Hong Kong Financial News

24.10 / 13:13

Citi Provident VISA Landmark social 2020 rights A Hong Kong court upholds a ruling in favor of equal inheritance rights for same-sex couples

A Hong Kong court has upheld a ruling that favored the granting of equal inheritance rights to same-sex couples

24.10 / 06:11

The corporate retreat from Hong Kong is accelerating

Serena Ng, Newley Purnell and Frances Yoon contributed to this article. Write to Elaine Yu at [email protected]

24.10 / 04:19

UPS Lowe's ETF Fighting Support China stocks struggle on weak sentiment after state fund's support

China stocks edged up in early trade on Tuesday while Hong Kong shares slipped, as markets struggled to rebound amid a lingering weak sentiment after state fund Central Huijin bought exchange-traded funds (ETFs) to bolster the market. China's blue-chip CSI 300 Index added 0.3% and Hong Kong's Hang Seng Index lost 0.3%, both hovering around the lowest levels in the year. The weakness comes against broad fragile sentiment around the globe on risks of continued fighting between Israel and Hamas. A gauge of global equity markets fell to an almost seven-month low on the outlook, as the benchmark U.S.

24.10 / 03:01

Provident Digital Cooper Platform Cross-border Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank

A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.

23.10 / 15:37

Crypto products Virtual assets Safeguards Hong Kong Regulator Gives Greenlight to Wider Retail Virtual Asset Investments With Applicable Safeguards

Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments.

23.10 / 13:38

Social Media security Reddit Investment community Today in Crypto: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes Alleged Insider-Trading Moderators

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

23.10 / 13:38

Crypto products Safeguards Hong Kong Regulator Gives Green Light to Wider Retail Virtual Asset Investments With Applicable Safeguards

23.10 / 05:07

Crypto regulations JPEX scandal Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal

Hong Kong's Commissioner of Customs and Excise, Louise Ho Pui-shan, has called for increased oversight and regulatory measures in response to mounting money-laundering risks within the crypto sector.

23.10 / 05:07

UPS BLOCK Discover Experts country reports recommendations Top 10 stocks to watch out for ahead of the critical mineral mines auction

gold or silver, these precious metals are so ubiquitous that they’ve now become a part of our language. However, when it comes to an investment perspective, people have stark views towards gold. For some, gold is a very polarising topic in the investment community while there are some who swear by it.

23.10 / 02:33

NASDAQ DOW NIFTY reports recommendations Weekend 6 things that changed for the stock market over the weekend - Gift Nifty to selloff on Wall Street

Global market, including India, will take further cues from geopolitical developments, oil prices and bond yield fluctuations, along with earnings of major companies. “We expect earnings season to pick up pace in a truncated week which would direct the market trend along with global cues. On the global front, ECB (European Central Bank) will announce interest rate decision this week," Siddhartha Khemka, Head – Retail Research at Motilal Oswal Financial Services Ltd, said.

20.10 / 23:25

Provident FIVE Digital Platform gossips prevention guidelines Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Hong Kong's Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry.

20.10 / 17:19

Law regulation Asia Updates Hong Kong securities regulator updates crypto policies, citing market developments

The Securities and Futures Commission (SFC) of Hong Kong announced it will update its policies on virtual currency sales and requirements “in light of the latest market developments and enquiries from the industry.”

20.10 / 15:17

Target BLOCK Manufacturing NVIDIA Intel cover China Tightens Its Chokehold on Graphite Needed for EV Batteries

HONG KONG—China is strengthening restrictions on exports of graphite, a key mineral needed for the production of electric-vehicle batteries and fuel cells, the latest move in an intensifying global tussle over the building blocks of critical technologies. Citing national-security concerns, China’s Commerce Ministry said Friday that exports of several categories of natural and synthetic graphite materials would require permits under a system used to control trade in items with dual civilian and military uses starting Dec.

20.10 / 12:59

Asia Abrdn Investment trusts People moves Investment Trust abrdn Asia Focus manager Hugh Young to retire after 43 years

Hugh Young (pictured) is retiring from the industry after 43 years.

20.10 / 10:55

Provident Digital Platform coinbase ByteDance Intel OneKey Breaks New Ground with OKX App Partnership: Ushering in the Future of Decentralized Banking

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

20.10 / 10:55

CBDC Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation

The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" International Cooperation Summit Forum in Beijing this week.

20.10 / 10:41

UPS ANZ country reports strain China's troubled property sector to face more debt defaults

By Xie Yu

20.10 / 09:37

UPS DOW COMPOSITE DAX Stock market today: World shares slip as higher US 10-year Treasury yield pressures Wall Street

World shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street

20.10 / 06:39

UPS WhatsApp country Distressed developer Evergrande revises restructuring plan amid increasing uncertainty

Also read: China Evergrande's EV unit suspends $500 million share subscription deal, stock to resume trading The development adds to Evergrande’s increasingly uncertain fate, after the company said late last month that founder Hui Ka Yan has been suspected of committing crimes and placed under police control. The world’s most indebted developer with liabilities exceeding $300 billion will face an October 30 court hearing in Hong Kong of a petition to wind up the firm, which could lay bare the once-unthinkable possibility of liquidating its assets.

20.10 / 05:39

Provident China Evergrande revises terms of proposed restructuring

(Reuters) -China Evergrande Group said on Friday it was revising the terms of a proposed offshore debt restructuring deal to meet the firm's situation and creditors' demand, without providing details.

20.10 / 05:17

UPS Citi economy BURST show song China property market shows little signs of revival despite stimulus

By Clare Jim and Liangping Gao

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