Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China in the eastern Pearl River Delta by the South China Sea.

(source: en.wikipedia.org)

Footwear Retailer Belle Preps for $1B Hong Kong IPO
Footwear Retailer Belle Preps for $1B Hong Kong IPO
March 18, 2022  |  IPO

Chinese footwear and fashion brand Belle is looking to go public on the Hong Kong markets with an initial public offering that could be worth...

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Hong Kong Markets See First SPAC Deal
Hong Kong Markets See First SPAC Deal
March 18, 2022  |  SPAC

The Hong Kong market saw its first special purpose acquisition company (SPAC) deal close Friday (March 18), with several more on their way. As The...

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Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
February 23, 2022  |  Digital Banking

Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23)....

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Hong Kong Weighs Crypto, Stablecoin Regulations
Hong Kong Weighs Crypto, Stablecoin Regulations
January 12, 2022  |  Cryptocurrency

The Hong Kong Monetary Authority (HKMA) is weighing regulations for cryptocurrencies and stablecoins, with plans to launch a framework by July. The latest move would...

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Tuhu Online Car Services Launching IPO in Hong Kong
Tuhu Online Car Services Launching IPO in Hong Kong
January 06, 2022  |  IPO

Tuhu, a Chinese online car services platform backed by Goldman Sachs Group Inc. and Tencent Holdings Ltd. among other investors, is relocating its initial public...

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China Pilots Connection Between Digital Yuan and Hong Kong Fast Payment System
China Pilots Connection Between Digital Yuan and Hong Kong Fast Payment System
December 09, 2021  |  CBDC

China is now working on connecting its nearly finished central bank digital currency (CBDC) to Hong Kong’s Fast Payment System. Announced by the head of...

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Hong Kong Residents Embracing Crypto Payments 
Hong Kong Residents Embracing Crypto Payments 
December 09, 2021  |  Cryptocurrency

Almost one in five (18%) of people in Hong Kong who responded to a recent Visa survey say they have used cryptocurrency to send money,...

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Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
November 03, 2021  |  Faster Payments

Three years after its launch, Hong Kong’s Faster Payment System (FPS) has reached nearly 750,000 daily transactions with a total volume of 5.2 billion Hong...

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With Tourism Cut Off, Hong Kong Retailers Suffer
With Tourism Cut Off, Hong Kong Retailers Suffer
August 02, 2021  |  International

With Hong Kong remaining cut off from tourism, retail sales growth has missed expectations, Bloomberg News reported on Monday (August 2). Business owners in the...

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