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Mox, the fifth of Hong Kong’s virtual banks, launched last month, showing a solid initial response. But what’s the future for the others and what’s in it for corporate treasurers?
Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.
Hong Kong currency strength is being driven by carry trade players exploiting widening interest rate differentials – and now the HKMA is busily selling HKD to keep it inside its peg
The HKMA is keen to conserve Hong Kong’s appeal as a corporate treasury hub as political tensions roil city.
China regulation on facial recognition tech awaited; HK, Singapore grant new licences to financial entities; India slashes corporate tax rate
As Hong Kong’s protests stretch into their fourth month, at least two of the city’s new virtual banks have decided on a delayed soft launch of the financial product