Archive
Hong Kong Pins LonShiX and Bitbank on Alert List for Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning about two entities, LonShiX and Bitbank (Global) Financial Holding Group, for suspected virtual asset-related fraud. The SFC has identified LonShiX as claiming a fake Hong Kong
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HKMA Reveals Consumer Protection Gaps in Financial Sector’s Digital Marketing
The Hong Kong Monetary Authority (HKMA) pinpointed several critical areas that authorised financial institutions need to address in their digital marketing efforts in a recent thematic review. Key issues include the rigorous assessment of marketing materials, effective selection and management
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Hong Kong Set to Host the Upcoming Asian Financial Forum 2024 in January
Hong Kong will be the center stage for the 17th Asian Financial Forum (AFF), slated for 24-25 January 2024, at the Hong Kong Convention and Exhibition Centre (HKCEC). Co-organised by the Hong Kong Special Administrative Region (HKSAR) government and the
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Mox Bank Offers U.S. and HK Stock Trading Through Beta Testing
Hong Kong’s virtual bank Mox has initiated a beta phase for its new investment service, Mox Invest. This initial phase sees the service being gradually introduced to existing customers through an invitation-only approach. Mox Invest offers the virtual bank’s users
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Dubai, Hong Kong Pave the Way for Green Finance Policies in Asia and Middle East
The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) will work together to explore and develop effective policy and regulatory responses that support climate finance in the Middle East and Asia. The DFSA, an independent financial
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Fintech in Hong Kong: 2023 in Review
In 2023, Hong Kong’s fintech landscape continued to evolve, maintaining its position as a significant player in the global financial sector. This thriving metropolis hosts a dynamic ecosystem comprising over 800 fintech companies, 3,900 startups, and ten unicorn companies. With a
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Trip.com Taps UnionPay to Expand Payment Options for Global Travelers
UnionPay International has recently partnered with online travel agency Trip.com to provide more payment options for travelers. Under this partnership, Trip.com’s global sites will now accept UnionPay for all major transaction currencies, including but not limited to Hong Kong SAR,
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HKEX Appoints Bonnie Chan as New Chief Executive, Aguzin to Retire in May 2024
The Hong Kong Exchanges and Clearing Limited (HKEX) announced the upcoming retirement of Alejandro Nicolas Aguzin, the current Chief Executive of the organisation. Aguzin has informed the Board of Directors that he will not seek reappointment when his current contract
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Dubai Insurance Invests in OneDegree for Digital Asset Insurance Partnership
Hong Kong’s insurtech OneDegree has secured an investment from the Dubai Insurance Company for its Series B funding round as part of a partnership to offer digital asset insurance in the United Arab Emirates (UAE). The sum was not disclosed.
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A Buyer’s Guide to Keyboards for Businesses
As more businesses are becoming digital, keyboards are essential tools in the workforce. This means businesses must take the time to find a suitable keyboard for their workers. In this guide, we take a look at the many different types
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