City Hong Kong Financial News

26.06 / 16:07

wellness cover Department prevention International U.S. sanctions 'sprawling' shadow banking network for supporting Iranian military

A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military have been hit with U.S. economic sanctions

26.06 / 14:33

defi Metaverse Hong Kong Government Explores DeFi and Metaverse to Boost Fintech Dominance

The Hong Kong government has turned its attention to decentralized finance (DeFi) and metaverse technologies in an effort to strengthen its position in the global fintech landscape.

26.06 / 00:21

markets IPO CEO security Trade show International The yuan's status as a global currency might be gaining ground. But top CEOs see more hurdles to clear

DALIAN, China — For China's yuan to be used more globally, the currency needs more «applications» such as for stocks and bonds, Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited, said on a panel Tuesday.

25.06 / 18:01

UPS Target Digital wellness trends Manulife boosts key profit target at investor day in Hong Kong

Manulife Financial Corp. says it has boosted a key profitability target as it hosts its first investor day in Asia since 2017.

25.06 / 11:49

Digital Platform trends Trade Hong Kong Crypto prevention Hong Kong Officials Promote Ready-to-Move Tech Hub for Canadian Web3 Startups

Hong Kong government entities have attended a tech conference in Toronto, where they showcased the city’s offshore ready-to-move technology hub for Canadian crypto and Web3 startups.

25.06 / 07:25

markets UPS NVIDIA Nikkei Trade Asian stocks Stock market today: Asian stocks follow Wall Street rise, but Nvidia tumbles again as AI mania cools

Asian stocks rise after another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied

24.06 / 08:21

Stablecoin Web3 Hong Kong Seeks Policy Ideas to Boost Web3 and Virtual Asset Growth

The Legislative Council (LegCo) of Hong Kong is calling for web3 and virtual asset policy ideas to foster industry growth.

24.06 / 06:57

markets UPS DOW NVIDIA Nikkei Trade reports Stock market today: Asian shares lower after Wall Street closes another winning week

Asian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run

24.06 / 04:33

UPS Target Software Election Universities reports Chinese hackers have stepped up attacks on Taiwanese organizations, cybersecurity firm says

A cybersecurity intelligence company says a suspected Chinese state-sponsored hacking group has intensified attacks on Taiwanese organizations, particularly those in sectors such as the government, education and technology

21.06 / 21:25

Ethereum Bitcoin Standard Chartered Standard Chartered Plans to Offer Spot Trading Desk for Bitcoin and Ethereum

Standard Chartered Bank is planning to offer a spot trading desk for Bitcoin and Ethereum to enable direct spot trading of cryptocurrencies, according to an insider. This latest development aligns with the multinational bank’s huge interest in the crypto market.

20.06 / 10:57

markets COST Target economy Trade show Stock market today: Global stocks are mixed as central banks hold off on rate cuts

European markets have opened higher after a mixed day of trading in Asia

19.06 / 11:09

markets UPS DOW economy Trade show Stock market today: Global stocks are mixed after Wall Street edges to more records

Global stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

19.06 / 07:37

markets Digital Crypto regulations reports International Destinations Hong Kong to Advance Crypto Market with New License: OSL CFO

Hong Kong digital asset exchange OSL ’s Chief Financial Officer David Wu says that the government might introduce a new license to advance crypto regulation.

18.06 / 16:07

UPS Adidas Celebrity singer reports Investigations athletics Adidas is investigating allegations of embezzlement and bribery in China, according to news reports

Adidas has launched an investigation into allegations of “compliance violations” in China after receiving an anonymous letter earlier this month accusing local executives of embezzling millions of euros

18.06 / 14:05

COST UPS FIVE Manufacturing electronic prevention India wants to restrict Chinese imports of PCBs. Automakers say not yet

to impose anti-dumping duty on printed circuit boards (PCBs) imported from China and Hong Kong. PCBs form the base of the many integrated circuits that control electronic functions in modern automobiles.

17.06 / 12:37

markets Extreme Mobile Tesla wellness Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

In this article

14.06 / 09:49

Provident Crypto Trading Platform security Trade Bitcoin More Hong Kong Brokerages Are Providing Crypto Trading Services

As Victory Securities expands with crypto services, more Hong Kong brokerages are offering virtual asset trading options.

14.06 / 08:15

UPS Provident Reuters PwC reports Courts Investigations Evergrande liquidation law firm probing PwC, others for potential claims

liquidators of China Evergrande Group are investigating some of the property developer's service providers including its former auditor PricewaterhouseCoopers, to potentially recoup losses for creditors, three sources said. Evergrande, once China's largest property developer, was ordered to be liquidated by a Hong Kong court in January, after it failed to deliver a concrete restructuring plan for its $23 billion worth of offshore debt deemed to be in default.

12.06 / 11:47

Digital ETF Trade innovations Spot ETFs Features crypto ETFs Hong Kong Finance Secretary Highlights Flexibility for the City’s 6 Spot Crypto ETFs

Hong Kong’s finance secretary, Christopher Hui, highlighted the flexibility offered by the in-kind subscription and redemption feature of the city’s six spot crypto exchange-traded funds (ETFs) as part of Hong Kong’s ongoing effort to establish itself as a regional cryptocurrency hub.

07.06 / 11:42

markets UPS economy Trade show reports Asian stocks Stock market today: Asian stocks are mixed ahead of key U.S. jobs data

Asian stocks are mixed after a steady Thursday on Wall Street as markets anticipate the key U.S. jobs data that will be revealed later in the day

07.06 / 11:41

markets UPS DOW Trade show Stock market today: World stocks are mixed ahead of key U.S. jobs data

World stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the day

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