Hong Kong Archives - Page 29 of 47

Crypto retail trading ban in Hong Kong

Hong Kong’s financial regulator has proposed restrictions on cryptocurrency exchanges in the territory.

The US private banks intends build its AUM $460bn within five years.

The expansion is part of a five-year strategy to build the bank’s regional presence.

Six Chinese domestic mutual fund managers are allowed to launch new ETFs linked to the Hang Seng TECH Index.

The draft rules have been posted to solicit comment a year after the Greater Bay Area (GBA) cross-border scheme was announced.

The cross-market investable index will offer diversified coverage of China equities.

The pandemic has forced Hong Kongers and Singaporeans to face up to savings shortfalls.

The internal appointment fills the gap left by a recent promotion.

Asia will be the focus of expansion, according to the bank’s CIO.

The bank’s “Jade” customers in Hong Kong can now buy assets previously only available to institutional and private banking investors.