Hong Kong has been working on establishing a stablecoin regime since 2023. The nation had published a consultation paper on ...

Things you need to know A brief profile of the eight virtual banks in Hong Kong So far, the HKMA has given out operating licences to eight virtual banks in the city. Here is a brief intro to the ...

Chinese B2B cross-border trade payment platform XTransfer has secured an electronic money institution (EMI) licence from De Nederlandsche Bank (DNB ... and Hong Kong SAR. The platform currently ...

HKMA said Hong Kong's monetary and financial markets have continued to operate in an orderly manner. The market's de-facto central bank stepped into the foreign exchange market as the Hong Kong ...

Bank account risk management in Hong Kong has become a pressing concern as financial institutions tighten compliance checks and increase closures of corporate accounts, especially those linked to ...

HONG KONG, May 6 (Reuters) - Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month ...

One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s planned Hong Kong initial public offering (IPO), which ...

One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile Co.’s planned Hong Kong initial public offering, which people ...

Hong Kong bankers have become fixated on an $11 billion loan deal with unusually high stakes for the financial hub.

Hong Kong interbank rates fell further on Friday to hit the lowest level in nearly three years, reflecting an infusion of cash from the city's de-facto central bank. The overnight Hong Kong ...