Hong Kong financial sector

Foreign currency reserves down to US$441.7b in July

This is over US$5m lower from the preceding month.

Is Hong Kong’s role as offshore financial center under threat?

Inflows from Mainland China will support the city, but issues are challenging this role.

Talent crunch threatens Hong Kong’s financial sector as expats flee: report

Inconveniences in overseas travelling may reportedly turn away much-needed talent.

HK's financial centre status at risk with tightening of travel restrictions

The city’s rival hubs such as Singapore have already reopened.

Hang Seng reveals new sustainability rating scale

It reflects companies' performance using the ESG maturity model.

HKEX launches OCG-C centralised access trading platform

This shows HKEX's commitment to building efficient tech solutions.

HK places third in Global Financial Centres Index

The UK think tank Z/Yen and the China Development Institute authored the report.

Practitioners optimistic over HK’s finance industry in next three years

Around 56% of industry practitioners are positive about the prospect of the sector.

SFC Executive Director steps down  

SFC’s Brian Ho will be retiring as Executive Director – Corporate Finance.

No 'undue stress' despite concern over China’s oversight of private sector

China’s oversight of the private sector in the past weeks has raised concerns and panic.

Gov’t investigates Next Digital Limited over alleged fraud affairs

Clement Chan Kam-wing has been appointed as the inspector for the investigation.

Hongkongers optimistic about BaaS: study

42% said that their organisation have been deploying banking-as-a-service (BaaS) in the last 12 months.

SFC to raise standards for industry professionals

The revised guidelines will take effect on January 2022.

Growing exodus of junior bankers poses talent shortage for banks in Asia: report

Even raises of up to 30% has failed to stop junior investment bankers from leaving.

Hong Kong bankers to retain right to access corporate registry: report

A new government rule plans to tighten public access to company director’s personal info.