Hong Kong eyes crypto derivatives, margin lending in digital asset push
1 month, 1 week ago

Hong Kong eyes crypto derivatives, margin lending in digital asset push

Live Mint  

By Summer Zhen and Jiaxing Li HONG KONG - Hong Kong is considering approving new cryptocurrency and virtual assets products as derivatives and margin lending for certain investors in those products, according to the city's financial regulator. Securities and Futures Commission chief executive Julia Leung said on Wednesday the plans were being assessed as Hong Kong tries to make itself a regional digital assets hub and expand its services to investors. "We are considering derivative products for professional investors, margin lending for certain customers," Leung told Coindesk's Consensus Hong Kong 2025 conference, referring to digital assets. Hong Kong's financial secretary Paul Chan on Wednesday said the city's regulators have issued nine digital asset trading platform licences, and Leung said there are eight more applications being considered. Hong Kong first drew up a plan to become a virtual asset hub in 2022 - an effort that followed Beijing's sweeping ban on all crypto transactions in mainland China the previous year.

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Hong Kong Counts on China-Traded Firms to Boost 2025 Listings
3 months, 2 weeks ago

Hong Kong Counts on China-Traded Firms to Boost 2025 Listings

Live Mint  

Hong Kong’s dealmakers are betting on mainland-traded Chinese companies’ second listings to boost share-sale volumes next year, building on a pickup in recent months. Such listings could help lift Hong Kong’s initial public offering volumes to about $15 billion in 2025, according to a forecast by KPMG LLP, compared to $10.5 billion so far this year. “We expect Hong Kong …

Hong Kong's mature financial sector can aid 'Belt and Road Initiative'
9 years ago

Hong Kong's mature financial sector can aid 'Belt and Road Initiative'

China Daily  

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HK may become yuan hub
15 years, 10 months ago

HK may become yuan hub

China Daily  

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