Hong Kong

Fintech / Regtech

Hong Kong FSTB Launches GBA Fintech Internship Scheme

By Editors | 31/10/2023

The scheme aims to nurture fintech talent by allowing post-secondary students to gain practical experience at fintech firms across the Greater Bay Area.

Market Infrastructure

Hong Kong Gazettes IBOR-related Amendments to Clearing Rules

By Editors | 31/10/2023

Subject to negative vetting by LegCo, the rule changes will commence on 1 July 2024.

Crypto / Digital Assets

HKMA Unveils Findings from 1st Phase of e-HKD Pilot

By Manesh Samtani | 30/10/2023

Another pilot will take place next year, potentially exploring corporate payments, cross-border payments, and blockchain interoperability.

HK Authorities Sign Anti-Corruption MoU for Insurance Industry

By Editors | 30/10/2023

The IA and ICAC will strengthen collaboration on case referrals, investigations, information exchange, public education and professional training.

Securities / Derivatives

First Saudi-focused ETF to Launch in Hong Kong ‘Soon’

By Editors | 30/10/2023

The new ETF, managed by CSOP Asset Management, will allow investors to access Saudi Arabia’s 50 most valuable companies.

Securities / Derivatives

HKEX to Allow Listed Issuers to Hold Treasury Shares

By Manesh Samtani | 29/10/2023

Hong Kong listed companies will be allowed to buy back, hold and resell their shares, subject to the laws where they are incorporated.

Crypto / Digital Assets

Hong Kong Sets Template for Rules on Ring-fencing Crypto Risks

By Georgina Lee | 26/10/2023

Panellists at the Ripple x Metaco Hong Kong Policy Summit discussed the evolution of Hong Kong’s regulatory framework for crypto assets.

ESG / Sustainability

Hong Kong’s Chief Unveils Series of Measures to Boost City

By Manesh Samtani | 26/10/2023

Stamp duties on property purchases and securities transactions were reduced. A new fund distribution platform will be developed.

Securities / Derivatives

SFC Issues Circular on Use of Annualised Returns for MMFs

By Editors | 26/10/2023

The SFC has decided to allow fund managers and intermediaries to present annualised returns for MMFs for periods of less than one year.