Hong Kong media mogul Jimmy Lai was willing to provide “all kinds of help,” including a HK$1.5 million loan, to activists launching a global advertising campaign in June 2019, the mogul’s national ...
Resilience and reform: Hong Kong adapts to change
2023 was undoubtedly a challenging year for Hong Kong IPO activity. IPO proceeds declined for the third year in a row, falling 33 percent from US$8.5 billion in 2022 to US$5.7 billion in 2023. Hong ...
Hong Kong-Listed Bitcoin ETFs Could Unlock Upto $25B in Demand, Crypto Firm Says
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Global data trading has ‘clear potential’ to become thriving industry in Hong Kong: Paul Chan
Financial Secretary Paul Chan touts importance of supporting data flows during two-day summit bringing together business leaders to discuss digital economy 'From digital payments to generative AI, ...
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says
Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound ...
Buy Rating for BOC Hong Kong (Holdings) Backed by Regional Growth and Financial Prudence
Analyst Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report) and increased the price ...
Hang Seng Bank: Hold Rating Maintained Amid Shareholder Returns and Quest for Sustainable ROE Growth
Hang Seng Bank (HSNGF – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Sam ...
Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers
With our new dedicated client accounts, we are tackling the unique challenges of stablecoin issuers head-on, promoting the growth and stability of the Web3 economy,” said Devon Sin, ZA Bank ...
Chinese Financial Institutions Turn to Hong Kong’s New Bitcoin ETF
With Hong Kong asset managers somewhat reluctant to submit applications for the new ETF, a series of multibillion-dollar firms from Mainland China have entered the market.
Hong Kong could approve spot Bitcoin ETFs as early as this month: Reuters
Hong Kong’s Securities and Futures Commission (SFC), an independent statutory body charged with regulating the securities and futures markets, is likely to approve Spot Bitcoin Exchange-Traded Funds ...
Hong Kong stocks rise to 4-month highs as corporate buy-backs lift investor sentiment
Hong Kong stocks rose as a growing number of corporate buy-backs triggered bets that the market is nearing a bottom.
UPDATE 1-China sets yuan fixing with strongest upward bias since 2018
China's central bank ramped up support for the yuan in its daily guidance on Thursday after an overnight surge in the U.S. dollar put authorities on alert for sharp declines in the local currency. The ...
Hong Kong’s Incoming Spot Bitcoin ETFs Could Be ‘Big Deal.’ Here’s What Analysts Say
Heightened anticipation for spot-based bitcoin ETFs in the U.S. and the eventual inflows supercharged bitcoin's run-up to new all-time highs, and now Hong Kong regulators reportedly are inching closer ...
Buyouts Brighten Outlook for Hong Kong Bankers: Bloomberg Deals
Hi, it’s Manuel Baigorri in Hong Kong, where the trend of take-private deals is on the rise and keeping bankers busy. That’s a relief as other dealmaking activity in the Asian financial hub slows.