Then Beijing went for changing the electoral system inviting huge protests. On April 29, 2024, the Hong Kong-based South China Morning Post wrote: “Chinese consumers are increasing their appetite for ...
Hong Kong retailers to accept digital yuan as e-CNY pilot expands
CNY would offer a secure and convenient method for residents of Hong Kong and the Mainland to conduct retail transactions across borders. As part of the expanded pilot program, he noted that Hong Kong ...
Chan Ka-keung Thinks Conditions for Launching IPO Connect are Not Present Yet
This is because IPO Connect would involve the regulatory regimes of both Hong Kong and the Mainland, which are quite different at present. Related News G Sachs: Potential Div. Tax Cut Strongly Bullish ...
HSBC HOLDINGS Buys back ~7.73M Shrs in Total Last Fri
HSBC HOLDINGS (00005.HK) repurchased 4.5356 million shares of the company in London last Friday (17th) at GBP6.895-6.992 per share, with an average price of GBP6.9559 per share, for a total of ...
Hong Kong stocks at 10-month highs after China’s property rescue measures
Sportswear maker Li Ning jumped 4.5 per cent to HK$23 while online travel agency Trip.com added 3.1 per cent to HK$452.20. The People Bank’s of China on Friday announced some of the most aggressive ...
Hong Kong’s family office measures succeed in attracting global interest: JPMorgan Private Bank
With tax and regulations on the top of the list for family offices, Hong Kong scores well in these areas, JPMorgan Private Bank's Paul Knox says Most of the interest is from the bank's clients in ...
{Block Trade}CM BANK (03968): 1m shares, or HK$38.52m
The deal amounted to HK$38.52m, or at HK$38.525 per share, 2.2% lower than previous close. CM BANK is now trading down 2.16% to HK$38.55, with 10.67 million shares of HK$414.7m ...
Australian investors snag Hong Kong bargains as share prices surge
Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest stock markets.
Hong Kong finance secretary vows to even out economic recovery through better market conditions, boost to consumer confidence
Hong Kong’s economic fightback has had varying success across different sectors, despite an improvement in the property and stock markets after cooling measures were ditched, the financial minister ...
Hong Kong needs to start decarbonising its buildings. Here’s how
The EU’s net-zero plan for buildings is a good model. For a start, Hong Kong needs a mandatory energy label for buildings as a basis, and a combination of information, incentives and regulation to suc ...
How elaborate deepfake scam duped finance worker into paying out $25 million
The employee attended a video call with people he recognized as the chief financial officer and other corporate officers — but who turned out to be deepfake creations.
Raytech Holding Limited Announces Closing of $6 Million Initial Public Offering
Raytech Holding Limited (the “Company” or “RAY”), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners ...
Hong Kong e-CNY pilot expands: residents can open digital-yuan wallets and top up via FPS, no mainland account required
The move aims to expand the scope and scale of a cross-boundary pilot of the Chinese central bank digital currency that the HKMA has been conducting, along with the People's Bank of China (PBOC), ...
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The Hong Kong Monetary Authority (HKMA) and the Peoples Bank of China (PBOC) expanded the scope of their cross-border digital yuan pilot to allow the use of e-CNY wallets by Hong Kong residents.