Think tank urges the government to put Hong Kong’s inequality on the agenda
Finance & Budget

Think tank urges the government to put Hong Kong’s inequality on the agenda

A business group’s report directly addresses inequality in Hong Kong; it suggests that the government should do the same.

Legislation needed to validate SFC regulatory framework for crypto exchanges in Hong Kong
Finance & Budget

Legislation needed to validate SFC regulatory framework for crypto exchanges in Hong Kong

The SFC’s new regulatory framework is a start, but legislation should be undertaken to substantiate these measures. Photo: Bitcoin Blockchain Cryptocurrency by BeatingBetting.co.uk

Blockchain may be a solution for two problems of the Olympic Games Tokyo 2020
Finance & Budget

Blockchain may be a solution for two problems of the Olympic Games Tokyo 2020

Blockchain has the potential to solve the problems of ticket scalping and cybersecurity for the 2020 Tokyo Olympic Games. Photo: Tokyo Tower Special Lightup <Invitation…

Legco’s Christopher Cheung suggestion sparks accusation of condoning capital controls
Finance & Budget

Legco’s Christopher Cheung suggestion sparks accusation of condoning capital controls

Legco member suggestion to counter protester plans prompts immediate blowback from think tank, legislator. Photo credit: Christopher Cheung from Wikimedia Commons

Hong Kong Dollar at Stake Amid Ongoing Protest
Finance & Budget

Hong Kong Dollar at Stake Amid Ongoing Protest

The ongoing dispute surrounding the highly controversial extradition law could shock the Hong Kong Dollar, analysts and traders fear. The U.S. warned the continued erosion…

Hong Kong Announces Consultation on OTC Derivatives
Finance & Budget

Hong Kong Announces Consultation on OTC Derivatives

Hong Kong regulators are looking for input on how to better manage risks specifically related to over-the-counter (OTC) derivatives like swaps or exotic options. The…

Stock Connect Set to Expand to Dual-Class Shares
Finance & Budget

Stock Connect Set to Expand to Dual-Class Shares

Mainland-based investors will soon be able to invest in Hong Kong-listed dual-class shares such as those of smartphone maker Xiaomi and e-commerce company Meituan Dianping…

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…