Cash transactions will not be available during the weekends. The Bank of East Asia (BEA) extended its business hours for three branches in Hong Kong. The branches of Causeway Bay, Tsim Sha Tsui, and ...
Ripple joins Hong Kong CBDC pilot, partners with Fubon Bank
Ripple Labs has launched a new payment platform for a central bank digital currency (CBDC) in Hong Kong. The San Francisco-based payment protocol and exchange network will partner with Fubon Bank, a ...
R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO
Alibaba's logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in ...
Hong Kong launches digital currency pilot: 16 firms join the program
Hong Kong, a global financial hub, has taken a major step towards embracing digital currencies as it launches a digital currency pilot.
FTSE 100 Live: Pound hits four-week low, Hong Kong stocks slide
Simon Hunt. Stocks fell in Hong Kong this morning after Alibaba’s fourth-quarter sales miss added to fears of a slowdown in ...
Asia expected to face headwinds despite lead in global IPO market
IPO sentiment in the APAC region will continue to be affected by high interest rates, the banking crisis and geopolitical tensions ...
Hang Seng Bank, Visa to test CBDC use cases in Hong Kong
The three will collaborate to explore the feasibility of tokenised deposits. Visa, alongside HSBC and Hang Seng Bank, has been selected as participants for the research and testing of central bank ...
Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express
Mastercard and Visa join Hong Kong's CBDC pilot, new instalment in Justin Sun's Huobi soap opera, and a GameFi token pumps on no news.
Hong Kong earmarks additional HK$5 billion for ‘safeguarding national security’
The Hong Kong government allocated an extra HK$5 billion to its national security “special fund” in the last financial year, an official document published on Friday has revealed. Citing the national ...
HK moves step closer towards digital currency
The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...
Hong Kong accountant loses HK$700,000 in phishing scam, joining 1,408 others who collectively lost HK$26.1 million this year
We have difficulties identifying suspects as they are not in Hong Kong." Chan added that most of the time ... said it was negotiating with police, the banking sector and mobile network operators about ...
HK moves step towards digital currency
The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...
Hong Kong proposes speeding up land lease renewal process, with 300,000 sites to expire by 2047
"As the leases granted in the early days of Hong Kong gradually come to their expiry date ... For land under multiple ownership, the department would grant a new lease to the Financial Secretary ...
Hong Kong banks hike deposit rates as cash conditions tighten
Banks in Hong Kong are rushing to raise deposit rates and attract retail money as a spurt in loan demand and investment outflows led to an abrupt tightening of cash conditions. The scramble to lure ...