The HKIFA says many fund managers have or are planning to relocate, largely to Singapore, due to Hong Kong's tough Covid-related restrictions.
April 27, 2022Hong Kong official Christopher Hui said a feasibility study has been completed and the next step is to engage with mainland regulators and relevant organisations.
April 12, 2022Finance Secretary Paul Chan announced measures to further reform Hong Kong's listing rules, promote the bond market, and introduce yuan share trading in the city.
February 24, 2022Listed company directors and senior financial industry executives will no longer be able to skip hotel quarantine procedures upon entry into Hong Kong.
November 3, 2021Chief Executive Carrie Lam announced measures to improve the stock market listing regime and enable RMB-denominated securities in Hong Kong.
October 7, 2021Foreign financial institutions that knowingly conduct significant transactions with the 24 individuals are subject to sanctions.
March 19, 2021The latest designations are a response to the arrest of 53 pro-democracy politicians and activists this month. Hong Kong's government called the move "insane, shameless and despicable".
January 18, 2021State Street will no longer be able to buy shares in companies sanctioned by the US, including China Mobile and China Unicom.
January 13, 2021In a report to Congress, the Treasury said it has not identified any foreign FIs that "knowingly" conducted significant transactions with the ten individuals sanctioned in October.
December 14, 2020A Chinese foreign ministry spokesperson said Beijing would take “firm counter-measures against the malicious actions by the US".
December 9, 2020