Hong Kong

The watchdog finds that insiders are funding orders to artificially inflate public demand, sources say

Despite its limited industrial base, the city exports almost US$159 billion of AI-related goods last year

It has been considering waiving tax on fund managers’ performance bonuses to woo investment talent

[HONG KONG] Hong Kong Monetary Authority (HKMA) on Thursday (Jul 2) called on all banks to promote the cross-border use of the yuan, rolling out a six-point strategy to drive global adoption.

The transactions underscore impact from government’s move to scrap a tax on properties bought and sold within two years

These markets’ benchmarks have largely underperformed, especially compared to Taiwan and South Korea

Analysts say move will strengthen, rather than diminish, the financial hub’s role

Some young people are becoming disengaged and content to drift along aimlessly, living with their parents

While the city plans to start by using the London Good Delivery standard, its future plans are still to be decided, according to sources