Hong Kong police have arrested influencer Joseph Lam Chok in connection with cryptocurrency trading platform JPEX, which is at the centre of an investigation by the force and the city’s financial ...
Mainland Markets Rise As Hong Kong Shorts Press Their Bets
Asian equities had a rough start to the week except for Mainland China, which outperformed the region while Japan was closed for the “Respect for the Aged Day” holiday.
7 in 10 Hongkongers expect to work after retirement, as savings will not suffice to provide quality of life: HSBC survey
Hong Kong people believe they need US$1.1 million to retire comfortably, but they face a shortfall of US$815,000, HSBC survey says Yet Hongkongers are less likely than their peers in other places ...
Hong Kong home prices seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates
Hong Kong home prices are expected to fall by up to 5 per cent by the end of this year, analysts say, after seven major lenders said they will raise their mortgage rates as early as Monday. HSBC, ...
JPEX-Crypto Platform to suspend trades on Monday amid investigation in Hong Kong
Police have received at least 83 complaints related to platform, involving virtual assets worth about HK$34 million.
Hong Kong Warns Crypto Firms Against Using Banking Terms
The Hong Kong Monetary Authority (HKMA) has warned the public about cryptocurrency companies that pose as banks and use banking terminology.
Hang Seng names new head of commercial banking
Hang Seng Bank appointed Regina Lee as head of commercial banking and a member of the Executive Committee, effective 14 October. Regina will take over from Donald Lam, the current Head of Commercial ...
StanChart HK inks MOU to promote business, dev’t between HK and Dubai
This include promoting the growth of family offices, fintechs, and virtual asset industries. Standard Chartered Bank Hong Kong has inked a memorandum of understanding (MOU) with the Dubai Department ...
Meet the typical Hong Kong millennial: They’re supporting their parents, can’t afford to buy homes, and have zero interest in moving to mainland China
Over 80% of millennials in Hong Kong live with their parents. The 2019-2020 protests had an impact on their mindset. Hong Kong's millennials differ from their elders by being more vocal, expressive, ...
Indonesian courier J&T aims to raise up to $1.36b in Hong Kong IPO, but may face regulatory hurdle
J&T appears to breach Indonesian rule capping foreign investor holding in a courier company to 49 per cent. Read more at straitstimes.com.
Hong Kong’s Central Bank Warns Crypto Firms Misrepresenting Themselves as Banks
The Hong Kong Monetary Authority (HKMA) has issued a public advisory warning against crypto businesses that are presenting themselves as "banks" or labeling ...
Hong Kong central bank warns against crypto firms using banking terms
Hong Kong's central bank said that only licensed institutions are authorized to carry out deposit-taking businesses in the region.
Hong Kong will review feedback over nightlife campaign and offer new ideas, finance chief says, as city leader admits spending habits take time to change
Financial Secretary Paul Chan says newly launched 'Night Vibes Hong Kong' campaign will 'create happy memories' for locals and boost visitor numbers, despite criticisms City leader John Lee also ...
Hong Kong Steps Up Crypto Regulation with Warnings to Imitation Banks – Here’s What You Need to Know
The Hong Kong Monetary Authority warns crypto companies against using the term "bank," as it misleads the public. Learn about Hong Kong's crypto regulation efforts.