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 ...
HSBC Kuwait and Hong Kong Trade Development Council discuss avenues for business growth
Expected annual two-way goods trade between Asia and the Middle East is projected to more than double to over USD1.9trn by 2035 ...
Hong Kong Approves Stablecoin Legislation
The Hong Kong government approved stablecoin legislation today. The new law provides for fiat-referenced stablecoins (FRC) for issuers in Hong Kong. The goal ...
Hong Kong plans legislation to offer 50% tax concession for some commodity trading
Financial Secretary Paul Chan Mo-po says bill is part of broader policy initiative to develop commodity trading ecosystem in the city.
Transcript: CATL’s IPO pops in Hong Kong
Investors are shunning US equities, and Hong Kong Stock Exchange can now claim the biggest IPO of the year. Plus, some western countries are pressuring Israel to end its new Gaza offensive, but . . .
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16% higher on their Hong Kong debut on Tuesday after the Chinese electric vehicle battery giant raised $4.6 billion in the world's largest listing this year, boosting prospects ...
House Committee Pressures JPMorgan Chase, Bank of America to Abandon Major Hong Kong Deal
China hawks in Congress are pressuring executives at the financial giants JPMorgan Chase and Bank of America to back out of their business with a controversial China-based electric car battery firm.
Lioner appoints Francis Tang as managing director for Hong Kong
Tang brings more than two decades of experience in life insurance planning. Lioner International Group Ltd. has appointed Francis Tang as managing director, Hong Kong, effective immediately. The ...