One Hong Kong official thinks that a government-backed stablecoin might serve as a better entry point to Web3 compared to private stablecoins. Hong Kong authorities are now looking for new ...
A mansion owned by embattled China Evergrande Group's (3333.HK) chairman in Hong Kong's high-class The Peak residential enclave has been seized by lender China Construction Bank (Asia), according to records ...
The BIS Innovation Hub and the Hong Kong Monetary Authority (HKMA) cooperated on a distinct CBDC design that reflects the realities of money issuing in the special administrative jurisdiction. HKMA ...
The world’s largest gambling hub Macau started its second day of mass COVID-19 testing on Monday after a batch of locally transmitted cases were detected over the weekend, with many ...
Hong Kong's central bank intends to organize a major conference in November which it expects will attract global banking bosses, sources said, as the financial hub sets out to resume ...
Didi Global may have guaranteed its continuity after gaining shareholders’ approval for a U.S. stock delisting. But, an instant return to growth will not be easy for the Chinese ride-hailer ...
A break-up proposal from HSBC’s (HSBA.L) biggest shareholder received a lukewarm response from the bank’s shareholders on May 3, raising concerns that a split would prove complex with no guarantee ...
In one of the strongest comments yet by a global lender on the city's tough measures to combat the COVID-19 pandemic, HSBC (HSBA.L) said the economy is hurting from strict ...
On January 28, Hong Kong's Bank of East Asia Ltd said that it wants to buy back up to 8.43% of its total issued shares worth around HK$2.904 billion ($372.65 ...
In the latest move to tighten its grip on its sprawling technology sector, China will put in force new rules to increase its oversight over all plans by Chinese firms ...
