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Hong Kong
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Hong Kong
Banking
PBOC Issues 30 Billion Yuan in Central Bank Bills on 13 August via Hong Kong
CBNEditor
-
August 13, 2020
0
The People's Bank of China (PBOC) issued 30 billion yuan in renminbi-denominated central bank bills on 13 August via auction in Hong...
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Fintech
UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card
CBNEditor
-
August 12, 2020
0
The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...
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Finance
China’s IPO Market Maintains Robust Growth in First Half of 2020 Despite COVID-19: EY
CBNEditor
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June 24, 2020
0
A new report from Ernst & Young (EY) points to continued robust growth in China's A-share IPO's in the first half of...
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Banking
Japanese PM Shinzo Abe Offers Refuge to Hong Kong’s Financial Professionals
CBNEditor
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June 12, 2020
0
Japanese Prime Minister Shinzo Abe has said that Japan is willing to provide refuge to members of Hong Kong's financial sector in...
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Finance
Is China’s National Security Law the Nail in the Coffin for Hong Kong as Global Financial Hub?
CBNEditor
-
June 12, 2020
1
China's recent mooting of a national security law in response to more than a year of intense civil unrest in Hong Kong...
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Finance
Hong Kong’s Status as International Financial Centre Will Not Weaken or Waver: China’s Banking Regulator
CBNEditor
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June 8, 2020
0
China's banking regulator has sought to reassure market opinion about the enduring status of Hong Kong as an international financial centre following...
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Economy
HSBC and Standard Chartered Announce Support for China’s National Security Law, Incur Wrath of UK Politicians
CBNEditor
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June 7, 2020
0
Two leading British banks with operations in Hong Kong have announced their support for the highly controversial National Security Law mooted by...
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Banking
Bohai Bank Will Pursue Approval for Hong Kong IPO This Week
CBNEditor
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June 7, 2020
0
China Bohai Bank will pursue approval for its listing on the Hong Kong Stock Exchange (HKSE) this week according to local media...
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Economy
Trump’s Cancellation of Hong Kong’s Special Customs Status Will Have Minimal Economic Impact: Nicholas Lardy
CBNEditor
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June 3, 2020
0
A leading US expert on the Chinese economy says that the Trump administration's threat to annul the special customs status of Hong...
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Economy
EU’s Top Diplomat Says Hong Kong Concerns Will not Impede Investment Ties with China
CBNEditor
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June 1, 2020
0
The foreign policy chief for the European Union (EU) has flagged the maintenance of ongoing commercial ties with China despite concerns over...
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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan
Fintech
CBNEditor
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October 26, 2020
0
The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
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Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi
Economy
CBNEditor
-
October 26, 2020
0
Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...
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Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System
Fintech
CBNEditor
-
October 26, 2020
0
Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Digital Lender XWBank Sees Q3 Profits Rise 32%
Banking
CBNEditor
-
October 26, 2020
0
Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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