading in Hong Kong
Mox, a Hong Kong-based virtual bank subsidiary of Standard Chartered, has recently introduced crypto exchange-traded fund (ETF) trading services for its customers, marking a significant development in ...
Hongkong Bank Foundation boosts cataract blindness elimination in Laos, Cambodia
A significant boost has been given to a program aimed at improving vision health in Laos and Cambodia, thanks to additional financial support from th ...
The Goldfinger film director says greed, financial illiteracy expose Hongkongers to scams
The Goldfinger, Hong Kong's latest box-office hit starring Tony Leung and Andy Lau, is based on a 1983 case that is still one of the city's biggest financial frauds. But it rings true even today as ...
4 arrested in HK$1.5 billion Hong Kong money-laundering case involving crypto
Three of the four arrested are family members that allegedly ran syndicate, including a 39-year-old man and his 66-year-old father.
HKMA receives ‘broad support’ for plans to simplify banking system
Hong Kong’s de facto central bank proposed last year to reform the current three-tier system, which comprises licensed banks (LBs), restricted licence banks (RLBs) and deposit-taking companies (DTCs).
Hong Kong stocks erase losses on fund, rating shift while Black Sesame sinks in IPO debut
Hong Kong stocks erased losses to chart a second day of gains on ... Analysts at BCA Research upgraded their rating on Chinese equities listed on offshore exchanges. The Hang Seng Index gained 0.7 per ...
HSBC HOLDINGS Buys back 6.63M+ Shrs for HKD418M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.6348 million shares of the company on the UK and Hong Kong markets yesterday (7th), involving a total of HKD418 million. Among which ...
Hong Kong-based Virtual Bank Mox Introduces Crypto ETF Trading
We maintain editorial independence and consider content quality and factual accuracy to be non-negotiable. Mox Bank, a Hong Kong-based virtual bank, has launched crypto ETF trading for customers.
Black Sesame, Hong Kong’s second Chapter 18C stock listing, slumps 29% in market debut
For companies with at least HK$250 million in sales in the financial year before their IPO, the minimum valuation is HK$6 billion. “We are pleased to welcome another Chapter 18C listing today,” Bonnie ...
HSBC’s PayMe goes global with access to 34 million merchants in 46 markets on UnionPay
HSBC’s digital payment platform will allow its 3.2 million users in Hong Kong to pay for purchases worldwide from August 8 through a partnership with Chinese merchant UnionPay.
{I-bank focus}HSBC lowers Wharf REIC (01997) to HKD29.4
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