Cathie Wood, was a guest speaker at the Hong Kong web3carnival.focusing on flaws, she talked about crypto and blockchain technologies’ ...
Hong Kong to cut tax on intellectual property profits to 5%, align copyright law with AI advances
Tax on profits derived from qualifying IP will be reduced to encourage companies to devote more resources to R&D, according to finance chief Paul Chan City should also focus on exploiting 'enormous ...
Korean banks compensate retailers for Hong Kong-tied ELS losses
Other banks including KB Kookmin, Woori and HN Nonghyup are set to follow suit, but it appears to be taking some time for them to come up with their compensation plans for their Hong Kong-tied ELS ...
Web3 Festival attracts smaller crowd, greater enthusiasm in Hong Kong after record bitcoin price
While there were fewer exhibitors this year, the Web3 Festival has attracted a more international crowd with 80 per cent of participants from outside the city Attendees offered glowing assessments of ...
Financial regulators discuss offering HK-domiciled funds in Dubai
The Hong Kong Securities and Futures Commission (SFC) and the Dubai Financial Services Authority (DFSA) co-hosted a high-level roundtable in Hong Kong on Saturday, discussing opportunities for Hong ...
Hong Kong to light up skies for Labour Day ‘golden week’ holiday
Tourism Board chief says fireworks and drone shows will be staged on a regular basis from May to add 'icing on the cake' for tourists Mainland China's Labour Day 'golden week' is expected to bring ...
Hong Kong Deputy Secretary says Web3 tech is revolutionary at Carnival opening
During the opening ceremony of the Web3 Carnival in Hong Kong, Huang Weilun, who serves as the Deputy Secretary of Financial Services and the Treasury of the Hong Kong Special Administrative Region, ...
ZA Bank launches banking services for stablecoin issuers
In a bid to boost local Web3 adoption, Hong Kong-based ZA Bank has announced that it will offer banking services to issuers of stablecoins. According to its official announcement, the online banking ...
Stringent background checks on investors such as Dubai’s Sheikh Ali Al Maktoum could send wrong message about Hong Kong, sources say
Heavy scrutiny of Dubai prince launching US$500 million family office in city could have 'potentially offended' other overseas investors, three senior officials say But source admits only cursory ...
HSBC HOLDINGS (00005.HK) Expects HK’s IPO Mkt to Not Recover Until 2H24
According to foreign media reports, Greg Guyett, chief executive of global banking and capital markets at HSBC HOLDINGS (00005.HK), said Hong Kong's sluggish IPO market is unlikely to recover until ...
Carbon finance: why deals to fund nature-based climate mitigation and adaptation no longer count on carbon credits
Climate mitigation and adaptation projects that ‘stand on their own’ appeal to more mainstream investors, one financier says, especially after controversies that dented confidence in voluntary carbon ...
Hong Kong’s Top Bank Initiates Talks for Stablecoin Cash Reserves, What’s Next?
Unraveling how Hong Kong's strategic initiatives and collaborative efforts with ZA Bank and leading asset managers are propelling its ascent as a global digital asset hub.
HSBC’s top banker sees muted recovery for HK stock offerings
Initial public offerings have been depressed in Hong Kong, with proceeds slumping to the lowest in more than two decades last year ...
Hong Kong Sevens: ‘It was amateurish but fun,’ says former England star Bob Lloyd of 1976’s first edition when he led hosts to Plate glory
The Cathay/HSBC Hong Kong Sevens takes place from April 5 to April 7 at Hong Kong Stadium Lloyd captained Hong Kong in the inaugural tournament, staged at Hong Kong Football Club in 1976 Were it not ...