|
|
|
|
|
14.04.26 - 06:30
|
HSBC Hong Kong CEO Sees Rising Wealth Demand (Bloomberg)
|
|
|
HSBC Hong Kong CEO Maggie Ng says growing interest from new clients in wealth management is driving the bank to invest heavily in infrastructure and digital. Speaking exclusively on the sidelines of the HSBC Global Investment Summit, Ng also discusses the outlook for Hong Kong's real estate sector and the lender's AI transformation. (Source: Bloomberg)...
|
|
|
|
|
14.04.26 - 03:21
|
Hong Kong And The Quiet Rewiring Of The Dollar System (ZeroHedge)
|
|
|
Hong Kong And The Quiet Rewiring Of The Dollar System
Authored by Peter C. Earle, Ph.D,
Hong Kong's decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority's new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market's roughly $300 billion capitalization tied to the US Treasury by one or the other, but the more important long-term story may be Asia's role in transforming stablecoins from simple crypto settlement tools into the foundation of a real-time, on-chain foreign exchange and collateral ecosystem. In monetary terms, this is one more step in the migration of fiat liabilities from legacy banking rails onto programmable bearer-like instruments, a...
|
|
|
|
|
|
|
13.04.26 - 03:06
|
Geopolitical tensions may bolster Hong Kong office demand as Gulf capital looks east (SCMP)
|
|
|
Hong Kong's reputation as a safe haven could be reinforced by the geopolitical shock waves from the US-Israel conflict with Iran, potentially supporting demand for premium office space in its core business districts, according to analysts.
While the city was not insulated from global uncertainty, it could benefit over the medium term as Gulf investors reassessed geographic diversification and sought stable financial hubs, said Jack Tong, director of research and consultancy at Savills Hong......
|
|
|
|
|
12.04.26 - 09:36
|
Hong Kong home sales outlook firm even as demand ebbs at Tseung Kwan O project (SCMP)
|
|
|
While Hong Kong developers have accelerated project launches following the Easter holiday, primary home sales are settling into a measured phase following an earlier surge in demand.
The shift is evident at La Mirabelle I in Tseung Kwan O, where Sino Land and its partners released a third batch of units on Sunday. As of noon, about 60 of the 261 units on offer had been sold, pointing to less urgent demand than in earlier rounds.
The latest batch comprises 33 one-bedroom units, 178 two-bedroom......
|
|
|
|
|
|
|
11.04.26 - 11:12
|
Hong Kong regulator urged to expand stablecoin rules after cautious roll-out (SCMP)
|
|
|
The Hong Kong Monetary Authority (HKMA) is being urged to go further in loosening restrictions on stablecoins, after granting the city's first two licences to banks to issue the digital currency.
Bankers, venture capitalists and analysts said the long-awaited approvals – awarded to HSBC and a joint venture led by Standard Chartered – fell short of market expectations, underscoring the regulator's cautious stance amid lingering risk concerns.
“It came as a surprise that only two licences were......
|
|
|
11.04.26 - 05:06
|
Hong Kong′s listing reform 2.0: can it outshine global rivals for innovative firms? (SCMP)
|
|
|
Fang Liu, a partner at global law firm Clifford Chance, counts among his clients many technology companies that are keen to list in Hong Kong, but find the current requirements cumbersome.
Clifford Chance has helped more than a dozen innovative companies raise funds under the new listing regime since 2018, when Hong Kong Exchanges and Clearing (HKEX) introduced reforms for pre-revenue biotech firms and companies with weighted voting rights (WVR), where one class of shareholders carries more......
|
|
|
10.04.26 - 11:12
|
Hong Kong awards stablecoin licences to HSBC, StanChart-led group in long-awaited roll-out (SCMP)
|
|
|
HSBC and a consortium led by Standard Chartered have been awarded Hong Kong's first stablecoin issuer licences, marking the city's latest step towards embracing cryptocurrency's most-traded cash substitute in its bid to become a global digital asset hub.
Eight months after Hong Kong's Stablecoin Ordinance, one of the world's first such laws, took effect, two issuers were given the green light to conduct business, the Hong Kong Monetary Authority (HKMA) announced on Friday. The authority had......
|
|
|
10.04.26 - 09:30
|
China healthcare stocks outgain Hong Kong market as Middle East roils global investments (SCMP)
|
|
|
China's healthcare sector has been drawing offshore capital to Hong Kong-listed stocks as investors look for safe havens amid global volatility in commodities.
The Hang Seng Healthcare Index, tracking some of China's most innovative pharmaceutical companies including Akeso and Innovent Biologics, has surged about 13 per cent since March 23, outpacing the benchmark Hang Seng Index's about 6 per cent gain over the same period.
“Although the Middle East conflict has created a lot of uncertainty and......
|
|
|
|
|
10.04.26 - 04:36
|
China stocks surge as Shanghai and Hong Kong benchmarks reclaim key levels (SCMP)
|
|
|
China's stocks climbed on Friday, with the benchmark Shanghai Composite Index reaching the 4,000 level for the first time in 14 trading days, as broad-based gains and policy optimism lifted sentiment.
The Shanghai Composite Index rose 0.9 per cent to 4,006.40 as of 10am local time, its first move above 4,000 since March 19. In Hong Kong, the Hang Seng Index climbed 1.1 per cent to 26,042.36, rising above the 26,000 mark for the first time since March 18. The Hang Seng Tech Index advanced 2 per......
|
|
|
10.04.26 - 01:06
|
Hong Kong developers roll out 1,300 homes as prices edge up on firmer demand (SCMP)
|
|
|
Hong Kong developers are preparing to launch nearly 1,300 units in the coming days and weeks, with some edging up prices amid improving homebuying sentiment.
On Sunday, 261 units at La Mirabelle I will be released, with average prices ranging from HK$15,335 (US$1,958) to HK$19,613 per square foot after discounts of up to 15 per cent, according to Sino Land, one of the project's developers.
The pricing marks a 1 per cent increase on the previous batch, which Sino said reflected the quality of the......
|
|
|
|
|
09.04.26 - 11:06
|
Citic tops Asia-Pacific banking fees as mainland China and Hong Kong IPOs surge (SCMP)
|
|
|
Investment banking fees across Asia-Pacific excluding Japan reached US$5.3 billion in the first quarter of 2026, with China's Citic Securities ranking as the region's top earner.
The total in the first three months fell 5 per cent from a year earlier, as growth in equity capital markets underwriting was offset by weaker debt capital market and mergers and acquisitions (M&A) activity, according to an LSEG Data and Analytics report on Thursday.
Helped by strong fees from its bond underwriting......
|
|