Tagged: hong kong

June 22, 2026 @ 2:02 am By Michael Wong  |  

Hong Kong companies are investing an average of $214 million in AI, about 17% above the global average, as financial institutions and multinational corporations step up spending on the technology, a DLA Piper spokesperson told Crowdfund Insider. The average AI investment in Hong Kong stands… Read More

June 22, 2026 @ 12:06 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have jointly announced the launch of a pilot project on 18 June 2026. This initiative explores an innovative digital payment option designed to support margin requirements during the after-hours trading (AHT)… Read More

June 20, 2026 @ 1:16 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank, said it is comimtted to advancing innovation that enhances efficiency and resilience. In a statement, HKMA deputy chief executive Howard Lee reaffirmed the commitment as Hong Kong’s financial infrastructure evolves to meet the growing demands… Read More

June 19, 2026 @ 12:12 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) has renewed its Memorandum of Understanding (MOU) with the China Financial Futures Exchange (CFFEX), marking a significant step toward closer cooperation between the two major financial institutions. The announcement, made on June 18, 2026, underscores a shared dedication… Read More

June 17, 2026 @ 1:20 am By Michael Wong  |  

The Hong Kong Mortgage Corporation (HKMC) has raised about HK$12 billion ($1.5 billion) through its inaugural digital bond issuance, marking the world’s largest digital bond sale to date and another step in Hong Kong’s efforts to establish itself as a global hub for tokenised finance…. Read More

June 16, 2026 @ 6:48 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) is stepping up efforts to promote tokenization among corporate treasury centers, as the financial hub seeks to strengthen its position in digital finance and expand the use of blockchain-based transactions. The central bank this week hosted a seminar on “Corporate… Read More

June 15, 2026 @ 7:58 am By Omar Faridi  |  

US-based fintech platform iCapital has significantly expanded its presence in Hong Kong, more than doubling its prime office space to capitalize on surging demand for wealth management services across Asia. According to an update recently shared by the SCMP, the company recently leased approximately 9,000… Read More

June 15, 2026 @ 2:07 am By Michael Wong  |  

Hong Kong will continue expanding its digital asset regulatory framework and support the use of artificial intelligence (AI) in financial services as it seeks to strengthen its position as an international financial centre, the chairman of the Securities and Futures Commission said. Speaking at the… Read More

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