Tagged: hong kong

June 9, 2026 @ 3:07 am By Michael Wong  |  

Hong Kong’s central bank and securities regulator said they will proceed with proposed amendments to clearing rules for over-the-counter derivative transactions, after a joint consultation received broad market support. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued consultation conclusions… Read More

June 9, 2026 @ 2:20 am By Omar Faridi  |  

Bank of America (NYSE: BAC) believes there is a significant ongoing evolution is taking place in Asia’s quantitative finance sector, enabled by growing interest from more active capital allocators, surging regional trading activity, and accelerated technology integration. Insights from Bank of America Securities’ recent gathering… Read More

June 8, 2026 @ 1:50 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) said it had convened a Tokenised Bond Expert Group comprising representatives from industry associations, financial institutions, legal advisory firms, and financial infrastructure and technology providers to drive further adoption and scalability of tokenised bonds in the city. The group… Read More

June 2, 2026 @ 5:40 pm By Michael Wong  |  

Hong Kong’s monetary authority said it will develop a Digital Asset Platform later this year to support the issuance and settlement of digital bonds and, in the future, other digital assets. The move comes as the city looks to deepen its role as a “super… Read More

May 31, 2026 @ 11:55 am By Michael Wong  |  

Hong Kong’s monetary authority said regulated stablecoins in the city are expected to be launched in the next few months, as it moves digital finance initiatives from experimentation to real-value transactions. Howard Lee, deputy chief executive of the Hong Kong Monetary Authority, said Hong Kong’s… Read More

May 31, 2026 @ 12:44 am By Michael Wong  |  

Hong Kong’s banking system recorded a broad increase in deposits in April, with renminbi deposits rising mainly on corporate fund flows even as cross-border trade settlement remittances declined from the previous month. Total deposits with authorized institutions increased by 1.5% in April, according to statistics… Read More

May 24, 2026 @ 6:44 pm By Michael Wong  |  

USDKG, a gold-backed stablecoin issued by a state entity in Kyrgyzstan, announced its official listing on OSL HK, the Hong Kong-licensed digital asset exchange of stablecoin payment and trading platform OSL Group. The listing allows professional investors to trade the token against Tether’s USDT through… Read More

May 24, 2026 @ 2:43 pm By Michael Wong  |  

Chinese autonomous driving company UISEE Technologies has raised about HK$870 million ($111 million) in a Hong Kong initial public offering, adding to signs of improving investor appetite for AI-linked technology listings in the city. The Beijing-based company began trading on the Hong Kong Stock Exchange… Read More

May 18, 2026 @ 12:23 am By Michael Wong  |  

Hong Kong regulators and market participants have released a sector-focused transition finance guide for the technology industry, as the city seeks to give banks, investors, and issuers more practical tools for assessing climate transition plans in digital infrastructure and ICT financing. The Hong Kong Green… Read More

May 2, 2026 @ 8:01 am By Michael Wong  |  

The Hong Kong Monetary Authority has warned the public about tokens falsely claiming to be linked to licensed stablecoin issuers, as the city begins rolling out its regulated stablecoin framework. The HKMA said tokens using the tickers “HKDAP” and “HSBC” have appeared in the market,… Read More

April 26, 2026 @ 12:04 am By Omar Faridi  |  

Elliptic noted that the Hong Kong Monetary Authority (HKMA) has issued its inaugural pair of stablecoin issuer licenses. The approvals, announced on April 10, 2026, came just eight months after the territory’s Stablecoins Ordinance officially launched on August 1, 2025. The two recipients—global banking leaders… Read More

April 12, 2026 @ 11:01 pm By Michael Wong  |  

Hong Kong’s push to turn stablecoins from a regulatory concept into everyday financial plumbing is beginning to draw in the companies that handle money at the checkout counter. Digital asset trading platform EX.IO said it signed a memorandum of understanding with payment firm Payment Asia to… Read More

April 6, 2026 @ 8:55 am By Omar Faridi  |  

In a move to enhance tools for investment professionals, Carta has acquired ListAlpha and introduced LP CRM, an AI-driven platform tailored for investment firms. This system seeks to streamline the oversight of limited partners (LPs), build detailed investor networks, and optimize the full cycle of… Read More

March 23, 2026 @ 12:24 am By Michael Wong  |  

Credit card circulation and spending in Hong Kong rose sharply in the fourth quarter of 2025, with overseas retail spending posting the fastest growth, as consumers stepped up card use toward year-end, official data showed. The Hong Kong Monetary Authority said that the total number… Read More

March 12, 2026 @ 1:55 am By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) shared that the research arm of Hong Kong’s financial academy has launched an analysis shedding light on the transformative potential within the family office segment of the wealth industry. Released this month, the Applied Research publication from the Hong… Read More

March 9, 2026 @ 1:05 am By Michael Wong  |  

Hong Kong’s financial regulators have widened a regulatory sandbox for generative artificial intelligence, extending the programme beyond banking to cover securities, asset and wealth management, insurance, pensions and stored-value facilities as authorities push to position the city as a hub for responsible AI use in… Read More

February 26, 2026 @ 6:38 am By Omar Faridi  |  

Hong Kong is advancing its position as a leading hub for digital assets with key regulatory developments in the stablecoin and broader crypto sectors. In his 2026-27 budget speech delivered on Wednesday, Financial Secretary Paul Chan outlined significant steps to strengthen the city’s virtual asset… Read More

February 19, 2026 @ 1:56 am By Omar Faridi  |  

Hong Kong’s Securities and Futures Commission (SFC) has approved a virtual asset trading platform license for Victory Fintech Company Limited, operating under the brand VDX. This decision marks the first new addition to the SFC’s roster of licensed crypto platforms since June of the previous… Read More

February 17, 2026 @ 12:43 pm By Omar Faridi  |  

In a recent interview on Bloomberg from Hong Kong, Joseph Lubin, the founder and CEO of Consensys as well as a co-founder of Ethereum, provided his perspective on the current state and future trajectory of cryptocurrency markets, with a particular focus on Ethereum’s role and… Read More

February 15, 2026 @ 8:15 am By Michael Wong  |  

The central banks of the United Arab Emirates and Hong Kong agreed to deepen cooperation on cross-border debt market links, digital assets and stablecoin regulation. The move comes as the UAE central bank formally joined Hong Kong’s Central Moneymarkets Unit (CMU). The two sides said… Read More