Green Finance
HKMA Kicks off Green Fintech Competition
The Hong Kong Monetary Authority (HKMA) has announced the Green Fintech Competition. The competition is open to green fintech firms in Hong Kong and around the world. Their solutions should be relevant to any of these four themes; net-zero transition or
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Digitalisation of Financial Services in Hong Kong Comes at a Cost
In Hong Kong, the digitalisation of financial services has expanded financial inclusion through the increasing usage of digital channels and innovations, open banking, as well as advancements in data collection and analytics. But despite the positive outcomes, digitalisation may also
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StanChart, Ant Group Deepen Partnership to Drive Green and Inclusive Finance
Standard Chartered and Ant Group will be deepening their partnership to drive green and inclusive finance, global fund management and sustainable development. Under the expanded cooperation framework, Standard Chartered will support Ant Group to build its global liquidity and foreign
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HK Leads The Way as Sustainable Financing Hub with US$ 10B Green Bonds Issued
The latest edition of the Hong Kong Green and Sustainable Debt Market Briefing reveals a significant surge in labeled green bonds arranged in Hong Kong in 2022, despite an overall decrease in the volume of green, social, sustainability, sustainability linked,
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AXA, Carbon Wallet Launch Campaign to Encourage Hong Kongers to Go Green
AXA Hong Kong and Macau has partnered with Carbon Wallet, a one-stop green lifestyle reward platform, to motivate the community to live a greener lifestyle for a sustainable future. As Carbon Wallet’s first insurance partner in Hong Kong, AXA activates
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UOB Hong Kong Partners Swiss Firm SGS to Drive Sustainable Financing
UOB Hong Kong has tied up with Swiss testing and inspection group SGS in a bid to to promote sustainable finance as well as contribute to environmental protection and sustainable development. The joint initiative will help companies that are looking
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Key Highlights: How Hong Kong’s New Budget Pushes for Digital Innovation
Hong Kong’s economy faced significant challenges in 2022 due to adverse external conditions. The global economy was affected by rising energy and commodity prices and high inflation levels, adversely affecting advanced economies. The Special Administrative Region, which is one of
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Hong Kong to Enhance Its Climate Data Availability Through Inclusion of SMEs
Hong Kong is looking to enhance its climate data availability and sustainability reporting through the partnership between the Green and Sustainable Finance Cross-Agency Steering Group and international non-profit CDP. The Steering Group is co-chaired by the Hong Kong Monetary Authority
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Hong Kong and Singapore Leads The Way in Green Fintech Development
Hong Kong and Singapore are leading the five economies in Asia-Pacific Economic Cooperation (APEC) in green fintech development, according to a joint paper by ESG and sustainability education firm, GoImpact, and the Chinese University of Hong Kong’s Business School (“CUHK
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HKEX Launches New International Carbon Marketplace
The Stock Exchange of Hong Kong (HKEX) has launched Core Climate, a new international carbon marketplace that seeks to facilitate the trading of carbon credits and instruments. Core Climate’s participants will be able to source, hold, trade, settle and retire
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