Tagged: hong kong

January 9, 2026 @ 8:09 pm By Omar Faridi  |  

Hong Kong’s financial sector is currently undergoing a significant digital transformation, positioning itself as a hub in global finance. In a recent update shared by Oliver Wyman featuring Bonnie Y Chan, CEO of the Hong Kong Exchanges and Clearing Limited (HKEX), it was noted that… Read More

January 5, 2026 @ 10:09 pm By Omar Faridi  |  

Hong Kong’s financial authorities are joining forces to accelerate the integration of artificial intelligence and fintech innovations across multiple sectors in the coming years. The Hong Kong Monetary Authority (HKMA), led by Chief Executive Eddie Yue Wai-man, is actively engaging with the Securities and Futures… Read More

December 30, 2025 @ 5:26 pm By Omar Faridi  |  

Hong Kong’s digital banking service provider, Mox Bank, has solidified its position as a fintech powerhouse in 2025, now serving 750,000 customers—representing an impressive 12% of the city’s bankable population. As shared by CEO Barbaros Uygun, the year has been defined by robust expansion across… Read More

December 28, 2025 @ 10:43 pm By Michael Wong  |  

Hong Kong regulators launched an intellectual property (IP) financing sandbox aimed at helping banks and companies test how patents, trademarks and copyrights can be used as collateral, as the city looks to widen funding options for innovation-led businesses. The Hong Kong Monetary Authority, working with… Read More

December 27, 2025 @ 5:22 pm By Michael Wong  |  

Hong Kong’s card payment market is expected to expand further in 2025, even as it remains one of Asia’s more mature payments landscapes, with total card spending forecast to rise 4.5% to HK$1.32 trillion ($168.4 billion), according to data and analytics firm GlobalData. The forecast… Read More

December 25, 2025 @ 9:41 pm By Omar Faridi  |  

The Hong Kong (China SAR) payment card market is now considered to be fairly mature, however, despite this, the total card payment value is forecast to grow considerably by “4.5% in 2025 to reach HKD1.32 trillion ($168.4 billion),” supported by the ongoing efforts to promote… Read More

December 20, 2025 @ 10:58 am By Michael Wong  |  

Credit card usage in Hong Kong rose sharply in the third quarter of 2025, with both the number of cards in circulation and transaction volumes climbing, while debit card activity declined, data released by the territory’s central banking authority showed. Figures published by the Hong… Read More

December 11, 2025 @ 11:14 am By JD Alois  |  

Anchorage Digital will partner with OSL to issue a new dollar-based stablecoin – USDGO. OSL Group (HKEX: 863) is a Hong Kong-based stablecoin trading and payment platform for financial institutions and individuals. The company offers crypto trading, custody, payments, and tokenization services. Anchorage Digital and… Read More

December 10, 2025 @ 10:13 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce an expansion of its index portfolio with the launch of the HKEX Tech 100 Index (HKEX Tech 100), the Group’s first Hong Kong equity index that underscores its ongoing investment in building further on… Read More

December 7, 2025 @ 5:53 am By Michael Wong  |  

Hong Kong’s banking industry will roll out additional relief steps for residents and workers affected by the Tai Po fire, including emergency loan offers, fee waivers tied to a government support fund and fast-tracked handling of bank accounts belonging to people who died in the… Read More

November 29, 2025 @ 6:26 am By Michael Wong  |  

Hong Kong’s banking industry has rolled out a package of emergency relief measures for residents affected by a No. 5 alarm fire in Tai Po, including a six-month repayment grace period on mortgages and other consumer loans, the Hong Kong Monetary Authority (HKMA) said. The… Read More

November 21, 2025 @ 1:58 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it entered into agreements in order to acquire a 20 per cent stake in the holding company of CMU OmniClear Limited, as the financial market infrastructure operators strengthen their partnership to advance the… Read More

November 9, 2025 @ 3:27 pm By Michael Wong  |  

Credit conditions for Hong Kong’s small and medium-sized enterprises were broadly stable in the third quarter of 2025, the Hong Kong Monetary Authority (HKMA) said. However, more firms perceived that banks had turned cautious compared with the previous period. Excluding respondents who said they had… Read More

November 6, 2025 @ 4:30 pm By Omar Faridi  |  

Franklin Templeton (NYSE:BEN) has recently introduced Hong Kong’s tokenized money-market fund. This latest launch comes as the HK government unveiled its 5-year fintech strategy intended to incorporate both artificial intelligence and blockchain across the city-state’s vibrant financial services ecosystem. The so-called Franklin OnChain U.S. Government… Read More

November 6, 2025 @ 4:29 pm By Omar Faridi  |  

Thunes, the Fintech moving money around the world, announces an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to enable its expansion in international money transfers. Thanks to the collaboration, WeChat Pay HK users based in Hong Kong are now able to… Read More

October 22, 2025 @ 8:57 am By Omar Faridi  |  

In yet another powerful reminder of China’s unyielding control over financial tech innovation, two of its technology firms—Alibaba (NYSE:BABA)-affiliated Ant Group and online retail behemoth JD.com—have abruptly suspended their plans to launch stablecoins in Hong Kong. This development, revealed over the weekend, underscores Beijing’s deepening… Read More

October 15, 2025 @ 6:23 am By Omar Faridi  |  

HashKey Group, the operator of one Hong Kong’s largest licensed digital assets exchanges, confidentially filed for an initial public offering in the Asian financial center. This, according to source familiar with the matter and cited by Bloomberg. HashKey might now plan to list as soon… Read More

October 11, 2025 @ 11:06 pm By Michael Wong  |  

Hong Kong’s de facto central bank published a tentative six-month issuance schedule for institutional government bonds under its Infrastructure Bond Programme and Government Sustainable Bond Programme, outlining planned offerings in both Hong Kong dollars and offshore yuan via competitive tenders from October 2025 to March… Read More

October 9, 2025 @ 10:53 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Science and Technology Parks Corporation (HKSTP), announced the launch of the IADS Developer Hackathon and held the Kick-off Ceremony, marking the beginning of a journey to foster tech breakthroughs and advancements for the… Read More

September 27, 2025 @ 10:24 am By Michael Wong  |  

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) set out a detailed roadmap to strengthen the city’s fixed income and currency (FIC) markets, part of a broader push to reinforce its role as a global financial centre and deepen its… Read More