The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.

A digital currency pegged to the offshore yuan would be more workable in Hong Kong than mainland China, the central bank ...

Publicly traded DDC Enterprise plans to buy 5,000 BTC over the next three years after raising fresh funding to fuel its ...

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in ...

Chinese investors are piling into Hong Kong shares lured by lower valuations and the city's strategic position in China's ...

BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based ...

One case involved over 1,000 suspicious transactions worth 1.8 billion Hong Kong dollars (around $229 million), spanning five companies and 18 local bank accounts.

As recently as May 5, the Hong Kong dollar - which has been pegged to its US counterpart since 1983 and confined to a narrow trading band of HK$7.75-7.85 to US$1 since 2005 - threatened to break ...

The Stablecoin Bill was passed by the Legislative Council of the Hong Kong Special Administrative Region on May 21, ...