While issuing a renminbi-backed stablecoin is not yet feasible given the current legal framework, Hong Kong's ordinance can serve as a regulatory pilot, offering insights for the central government in ...
HK strengthening as a financial centre: FS
Financial Secretary Paul Chan says Hong Kong's position as an international financial centre is strengthening, citing increased trading volumes and ...
Global investors eye Hong Kong as robust, reliable safe haven for funds: Chan
Global investors eye Hong Kong as a robust and reliable safe haven, noting the city's strength in stock markets, wealth management and insurance, Hong Kong Financial Secretary Paul Chan Mo-po wrote in ...
HK’s financial centre position strengthening: FS
Financial Secretary Paul Chan says Hong Kong's position as an international financial centre is strengthening, citing increased trading volumes and ...
Hong Kong, Mainland China Launch Payment Connect for Real-Time Cross-Border Transactions
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment ...
Singaporean financial adviser’s name and image exploited again in Hong Kong scams
City University Professor Chan Yan-chong stresses he never gives advice online, notes that many victims, including some in Singapore, are retirees.
Hong Kong a safe haven for investors: finance chief
Hong Kong's finance chief on Saturday pledged to turn the territory into a "safe haven" for international investors, and expressed confidence that ...
China’s top HK official says security will ensure city’s success
His comments build on China’s emphasis on national security in recent years. Read more at straitstimes.com. Read more at straitstimes.com.
Alsco Refiles For Hong Kong IPO Amid Less Favorable Conditions
Alsco manufactures foldable containers and boxes as well as metal racks and specialized containers that can be used by auto companies and later returned for reuse. Their foldability means they can be ...
Unisound Launches Modest IPO In Crowded Hong Kong Market
Unisound aims to raise about $40 million through a Hong Kong IPO, with its shares set to start trading on June 30 The AI services provider recorded 29% revenue growth last year and has a relatively ...
PBC, HKMA hold launch ceremony for faster payment systems between mainland and HK
The launch ceremony for faster payment systems between the mainland and Hong Kong Special Administrative Region is held by the People's Bank of China and the Hong Kong Monetary Au ...
China grants Hong Kong new yuan quota as Payment Connect kicks off for 315 million users
Starting from noon on Sunday, the 17 million registered users of Hong Kong’s FPS will be able to remit up to HK$10,000 per day to 298 million users on the mainland’s IBPS.
HKers can use FPS for payments up north from Sunday
Residents from Hong Kong and the mainland will soon be able to use a new fast payment tool to conduct cross-border transactions involving small sums ...
China uses HSBC bank as political tool against dissidents
Numerous pro-democracy activists and government critics from Hong Kong have had their accounts frozen by banking giant HSBC. The actions are raising concerns over China’s growing influence on ...