City Hong Kong, China Financial News

15.12 / 01:51

Digital Hong Kong Firms Make First Cross-border Digital Yuan Commodity Payments

Hong Kong-based firms have made the first “cross-border” commodity payments with the Mainland Chinese digital yuan, as the CBDC takes its first international steps.

07.02 / 15:05

COST Citi Platform Action Trade electronic Hong Kong's post office continues to suspend packages for US

Hong Kong’s post office has announced it would continue to suspend shipping items containing goods to the United States until further notice, despite its American counterpart having reversed its ban on packages from the city and other parts of China

05.02 / 16:23

Fox Manufacturing security President information International Vaccines USPS reverses decision to suspend inbound packages from China, Hong Kong

Sen. Ron Johnson, R-Wis., breaks down how President Donald Trump’s tariff policies are addressing the fentanyl crisis and explains his subpoena for information on the COVID vaccine on ‘The Bottom Line.’

04.12 / 01:27

Updates Namibia Women vs Thailand Women Live Score: Match 1 of Women's T20I Quadrangular Series in Hong Kong, China, 2024 to start at 07:00 AM

Venue : Tin Kwong Road Recreation Ground Namibia Women squad - Jurriene Diergaardt, Edelle Van Zyl, Merczerly Gorases, Sylvia Shihepo, Yasmeen Khan, Sune Wittmann, Kayleen Green, Mekelaye Mwatile, Wilka Mwatile, Irene van Zyl, Victoria Hamunyela Thailand Women squad - Naruemol Chaiwai, Aphisara Suwanchonrathi, Rosenan Kanoh, Nannapat Koncharoenkai, Suwanan Khiaoto, Chanida Sutthiruang, Nattaya Boochatham, Phannita Maya, Suleeporn Laomi, Sunida Chaturongrattana, Thipatcha Putthawong Namibia Women vs Thailand Women Match Details Match 1 of Women's T20I Quadrangular Series in Hong Kong, China, 2024 between Namibia Women and Thailand Women to be held at Tin Kwong Road Recreation Ground at 07:00 AM.

28.08 / 04:33

Citi Target security Apple Freedom 2020 reports What's at stake as 2 Hong Kong journalists await a verdict in their sedition trial?

Two journalists who led a now-shuttered Hong Kong online news outlet will hear a verdict in their sedition case on Thursday, in a trial that’s seen as an indicator for press freedom in the semi-autonomous Chinese city

25.07 / 03:51

Citi security Apple Freedom country 2020 Courts Publisher Jimmy Lai will testify in his defense at Hong Kong national security trial, lawyer says

A lawyer says activist publisher Jimmy Lai will testify in his defense at his Hong Kong national security trial

21.03 / 08:13

Provident CBDC Digital reports testing Features Hong Kong Central Bank Raises Red Flag on Deceptive Digital Currency Trial Entities

Hong Kong’s central bank cautioned the public Wednesday about schemes falsely claiming association with its e-HKD pilot projects. The warning comes as Hong Kong explores the potential of a central bank digital currency through various trial projects.

20.03 / 02:55

Citi Citizens Action security Bill President rights Hong Kong lawmakers unanimously approve security law giving government more power to curb dissent

Hong Kong’s lawmakers unanimously passed a new national security law that grants the government more power to quash dissent in the southern Chinese city

01.11 / 07:55

Citi Apple Exodus pandemic country 2020 Beijing's crackdown fails to dim Hong Kong's luster, as talent scheme lures mainland Chinese

The exodus of tens of thousands of professionals from Hong Kong, triggered by Beijing’s crackdown on its civil liberties, is being offset by new arrivals: mainland Chinese keen to move to the former British colony

06.10 / 02:01

UPS Digital Platform China Connects Digital Yuan to Hong Kong’s Fast Payment System

China has taken another step forward in its digital yuan pilot – connecting its CBDC platform to Hong Kong’s Fast Payment System (FPS).

04.09 / 19:47

Citi Hong Kong saw hottest summer on record in '23

Hong Kong experienced its hottest summer on record this year, with the city seeing «record-breaking» temperatures, the government said Monday, the latest region to experience the impact of a warming planet.Climate change has fuelled searing temperatures across the globe already this year, with India, Japan and Australia last week announcing recent temperature records toppled. In the semi-autonomous Chinese region of Hong Kong, officials declared on Monday that «together with the exceptionally hot weather in June and July, Hong Kong experienced the hottest summer on record from June to August 2023». The city recorded a monthly mean temperature of 29.7 degrees Celsius (85 degrees Fahrenheit) last month, the hottest August on record, according to the Hong Kong Observatory. This year also saw the third-hottest July and fourth-hottest June since records began in 1884. The top three warmest years in Hong Kong's history were all recorded after 2018. August was also «much drier than usual with a total rainfall of 5.5 inches,» the Observatory added.

24.08 / 01:13

UPS Citi Target Digital Cross-border Digital Yuan ‘Spurs Rise in Mainland China-Hong Kong Cross-border Payments’

The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested.

17.08 / 13:51

Government Adoption regulation Web3 Banks Hong Kong’s crypto stance: Execs weigh in on Web3 in the region

The Chinese special administrative region of Hong Kong is aiming to become a leading crypto hub, as the region started to promote the development of Web3. At the same time, its securities regulator has begun to actively regulate the crypto space, awarding licenses for retail crypto trading.

20.07 / 06:47

business CBDC Adoption regulation Bank of China transaction volume China’s digital yuan nears $250B transaction volume: Central bank governor

Nearly $250 billion worth of transactions have taken place using China’s digital yuan in the one-and-a-half years since the start of its pilot, the country’s central bank governor has claimed.

12.07 / 12:25

crypto ban Hong Kong's Grey Zone Crypto Stores Draw in Chinese Visitors

According to a report from the Financial Times, the influx of Chinese tourists into Hong Kong has witnessed a peculiar trend in recent months, as more individuals seek to purchase cryptocurrencies during their visits.

15.12 / 17:35

ETF stock exchange Bitcoin Hong Kong Crypto crypto futures Hong Kong crypto futures ETFs raise over $70M ahead of debut

Crypto futures exchange-traded funds (ETFs) managed by CSOP Asset Management have raised $73.6 million in investments ahead of their listing on the Hong Kong stock exchange on Dec. 16.

21.10 / 14:05

regulation Investments NOT Not like China: Hong Kong reportedly wants to legalize crypto trading

Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry.

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