Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai
The cryptocurrency industry has continued to advance, with bitcoin prices hitting a record high earlier this week. Stablecoins have come under the spotlight as regulators in Hong Kong and the US push for legislation for the popular tokens. Here we answer five common questions about stablecoins. What are stablecoins and how are they used? Stablecoins
Goldman Sachs raised its forecast for investment by mainland Chinese in Hong Kong-listed stocks by almost 50 per cent, following the strongest start to the year on record in terms of Stock Connect fund inflows. Net southbound inflows could reach US$110 billion this year, versus a previous forecast of US$75 billion, the Wall Street investment