49 h. ago How Hong Kong charity helps injured workers get back on their feet

A charity in Hong Kong that quietly helps hundreds of injured workers every year will soon get much-needed financial support to assist more employees and their families. The Hong Kong Workers’ Health Centre (HKWHC) is one of 13 charities selected this year to receive funding from the annual Operation Santa Claus (OSC) fundraising campaign. The funding will enable the centre to help 120 injured workers and their carers through its Care, Support & Connect project next year. “People think that if...

Events

49 h. ago How a Hong Kong charity helps injured workers get back on their feet

A charity in Hong Kong that quietly helps hundreds of injured workers every year will soon get much-needed financial support to assist more employees and their families. The Hong Kong Workers’ Health Centre (HKWHC) is one of 13 charities selected this year to receive funding from the annual Operation Santa Claus (OSC) fundraising campaign. The funding will enable the centre to help 120 injured workers and their carers through its Care, Support & Connect project next year. “People think that if...

Events

7 d. ago Hongkong Land poised to launch US$6 billion Singapore property fund

Hongkong Land is set to launch what it expects to be the largest private real estate fund in Singapore, with more than S$8 billion (US$6.2 billion) in assets under management, including prime commercial projects in the waterfront Marina Bay district. At inception, the Singapore Central Private Real Estate Fund (SCPREF) would include one-third stakes in One Raffles Quay and Marina Bay Financial Centre Towers 1 and 2, the Hong Kong-based commercial landlord and developer said in a statement on...

Economics

1 week ago Hong Kong financial hub gets gold star for governance, but red flag on readiness

Hong Kong boasts the strongest institutional environment of any major financial hub but lags in growth and future readiness, according to a new index launched by New York University Abu Dhabi on Tuesday. The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London and Singapore. The index is built around two main criteria. On “footprint” – a measure that reflects the current scale and activity of...

Politics

1 week ago Hong Kong financial hub gets gold star for governance, red flag on readiness

Hong Kong boasts the strongest institutional environment of any major financial hub but lags in growth and future readiness, according to a new index launched by New York University Abu Dhabi on Tuesday. The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London and Singapore. The index is built around two main criteria. On “footprint” – a measure that reflects the current scale and activity of...

Politics

1 week ago Hong Kong’s financial hub gets a gold star for governance, red flag on readiness

Hong Kong boasts the strongest institutional environment of any major financial hub but lags in growth and future readiness, according to a new index launched by New York University Abu Dhabi on Tuesday. The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London and Singapore. The index is built around two main criteria. On “footprint” – a measure that reflects the current scale and activity of...

Politics

2 w. ago 16 students who lost homes in Hong Kong fire get financial support, school supplies

Sixteen Hong Kong students from a secondary school opposite the scene of the deadly blaze in Tai Po have received financial support, new textbooks and uniforms after losing their homes to the fire, their principal has said. Cheng Sze-wang, head of Wong Shiu Chi Secondary School, also said on Thursday that the students were temporarily staying with their relatives or in other homes within the district. Students in need were also offered counselling, while all dictations and assessments had been...

Society

2 w. ago Beijing’s crypto warning casts shadow over Hong Kong’s stablecoin ambitions

Beijing’s explicit denunciation of stablecoins as a financial risk has cast fresh doubt on Hong Kong’s ambitions to become a regulated hub for the asset class, according to legal experts and analysts. The People’s Bank of China (PBOC) – together with the public security ministry, the cyberspace administration, the top court and other key financial regulators – said in a statement on Saturday that stablecoins did not meet the mainland’s requirements on customer identification and...

Events

2 w. ago In betting on Saudi Arabia, Hong Kong is really betting on itself

Hong Kong’s financial identity is entering a new chapter, shaped as much by strategic alignment as capital flows. By co-launching a US$1 billion investment fund with Saudi Arabia’s Public Investment Fund (PIF), the city is taking one of its most assertive steps yet to redefine Hong Kong’s financial identity in a rapidly changing global economy. The message is clear: Hong Kong intends to be a serious player in the next phase of global capital realignment. This comes as Hong Kong companies are...

