Hong Kong mandates KYC for stablecoin transactions above $8,000, aiming to reduce financial crime and strengthen regulatory oversight.
Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely
Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...
Air-Conditioner Maker Aux Electric Is Said to Target Hong Kong IPO in September
Aux Electric Co., one of China’s top makers of air conditioners, is targeting to go public in Hong Kong as early as September in a listing that could raise $600 million to $800 million, according to ...
Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the ...
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m (HK$6.88b) in the first six months of 2025. Operating profit is down 25% to ...
2Stumbling Transsion Reportedly Weighing A Dual Listing In Hong Kong – But Is…
Like CATL, Transsion was a strong growth story at the time of its Shanghai listing in 2019, banking on its domination of an African market neglected by many of its peers. The company's stock is ...
Here’s why the HSBC share price crashed in Hong Kong after earnings
The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback.
Hong Kong sees 3.1% growth in second quarter
Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take ...
Hong Kong Economy Grows More Than Expected on Export Strength
Economic growth in Asia’s financial capital grew faster than expected in the second quarter, riding on strong exports as global companies frontloaded shipments to avoid tariffs.
Hong Kong central bank keeps key rate steady, tracking Fed
The Hong Kong Monetary Authority (HKMA) kept the base rate it charges via its overnight discount window unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady ...
Exchange Fund’s return hits a record US$24.7 bn as Hong Kong’s bull run bolsters war chest
The Exchange Fund’s first-half return grew 92 per cent from the HK$110.1 billion gain last year, the Hong Kong Monetary Authority (HKMA) said.
Mox Bank enters insurance with QBE tie-up in Hong Kong
The bank launched “Mox Insure,” its new insurance service platform, and unveiled an exclusive bancassurance partnership with QBE Hongkong & Shanghai Insurance Limited. The first offering under the ...
HSBC profit tumbles as China losses mount
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese bank and Hong Kong real estate, while the bank pushed ahead with a global ...
‘Silver economy’: Hong Kong’s boomers flock to Greater Bay Area to afford retirement homes
The retirement needs of Hong Kong’s baby boomers consist of three pillars: stable income, access to affordable and quality healthcare, and reasonably priced accommodation, according to the chief ...