Tag: Hong Kong

Asia witnesses its first tokenised security via Bank of China’s BOCI

BOCI has taken a significant stride in the FinTech realm by launching the first-ever tokenised security in APAC.

HKEX to require climate reporting from all issuers from 2024

All issuers listed on the Hong Kong Stock Exchange (HKEX) will be required to provide climate-related disclosures beginning January 2024.

SFC unveils consultation on visual asset trading platform regulation

The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.

Hong Kong raises $5.8bn in green bond issuance

The Hong Kong government has completed a green bond issuance, raising $5.75bn in a triple-currency offering.

xalts raises $6m for its digital asset ecosystem platform

xalts, an investment management platform supporting the digital asset ecosystem, has raised $6m in funding.

HKMA imposes HK$11m penalty on Cathay United Bank

The Hong Kong Monetary Authority (HKMA) has fined Cathay United Bank’s Hong Kong branch HK$11m following an investigation.

Hong Kong-based PayTech KPay closes $10m

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

HKMA unveils tougher regulations for BNPL sector

The Hong Kong Monetary Authority (HKMA) has issued a circular to banks on buy now pay later (BNPL) products to implement new consumer protection measures.

Hong Kong introduces subsidies to help bolster FinTech competitivity

The Hong Kong government is planning to bring in a range of financial incentives to address skill shortages in the FinTech sector.

Hong Kong’s SFC calls for regulation on NFT-based investment schemes

Hong Kong’s Securities and Futures Commission has said that some NFTs that constitute investment products will have to be regulated.   

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