Search Results for: Hong Kong Exchanges and Clearing

Hong Kong: Steering Group Welcomes Launch of HKEX’s Core Climate Initiative

The Green and Sustainable Finance Cross-Agency Steering GroupĀ welcomes the launch of Core Climate, the international carbon marketplace “set up by the Hong Kong Exchanges and Clearing Limited (HKEX).” Core Climate will “provide effective and transparent trading of voluntary carbon credits and instruments across Asia and… Read More

Hong Kong Exchange and Clearing Ltd (HKEX) Appoints Mark Carr as MD, Chief Enterprise Architect

Hong Kong Exchange & Clearing Limited (HKEX) is pleased to announce that Mr. Mark Carr has “joined the Group as Managing Director and Chief Enterprise Architect.” In his new role, Mr. Carr will “help ensure HKEX’s vision to build the Marketplace of the Future is… Read More

Hong Kong’s Crypto Custody Provider Hex Trust Appoints James Fok to Advisory Board

Hong Kong-headquartered crypto-asset custody service provider Hex Trust confirmed earlier this week that James Fok has joined the firm’s advisory board. James brings more than 2 decades of professional experience in capital markets and the financial services sector across high-profile management roles, and also as… Read More

Fintech Startups and Established Hong Kong Firms May Apply to Join Global Fast Track Program for Scaling Businesses

Invest Hong Kong (InvestHK) revealed, earlier this week, that the Global Fast Track 2021 program is currently taking applications from Fintech startups and also accepting them from more established companies looking to scale their business from Hong Kong to the GBA area, Asia and other… Read More

The Eight Virtual Banks of Hong Kong

Hong Kong as jurisdiction was slow out of the gate when it came to Fintech innovation. But this initial hesitancy was soon made up by a dedicated public-private partnership determined to establish Hong Kong as a top Fintech hub – a successful move. InvestHK, a… Read More

Invest Hong Kong Annual Hong Kong Fintech Week to be World’s First Cross Border Fintech Event

Hong Kong Fintech Week - Media Briefing_Event Photo

Invest Hong Kong (InvestHK) has shared details of its 3rd annual Hong Kong Fintech Week. The private – public partnership event which seeks to promote Hong Kong’s prominence in the fast evolving Fintech sector will be a bit different this year. For 2018, HK Fintech… Read More

SuperCharger Fintech Accelerator Announces 8 New Startups as Hong Kong Fintech Week Starts

SuperCharger Fintech Accelerator 2.0 has kicked off Hong Kong Fintech Week with the announcement of 8 finalists for their program.Ā For a second year in a row, SuperCharger, which aims to help the most promising Fintech start-ups and scale-ups grow in Asia, states it has surpassed… Read More

HKEX to Revise Settlement Fee Structure in June

Hong Kong Exchanges and Clearing (HKEX) will overhaul its settlement fee structure from June, introducing a flat fee of 0.0042% per stock transaction in a bid to balance costs across different trade sizes, the bourse operator said. Under the current system, HKEX charges a minimum… Read More

Digital Asset Reports Solid Performance with 3x YoY Customer Growth

Digital Asset, a software provider that helps enterprises build economic value through interconnected networks, announced another solid quarter of growth in Q2 2022. The firm continues “to expand its footprint among financial institutions and market infrastructures exploring and investing in next generation blockchain technology.” The… Read More

Deutsche Bƶrse to Use Digital Asset to Support Post Trade Platform in Push Towards Digital Security Future

Deutsche Bƶrse has selected Digital Asset to power its post-trade platform labeled “D7”. Deutsche Bƶrse has long been interested in the digital security realm and has been pushing forward with the transition towards a digital-only ecosystem. According to a note distributed by Digital Asset, the… Read More

Digital Asset Partners with Nasdaq to Bring DAML to the Nasdaq Marketplace Services Platform

Digital Asset has teamed up with Nasdaq in order to bring Daml to the Nasdaq Marketplace Services Platform. As mentioned in a release shared with CI, the integration of Daml with the Nasdaq Marketplace Services Platform will aim to create new opportunities for customers interested… Read More

Digital Asset, Developer of DAML Multi-Party App Platform, Secures Over $120M via Series D from 7RIDGE, Eldrdige

Digital Asset, the developers of the Daml multi-party application platform, revealed on Wednesday (April 21, 2021) that they have secured more than $120 million in capital through a Series D funding round from 7RIDGE and Eldridge. As stated in a release shared with Crowdfund Insider:… Read More

Chinese Regulators have Instructed Banking Institutions to Trim Loan Books to Guard Against Capital Market Bubbles

China’s regulatory authorities have reportedly been telling local banking institutions to ā€œtrimā€ their loan books during 2021 to guard against potential risks resulting from bubbles in domestic capital markets. This, according to an update from Reuters which cited sources familiar with the matter (on March… Read More

InvestHK Announces Global Fast Track Program For Fintech Development

Invest Hong Kong (InvestHK) announced on Monday its new Global Fast Track Program, which is a business-driven program within Hong Kong Fintech Week (HKFW). According to InvestHK, the Fast Track program plugs fintech enterprises directly into Hong Kong’s diverse ecosystem of world-class regulators, business leaders,… Read More

China: WeiyangX Fintech Review

Financial Inclusion Platform FINUP Plans Public Listing in Hong Kong On April 23, China’s leading financial inclusion platform FINUP filed a listing application for the Hong Kong Exchanges and Clearing Limited (HKEX). According to statistics, FINUP will be the fifth Fintech company from mainland China… Read More

China: WeiyangX Fintech Review

51 CreditCard (u51.com) is Planning to List in Hong Kong in 2018 51 CreditCard (u51.com), a leading online platform for credit card bill management, is reported to be listed on Hong Kong Exchanges and Clearing Limited (HKEX) in 2018, aiming to raise at least 500… Read More

SuperCharger Fintech Accelerator Launches 2.0 Program At Cyberport Fintech Smart Space

SuperCharger Fintech AcceleratorĀ announced the launch of its 2.0Ā program on January 9th in the newly opened Cyberport FinTech Smart Space. The accelerator welcomed the program’s eight fintech start-ups and scale-up participants, which are Bambu, Clare.ai, Entersoft, FinChat, Foris, KYC Chain, Squirro, and Xnotes Alliance. The companies… Read More

Baker & McKenzie Sponsors SuperCharger Fintech Accelerator

Global law firm Baker & McKenzie will be supporting Hong Kong-based SuperCharger Fintech Accelerators 2.0. Baker & McKenzie is very active in China with offices in Hong Kong, Beijing, and Shanghai. Baker & McKenzie was previously a supporter of SuperCharger FinTech Accelerator 1.0 – the… Read More

Cross-Border Trade Payments Platform XTransfer Partners with OCBC

XTransfer, the B2B cross-border trade payments platform, and OCBC, the financial services group in SE Asia, have announced their latest partnership. OCBC China will now aim to leverage the OCBC Group’s regional network and resources in its major markets of Singapore, Hong Kong, Malaysia as… Read More

Bitcoin Price Downturn Not of Particular Concern Given the Historical Context of BTC Markets – Report

Recently, the Depository Trust & Clearing Corporation (DTCC) implemented substantial adjustments to its collateral consideration for bitcoin (or any other cryptocurrency) ETFs, the NYDIG team noted. After the changes, no collateral value “will be given to any bitcoin ETF, giving them a 100% haircut.” The… Read More

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