Politics

2 w. ago China's top financial regulator pledges strengthened support for Hong Kong fire relief efforts

China's top financial regulator pledges strengthened support for Hong Kong fire relief efforts  news.cgtn.com

Events

2 w. ago China guides banks, insurers to fully provide financial services after Hong Kong fire

China guides banks, insurers to fully provide financial services after Hong Kong fire  Reuters

Economics

3 w. ago Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in November 2016, it was held at a venue suitable for only a few hundred people. “As it was the first ever fintech event in Hong Kong, only fintech start-ups were interested, no big financial institutions paid attention,” Kwock said. “People did not have a clear idea of fintech as it was still in an exploratory stage.” In the years since, fintech in Hong Kong has gone through a sea...

Politics

3 w. ago HK finance chief seeks to attract Italian company listings on stock exchange

Hong Kong’s finance chief courted Italian companies on Thursday to go public on the city’s stock exchange, which would allow them to tap into mainland Chinese liquidity and solidify their presence in Asia. Addressing the Trade Development Council’s “Think Business, Think Hong Kong” symposium in Milan, Financial Secretary Paul Chan Mo-po highlighted the deepening ties between Hong Kong and Italy, noting their shared passion for creativity and enterprise and “flourishing” bilateral trade worth...

Politics

3 w. ago Hong Kong’s finance chief seeks to attract Italian company listings on HKEX

Hong Kong’s finance chief courted Italian companies on Thursday to go public on the city’s stock exchange, which would allow them to tap into mainland Chinese liquidity and solidify their presence in Asia. Addressing the Trade Development Council’s “Think Business, Think Hong Kong” symposium in Milan, Financial Secretary Paul Chan Mo-po highlighted the deepening ties between Hong Kong and Italy, noting their shared passion for creativity and enterprise and “flourishing” bilateral trade worth...

Politics

3 w. ago Hong Kong pushes local currency use to shield Asia from global uncertainties

Hong Kong is ramping up efforts to expand the use of local currencies across the Asia-Pacific region, including developing a local currency debt market, as part of a push to hedge against rising geopolitical risks, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue Wai-man. Speaking at the fourth edition of the Asean+3 Economic Cooperation and Financial Stability Forum in Hong Kong on Tuesday, Yue underlined the need to strengthen regional financial ties as Hong Kong and its...

Politics

3 w. ago Hong Kong’s tokenisation drive set to boost treasury centres, investments

Hong Kong’s push to establish a tokenised financial system is poised to attract more companies to set up treasury centres in the city, which would give investors broader options while reducing transaction costs, according to market players. Both corporations and individuals stood to benefit from increased tokenisation of money and assets, which could make financial services faster and more efficient and accessible, said representatives from Standard Chartered, China Asset Management (Hong Kong)...

Politics

3 w. ago Hong Kong’s HK$19 trillion in bank deposits proves safe haven status: Paul Chan

Hong Kong has become a “safe haven for capital” with bank deposits reaching over HK$19 trillion (US$2.4 trillion) this year, while the city’s goods exports have remained resilient despite the tariff war, according to the financial chief. Financial Secretary Paul Chan Mo-po on Sunday highlighted Hong Kong’s financial market performance, noting that the city’s bank deposits rose by 7 per cent last year and another 10 per cent in 2025. “Influenced by the geopolitical landscape, global investors are...

Economics

last month How Hong Kong’s law protects those drawn to crypto and virtual asset investments

In Hong Kong and elsewhere, digital currencies, cryptocurrencies (including stablecoins) and virtual assets are gaining in popularity and are rapidly becoming a mainstream asset class, with retail investors increasingly buying into them. Here in the city, new and groundbreaking legislation has been introduced to implement a regulatory framework which specifically addresses virtual assets, cementing Hong Kong’s status as an innovative global financial hub. The incursion of cryptocurrencies and...

Politics