Hong Kong is intensifying its bid to become a global digital asset (DA) hub with the release of an updated policy statement focused on accelerating stablecoin use and tokenisation efforts, amid renewed momentum in the US this year. “The government’s highly anticipated Policy Statement 2.0, aimed at establishing Hong Kong as a global digital assets
In the second of a two-part series on the national security law, we look at how the city has had to battle a negative narrative over the past five years. Read part 1 here. Soon after Hong Kong reopened in early 2023 as harsh pandemic restrictions were finally lifted, veteran lawmaker Regina Ip Lau Suk-yee
More than a decade ago, Hongkonger Olivia Cheung Lok-man’s heart stopped beating for 63 minutes. She was a 19-year-old student at the time and had suffered a fulminant myocarditis attack, a rare and severe illness that can cause heart failure. Cheung, now a 30-year-old art teacher, has since developed the ability to cope with the
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AI-generated image. (Credit: Adobe Stock) The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. The launch serves a number of purposes, from broadening the Shanghai bourse’s international reach, to strengthening China’s clout in commodity and currency markets
FWD Group has launched its long-anticipated initial public offering (IPO) in Hong Kong, as the pan-Asian insurer founded by local tycoon Richard Li Tzar-kai approaches the end of a four-year odyssey for capital that has taken it from New York back to his hometown. FWD plans to sell 91.34 million shares at HK$38 each, according
A person connected to veteran HSBC banker Peter Wong Tung-shun bought a luxury unit in Hong Kong’s Southern district for HK$125 million (US$15.9 million), as sentiment in the city’s property market improves gradually. Two connected units at the Parkview apartment complex in Tai Tam, with a total area of 4,616 sq ft, were sold for
The Hong Kong Palace Museum has signed an agreement with the custodian of Egyptian antiquities to host the city’s largest and longest-running exhibition of artefacts from the African nation, with 250 pieces on display from November. “Ancient Egypt Unveiled: Treasures from Egyptian Museums” will run for nine months starting from November 20 at the museum
