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.
Hong Kong regulator warns JPEX exchange over illegal operations
Hong Kong’s journey toward becoming a regional cryptocurrency hub has hit a regulatory roadblock as its top financial watchdog, the Securities and Futures Commission (SFC), issues a stern warning ...
Dubai and Hong Kong Signs Memorandum of Understanding To Promote Financial Cooperation, Including Virtual Assets
The MoU will facilitate policy communication between the two cities to explore development in family offices, fintech, green and sustainable finance.
Opening Hong Kong Bank Accounts Is Getting Harder For Mainlanders
The Hong Kong Monetary Authority followed the United States Federal Reserve's move and hiked interest rates to between 5.25 percent and 5.5 percent. Local banks have interest rates on fixed-term ...
US Treasury Official Visits Hong Kong in Bid to Deepen Ties With China
HONG KONG (Reuters) - U.S. Treasury official Brent Neiman visited Hong Kong on Thursday, the highest ranking Treasury official to visit the financial hub since 2019, U.S. authorities said, as ...
Richard Li-backed insurer FWD postpones Hong Kong IPO plan for second time amid stock-market doldrums
FWD Group Holdings, the Hong Kong-based insurer backed by billionaire Richard Li Tzar-kai, has decided to postpone its Hong Kong initial public offering (IPO) for the second time due to ongoing market volatility.
Dubai and Hong Kong establish corridor to promote family offices, fintech and green finance
The governments of Dubai and Hong Kong have signed an agreement to establish an economic corridor for promoting cross border trading, family offices, fintech and green finance, according to a ...
Australian lender NAB to close Hong Kong office
National Australia Bank (NAB) said on Thursday it would shut its Hong Kong branch, as offices in Singapore, Tokyo and Shanghai were its preferred customer outreach hubs in Asia.