Hong Kong

The move, being the first-ever equity investment in a mainland futures exchange by a non-mainland investor, will help HKEX promote green and low-carbon markets across the region.

HKMA deputy chief executive Arthur Yuen says banks will continue to face challenges this year as Hong Kong suffers its worst recession on record.

Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.

PCCW Solutions will build, implement, operate and maintain Hong Kong’s new eMPF Platform, with Singapore’s iFAST as its prime subcontractor.

The UK model provides lessons to help ensure Hong Kong's open banking ecosystem is able to realise its full potential, say Finastra's Eran Vitkon and Shweta Jain.

The prosecution had accused the banker of employing the son of a client as a bribe to win IPO business for JP Morgan.

Operational continuity in resolution is a key aspect of resolution planning for individual banks, the HKMA says.

Trade loans granted 90-day extensions last year will start to fall due in February, but some trade customers are still facing cash flow pressure, the HKMA said.

Hong Kong has priced the first ever 30-year green bond by an Asian government and the longest tenor bond in its history.

The banker photocopied a client’s signature onto an instruction form and used it to apply for the issuance of a bank reference letter.