Hong Kong does not play a major role in China's cross-border data flow even under the newly relaxed rules, said Gordon Milner, a partner at law firm Morrison & Foerster Firms looking to export data from the mainland to Hong Kong will need to go through the same compliance steps required for sending data elsewhere ...
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
James Seyffart, senior ETF analyst at Bloomberg Intelligence, noted a "potential fee war" unfolding between issuers, with Harvest waiving all fees for the first six months. After the initial period, it will charge 0.3% for both its spot BTC and ETH funds, undercutting the Bosera-HashKey funds' 0.6% and ChinaAMC's 0.99% management fees.
Hong Kong: Marquee Port in Asia
After reopening its borders in early 2023, Hong Kong is steadily recovering its prominent position in the cruise market in Asia. Considered a major hub for c
136 family offices eyeing setting up or expanding operations in Hong Kong: treasury chief
Treasury chief Christopher Hui says figure includes 82 family offices based on mainland, 27 from Europe and nine located in the Middle East.
2 members of thwarted Hong Kong bomb plot stole chemicals from university laboratory to make explosives, court hears
Theft was part of wider plan to detonate two bombs in Wan Chai on December 8, 2019, during lawful protest, prosecution says.
Hong Kong Approves Crypto ETFs With a Key Difference
Hong Kong's latest milestone in fashioning itself to be Asia's premier market for cryptocurrencies has the support of a group of unlikely supporters—traditional fund houses from mainland China, where ...
Is There Light at the End of the Tunnel for Hong Kong?
Hong Kong’s stock market used to be the world’s top equity fundraising venue. Not anymore: In the number one spot as recently as 2019, it didn’t even break the top five in 2023 according to Dealogic.
Hong Kong lawmakers urge authorities to boost overseas confidence in city as they review budget
Lawmakers have urged the government to increase overseas confidence in Hong Kong in response to “smears” from foreign critics, as well as calling for it to step up explanation efforts for the city’s ...
Hong Kong’s Hang Seng hits 2024 high as traders warm to ‘un-investable’ China stocks
Hong Kong’s Hang Seng index jumped 2.2% Wednesday, to close at its highest since late November as a rebound in China-related stocks picked up steam. Hong Kong’s benchmark index which includes the ...
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
Chinese brokerage Haitong Securities removed Lin Yong from chief executive of its Hong Kong-based offshore unit, according to an internal memo and a company source with knowledge of the matter.
Indian authorities launch spices probe after Hong Kong, Singapore pull products from shelves over cancer-causing pesticide
Centre for Food Safety this month ordered four pre-packaged spice mix products from India to be recalled after it found the pesticide ethylene oxide in samples.
Private Credit Is Disrupting Hong Kong Bankers’ Cozy Lives
Does the city really need 197,800 financiers when deep-pocketed private credit is marching in and cutting out the intermediaries?
Hong Kong to encourage use of pre-made housing with more private sector incentives
Development minister Bernadette Linn says ‘modular integrated construction’ method may help to offset predicted manpower shortfall for building sector.
Hong Kong’s Peak Tram service suspended for third straight day due to fallen trees near tracks
Government effort ‘remains in progress’ after several trees fell near the Barker Road station on Sunday, tram company says.