Crypto regulations are a competitive business in Asia, with places such as Hong Kong and Singapore vying to become Asia’s crypto hub and capture ...

Do governments see crypto as a legitimate currency now? The Hong Kong Monetary Authority launched its "Supervisory Incubator for Distributed Ledger ...

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

Hong Kong Monetary Authority (HKMA) initiated accepting applications for Digital Bond Grant Scheme (the Grant Scheme) to financially ...

THE Hong Kong Monetary Authority (HKMA) left its base rate unchanged at 4.75 per cent on Thursday (Jan 30), tracking a move... Lenders with soured loans and mortgages have been reluctant to sell the ...

Hongkongers are facing many economic uncertainties, with a trade war topping the list, but the city's diversified export destinations and support from mainland China will help reduce any negative ...

In a bold move to capitalize on the growing Web3 market, Tencent-backed (TME) WeBank has announced plans to expand its operations in Hong Kong, leveraging its subsidiary and a substantial war chest of ...

WeBank shared its plans to tap into the expanding Web3 market in Hong Kong. According to reports, the Tencent-backed lender wants to use its subsidiary to ...

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal ...

Renminbi deposits fell, whilst RMB remittance rose in December. Total deposits with authorized institutions in Hong Kong rose ...