Hong Kong

Fintech & Ecommerce

Hong Kong’s Finance Sector Embraces GenAI

The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.

News

Standard Chartered Sees Important Role of Hong Kong in Global Trade

The outgoing group chairman of Standard Chartered Jose Vinals on Tuesday, March 18, at a media briefing in Hong Kong, where the bank’s international advisory council hosted a meeting, said that the President of the United States Donald Trump is unlikely to impose the so-called super tariffs on China and noted that the current configuration […]

News

ChinaAMC Launches Hong Kong’s Retail Tokenised Money Market Fund

ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management Company, has launched the city’s first tokenised money market fund, which is also available to retail investors.

News

Hong Kong Responds to Questions About Use of Cryptocurrencies as Proof of Wealth

The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.

Blockchain & Crypto

Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.

Finance & Economics

Hong Kong to Ease IPO Rules for Mainland Chinese Companies

Hong Kong’s financial regulators have pledged to ease the listing requirements for companies based in mainland China, noting that these firms view the city’s stock market as a source of funding to support their ambitions to operate globally.

Fintech & Ecommerce

Hong Kong Picks Several Banks and Tech Firms to Test GenAI in Financial Sector

The Hong Kong Monetary Authority (HKMA) has picked ten banks and four technology partners to participate in a project to test several use cases for generative artificial intelligence in the financial services sector.

Blockchain & Crypto

Hong Kong Approves More Cryptocurrency Exchanges

Hong Kong’s securities regulator on Wednesday, December 18, approved the activities of four cryptocurrency exchanges as part of the city’s latest attempt to maintain its competitiveness during a kind of race for the status of a global center for trading digital assets.

News

Chinese Regulators Urge Global Banks to Facilitate Offshore IPO Listings

Chinese regulators, including the China Securities Regulatory Commission (CSRC), have reportedly requested top global banks to expedite offshore listings for Chinese companies in Hong Kong in an effort to boost overseas fundraising and revive the economy.

Science & Technology

Baidu to Test Robotaxi Service in Hong Kong

Baidu has secured approval to test its Apollo Go robotaxi service in Hong Kong, extending its autonomous vehicle operations beyond mainland China.

Blockchain & Crypto

ZA Bank Launches Retail Crypto Services

Hong Kong’s ZA Bank enables retail cryptocurrency trading directly within its app.

Articles

Living Your Best Life After Retirement: Financial Tips for a Happy Retirement

Retirement is a milestone that many look forward to, a time when you can finally leave behind the daily grind and focus on things that truly matter—whether it’s spending more time with family, traveling, or exploring new hobbies. However, enjoying retirement requires careful financial planning. Without it, you risk outliving your savings or struggling to […]

Science & Technology

Hong Kong Unveils Rules for Responsible AI Use

The Hong Kong government has unveiled its first guidelines on the practice of responsible use of artificial intelligence and embraced blockchain, as local regulators seek to stay ahead of the pace of the technological revolution, which is likely to disrupt financial services.

Articles

Most Popular Online Payment Methods for Hong Kongers

The digitalization of the modern world is a trend that continues to evolve as many new options are introduced to our everyday lives, especially in money transactions and processing. New technologies and innovations in the sphere of finance allow much easier access to cash services online and the execution of swift and secure transactions.

News

Institutions Drive Crypto Adoption in South Korea and Hong Kong: Report

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global crypto value received between July 2023 and June 2024. South Korea and Hong Kong stand out as the most crypto-active countries in the region, with institutions driving increased adoption.

News

Hong Kong Demonstrates Readiness to Push Forward Belt and Road Initiative

Hong Kong’s financial secretary Paul Chan said that the city has all the capabilities necessary to facilitate the implementation of the Belt and Road Initiative.