HONG KONG

CICC Granted Approval to Operate in Dubai Financial Centre

By Mark Johnston | 20/01/2025

DFSA CEO Ian Johnston described the approval as “a big step forward” for facilitating deals and arrangements between China and the UAE.

Fintech / Regtech

Hong Kong PCPD Issues Updated Guidance on Cloud Computing

By Sanday Chongo Kabange | 18/01/2025

The PCPD was prompted to issue the updated guidance following a data breach incident at the Urban Renewal Authority.

Enforcement

SFC, HKEX Take Joint Action Against Listed Company, Former Directors

By Sanday Chongo Kabange | 17/01/2025

The SFC and HKEX said the former directors of mobile gaming company FingerTango misused IPO proceeds after the company went public in 2018

Market Infrastructure

PBOC Governor Talks Up Mainland and Hong Kong Markets

By Manesh Samtani | 17/01/2025

Pan Gongsheng said risks in China’s property market have receded and the Mainland will further boost connectivity with Hong Kong

Crypto / Digital Assets

SFC Extends ‘Swift Licensing Process’ to New VATP Applicants

By Sanday Chongo Kabange | 17/01/2025

The SFC released a circular detailing the new licensing process as well as inspection findings identifying deficiencies in VATP systems and processes.

Fintech / Regtech

FTAHK Establishes Strategic Advisory Council for AI

By Sanday Chongo Kabange | 17/01/2025

The FTAHK AI Strategic Advisory Council will explore and help promote responsible AI in Hong Kong’s financial sector.

Market Infrastructure

Pakistan Explores Secondary Listings on Hong Kong Exchange

By Sanday Chongo Kabange | 16/01/2025

Pakistan will also issue yuan-denominated panda bonds in June with the aim of raising funds from Chinese investors

Big Picture

HKGFA Issues Report on Hong Kong Landscape for Green Technology

By Manesh Samtani | 16/01/2025

The report emphasises Hong Kong’s potential as a hub for green technology development, putting forward recommendations to strengthen the ecosystem

Securities / Derivatives

Hong Kong LegCo Passes Bill to Enable Treasury Share Regime

By Sanday Chongo Kabange | 16/01/2025

The bill promotes paperless corporate communications and allows Hong Kong-incorporated listed companies to buy and hold treasury shares.