Hong Kong is all set to roll out its first spot Bitcoin and Ethereum ETFs, but here’s the thing. If you’re investing from mainland ChiChina and Russia almost completely rid of US dollar in mutual ...
Shinhan Financial takes back leading status in Q1 earnings
Shinhan Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved ...
Here’s What Could Help BOC Hong Kong (BHKLY) Maintain Its Recent Price Strength
BOC Hong Kong (BHKLY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through ...
Hong Kong transport authorities cut estimated cost of controversial T4 road by 5% to HK$6.81 billion after questions raised over price tag
Transport and Logistics Bureau submits revised funding request over Trunk Road T4 to the legislature's Finance Committee Bureau abruptly withdrew original request for HK$7.16 billion more than a month ...
Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive
Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization ...
Hong Kong to sign 20 cooperation documents with Shanghai to boost ties in digital economy, finance, among other fields
City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development Shanghai mayor Gong Zheng says strengthening ...
Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation
KB, Shinhan, Hana, Woori and NongHhyup -- have set aside a total of nearly 1.7 trillion won ($1.2 billion) in reserve for the compensation of losses related to the misselling of equity-linked ...
HSBC’s Private Bank Shuts IAM Business in HK, Singapore
HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a bank spokesperson said.
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy ...
Hong Kong Approves First Crypto Spot ETFs, Enhancing Its Role as a Digital Asset Hub
Hong Kong's financial market is stepping onto a new stage with the recent approval of its first crypto-related spot exchange-traded funds (ETFs) ...
What’s next in the fee fight for Hong Kong ETFs?
Hong Kong’s financial market will experience competition for the fees among the newly approved Bitcoin and Ethereum exchange-traded products (ETFs). These funds, are licensed by SFC and scheduled to ...
Hong Kong stocks hit 5-month highs as fund positioning shows investors returning to China
HSBC said global funds raised their allocation to China, while cutting the underweight position on the market and reduced exposures to Taiwan and India Mainland investors are also returning to Hong ...
Hong Kong treasury chief tells UK minister BN(O) passports invalid as proof of identity, in bid to sort pensions confusion
Treasury chief Christopher Hui seeks to clear up confusion over whether residents on UK citizenship pathway can withdraw pensions at meeting with visiting British minister Hui and Anne-Marie Trevelyan ...
Hong Kong’s Mox Bank one of fastest growing digital banks worldwide
Mox has the 7th largest credit card book in the city and has 550,000 customers. Hong Kong virtual lender Mox Bank has been named as one of the fastest growing digital banks in the world by management ...