With one eye on risks, SFC moves to regulate crypto assets
Finance & Budget

With one eye on risks, SFC moves to regulate crypto assets

Anyone looking to issue security token offerings (STOs) in Hong Kong now has to register and get a license, a move that should boost the…

HK Grants First Three Virtual Bank Licenses
Finance & Budget

HK Grants First Three Virtual Bank Licenses

The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, announced Wednesday that it is handing out virtual bank licenses to three companies….

China moves to subsidise foreigner incomes to cover their tax bill
Finance & Budget

China moves to subsidise foreigner incomes to cover their tax bill

With the latest round of tax incentives, China has intensified efforts to lure talent to the Greater Bay Area from Hong Kong and abroad to…

Hong Kong’s peg needs shoring up by the billions
Finance & Budget

Hong Kong’s peg needs shoring up by the billions

The Hong Kong Monetary Authority (HKMA), the city’s de-facto central bank, stepped in two times in a single week to defend the Hong Kong dollar…

HK Budget 2019: The tax breaks ain’t what they used to be
Finance & Budget

HK Budget 2019: The tax breaks ain’t what they used to be

Hong Kong’s latest budget includes a series of tax cuts, a practice that has become common in recent years. But, despite the fanfare of the…

Budget a warning of bigger government coming
Finance & Budget

Budget a warning of bigger government coming

The budget brouhaha may have died down, but further examination shows a trend to bigger government involvement in the economy. While many saw the budget…

Transforming Hong Kong into a City of Innovation

Transforming Hong Kong into a city of innovation Dr. Winnie Tang Adjunct Professor, Department of Computer Science, Faculty of Engineering and Faculty of Architecture, University…

HK Budget: No surprises
Finance & Budget

HK Budget: No surprises

Hong Kong’s budget, released Feb. 27, was focused on health care and welfare but included virtually no innovative initiatives while critics raised doubts about how…

Budget Time in Hong Kong
Finance & Budget

Budget Time in Hong Kong

Ever since the public consultation for the 2019-20 Budget started in December, different groups are preparing recommendations for Hong Kong’s financial chief Mr Paul Chan…

HKMA tells HK to brace for volatility as ultra-low interest era ends
Finance & Budget

HKMA tells HK to brace for volatility as ultra-low interest era ends

The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, raised its base interest rate by 25 basis points for the fourth time…