Market participants are looking for regulators to extend the Wealth Management Connect scheme to more products and well as widen its sales channels.
August 16, 2023In collaboration with UBS, BOCI has become the first Chinese financial institution to issue a tokenised security in Hong Kong.
June 14, 2023The HKIFA is calling for relaxations to allow MPF funds to invest in a wider range of asset classes, and to provide investment flexibility to those already in retirement.
October 10, 2022Enhancements could include measures to improve sales arrangements, expand the product scope, and allow more financial institutions to participate.
September 22, 2022The government will also dedicate resources towards providing training aimed at developing local ESG talent. Applications for a fintech subsidy scheme will open on 10 September.
September 7, 2022A survey of 36 fund managers found that almost 70 percent are finding it difficult to hire non-local and non-mainland staff to work in Hong Kong due to Covid restrictions.
August 18, 2022Wealth Management Connect had attracted only 0.3 percent of the total quota since its inception in October. HKIFA calls for an end to quarantine rules.
June 22, 2022New offices in Europe and the US will allow HKEX to provide services and support to international companies seeking to list or invest in Hong Kong.
May 24, 2022The 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, 2022A hurdle that still needs to be overcome is that Hong Kong brokerages are currently prohibited from distribution and soliciting clients in mainland China.
March 18, 2022