Paul Chan comments on move by banks to follow US Federal Reserve rate cut, says ‘it could lower pressure on residents and businesspeople’.
Interest rate cut by Hong Kong banks to ease loan repayments: finance chief
Paul Chan comments on move by banks to follow US Federal Reserve rate cut, says ‘it could lower pressure on residents and businesspeople’.
Hong Kong’s central bank is pushing ahead with its digital currency and fintech infrastructure under the “Fintech 2025” strategy
Hong Kong is setting its sights on the next phase of digital finance as the Hong Kong Monetary Authority (HKMA) advances its central bank digital currency (CBDC) agenda and strengthens data …
European private equity firm Ardian eyes fresh growth at new office in Hong Kong’s Two IFC
Ardian’s expansion in Hong Kong reflects robust growth in the city’s private banking and wealth management sectors Paris-based private equity (PE) firm Ardian has opened a 4,000 sq ft office in Hong …
Billionaire boom: ultra-wealthy ranks in mainland China and Hong Kong regain momentum
Mainland China and Hong Kong have gained more billionaires, reversing a decline three years ago, after the world’s second-largest economy unveiled stimulus measures amid slowing growth and a …
XTransfer Returns to Hong Kong FinTech Week and Singapore FinTech Festival 2025
XTransfer Returns to Hong Kong FinTech Week and Singapore FinTech Festival 2025 …
Singapore investors flock to Japanese real estate as yen hits multi-year low
At one investment firm, Singaporeans have overtaken Hong Kong investors to become its top buyers of Japanese properties, now accounting for half of all transactions.
Hong Kong Property Losses Hit PE Funds After $17 Billion Rush
When Blackstone Inc. bet on Hong Kong’s commercial real estate sector in 2014, it bought a 20,000-square-foot retail space in the bustling Mong Kok district for HK$700 million ($90 million) to target …
Hong Kong Home Prices Grow for Sixth Month in September, up 1.3%
Hong Kong Home Prices Grow for Sixth Month in September, up 1.3% HONG KONG (Reuters) -Home prices in Hong Kong grew 1.3% in September from August, marking the sixth consecutive month of increases, …
Alibaba-linked Ant Group files AntCoin trademark application in Hong Kong
Ant Group’s trademark initiative is part of a series of moves by other Hong Kong-based tech firms, such as JD.com, that have been testing stablecoin pilots in the mainland. The tech company also …