Search Results for: Hong Kong

June 14, 2024 @ 11:01 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it has signed a cooperation agreement with a unit of Shenzhen Stock Exchange (SZSE), to support the development of HKEX’s Integrated Fund Platform (IFP). This cooperation will see Shenzhen Securities Communication Co. Ltd… Read More

June 12, 2024 @ 10:51 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of 2024. Reflecting the strong customer growth, Airwallex Hong Kong also “recorded a 108% YoY… Read More

June 7, 2024 @ 9:53 am By JD Alois  |  

While China is skeptical about crypto, Hong Kong is a bit different and more supportive of digital assets. Today, a Memorandum of Understanding (MoU) highlights this fact as Switzeralnd-based Crypto Valley Association (CVA) and Invest Hong Kong (InvestHK) have agreed to partner on Fintech ecosystems… Read More

June 2, 2024 @ 9:06 pm By Michael Wong  |  

Spark Fintech Limited, an affiliate of Bybit, one of the world’s top three cryptocurrency exchanges by volume, has announced its decision to withdraw its application for a Virtual Asset Services Providers (VASP) license with the Hong Kong Securities and Futures Commission (SFC). This strategic decision… Read More

May 21, 2024 @ 9:01 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) has launched the digital yuan, also known as e-CNY,marking a significant step in the integration of digital currencies in the region’s financial system. According to reports from Sing Tao Daily, the launch event was hosted by Howard Lee Tat-chi,… Read More

May 12, 2024 @ 11:45 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce plans to launch weekly single stock options for 10 Hong Kong-listed equities, the latest derivatives market enhancement that will give investors even more choice to manage risks and execute trading strategies. HKEX plans to… Read More

May 8, 2024 @ 4:50 pm By Omar Faridi  |  

Hong Kong Monetary Authority (HKMA) welcomes the pilot launch of the Shenzhen-Hong Kong cross-boundary data validation platform The Shenzhen and Hong Kong authorities announced (6 May) the pilot launch of the Shenzhen-Hong Kong cross-boundary data validation platform. The platform utilizes blockchain technology and data coding… Read More

May 1, 2024 @ 10:23 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome today (Tuesday) the listing of Asia’s first Spot Virtual Asset (VA) ETFs, adding to the diversity of products in Hong Kong’s markets and further “supporting the city’s position as the region’s leading ETF marketplace… Read More

May 1, 2024 @ 9:49 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for various companies, announced its partnership with Decathlon Hong Kong, one of the world’s “largest” sports goods companies. Adyen is the end-to-end payment solution provider “for Decathlon Hong Kong’s online store, in-app purchases, and all its eight… Read More

April 27, 2024 @ 4:49 pm By Omar Faridi  |  

The HKMA has recently announced the launch of its Inaugural FiNETech in order to promote Fintech adoption and other key innovations. The Hong Kong Monetary Authority (HKMA) launched (26 April) the FiNETech series, gathering around 100 banks, securities and insurance companies as well as technology… Read More

April 26, 2024 @ 5:17 pm By Michael Wong  |  

Users of 14 popular e-wallets from nine countries and regions can now make transactions in Hong Kong using their home applications, facilitated by Alipay+, Ant International announced on Friday. This integration marks the largest single-time introduction of international payment apps into Hong Kong’s offline commercial… Read More

April 20, 2024 @ 4:23 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce it has reached an agreement with Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) in order “to expand the scope of eligible exchange-traded funds (ETFs) under Stock Connect.” The eligibility criteria for ETFs… Read More

April 18, 2024 @ 11:30 pm By Omar Faridi  |  

iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the launch of iCapital Marketplace, a one-stop-shop connecting wealth managers and advisors “with a broad menu of alternative investment opportunities across private equity, private debt, infrastructure, real assets and… Read More

April 15, 2024 @ 7:52 pm By Omar Faridi  |  

Following the launch of the Anti-Scam Consumer Protection Charter last year, the Hong Kong Monetary Authority (HKMA) announced (10 April), in collaboration with the Hong Kong Association of Banks (HKAB), the launch of the Anti-Scam Consumer Protection Charter 2.0. With the participation of more institutions… Read More

April 8, 2024 @ 9:46 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading enterprise businesses, today announced its partnership with PayMe by HSBC in Hong Kong to become an acquirer for the mobile payment service. Through this partnership, Adyen’s merchants can now accept PayMe as “a payment… Read More

April 2, 2024 @ 7:39 am By JD Alois  |  

Hong Kong Web3 Festival 2024 will be taking place from 6-9 April 2024. Following the overwhelming success of its record-breaking 2023 event, HK Web3 Festival 2024 will feature an amazing lineup of industry guests from around the globe, bringing together the world’s brightest minds, top… Read More

March 19, 2024 @ 1:56 am By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) has recently introduced Phase 2 of the e-HKD Pilot Program. The Hong Kong Monetary Authority (HKMA) confirmed the launch of Phase 2 of the e-HKD Pilot Program, with a view to further “exploring innovative use cases for an e-HKD… Read More

March 15, 2024 @ 11:34 am By JD Alois  |  

ByBit is a crypto exchange that has been granted the Minimum Viable Product (MVP) Preparatory License by Dubai’s Virtual Assets Regulatory Authority (VARA), following the Provisional License it received in March 2022, has been noted as a “suspicious virtual asset trading platform” by the Hong… Read More

March 8, 2024 @ 8:18 am By Omar Faridi  |  

Mox has partnered with Wise Platform in order to launch low-cost and transparent international payments. Wise (LSE:WISE) confirmed in a blog post that it is launching its new collaboration with Mox Bank Limited, a virtual bank in Hong Kong. With this integration, Mox customers can… Read More

March 3, 2024 @ 8:50 pm By Michael Wong  |  

The Hong Kong Green Week – Finance Stream concluded Friday, marking the end of a series of sustainability-themed events that drew more than 1,600 participants from almost 30 jurisdictions worldwide. The week-long initiative brought together a diverse group of stakeholders, including financial institutions, corporates, central… Read More