Hong Kong customs has arrested three people suspected of laundering about HK$61 million (US$7.8 million) in illegal funds, with the trio allegedly conducting more than 10,000 transactions in a year.
Chinese firms’ stellar Hong Kong debuts spur hopes of valuation shift
H-shares as a whole still trade at a discount of 32% to A-shares, compared with a low of 28% in March, according to the Hang Seng Stock Connect China AP Premium Index ...
Architect Norman Foster, who designed HSBC’s Hong Kong HQ, reflects on his legacy
A thread connects Foster’s groundbreaking Hong Kong projects to his experimental installation at the Venice Biennale of Architecture.
Citigroup Introduces AI Tools, Enhances Banking Operations in Hong Kong
Citigroup Inc. C unveiled Citi AI, a range of artificial intelligence (AI) tools aimed at enhancing internal processes for Hong Kong employees. Citi AI aims to maximize efficiency in operations by ...
HSBC launches Hong Kong’s first blockchain-based settlement service with Ant International
HSBC Holdings on Thursday said it launched Hong Kong’s first blockchain -based settlement service, marking a step forward for fintech development in the city that will allow for secure and quick ...
Ant International Launches Tokenised Deposit Solutions for Real-Time Treasury Management with HSBC
Ant International today announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong. The service will support treasury management with real-time, always-on HKD and ...
HSBC introduces tokenised deposit service in Hong Kong
Ant International today announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong.
Hong Kong passes stablecoin bill as more governments recognize the digital asset
Hong Kong has passed a stablecoin bill to expand its cryptocurrency licensing regime as more governments recognize the digital asset.
Hong Kong to be global hub for ‘patient capital’ by nurturing tech start-ups: Paul Chan
Hong Kong is in a prime position to be a global hub for “patient capital”, an investment strategy that takes a longer view and is driven by “purpose and impact”, as it continues to advocate for ...
ZA Bank welcomes passage of Hong Kong stablecoins bill
They are engaged in in-depth discussions with several potential stablecoin issuers. ZA Bank welcomes the passage of the stablecoins bill by Hong Kong authorities. In a statement, the Hong Kong-based ...
HKIC says some firms in its portfolio have IPO plans
The SAR government investment vehicle on Thursday revealed that several of the companies it has invested in are considering or have filed ...
Hong Kong Passes Law to Regulate Fiat-Pegged Stablecoins
The new law introduces a licensing regime for stablecoin issuers as the city seeks to balance crypto innovation and investor protections.
Citi launches AI tools for Hong Kong employees
CITIGROUP has launched Citi AI, a suite of artificial intelligence (AI) tools for its employees in Hong Kong, the bank said on Thursday. Read more at The Business Times.
Hong Kong Dollar Amid ‘Asian Financial Crisis In Reverse’
The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. Read more ...