Tag: Hong Kong
HONG KONG (Reuters) – A long-awaited link between China’s booming Shenzhen stock market and neighboring Honk Kong goes live on Monday, allowing foreign investors first-time access to some of the fastest growing technology companies in the world’s second biggest economy. The link comes two years after regulators approved the Shanghai-Hong Kong stock connect scheme and […]
HONG KONG (Reuters) – Hong Kong on Tuesday said it would establish a regulatory regime known as a “sandbox” for financial technology innovation in the banking sector, amid fears the city is losing ground to China, Australia and Singapore in the fintech race. The initiative would help maintain Hong Kong’s competitiveness as a financial hub […]
SINGAPORE (Reuters) – Singapore is rushing to reinvent itself as Asia’s financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy. State funding, light-touch regulation and a recent move to allow start-ups to test financial products in a controlled environment have put Singapore ahead […]
HONG KONG/SINGAPORE (Reuters) – Almost a year after students ended pro-democracy street protests in Hong Kong, they face an online battle against what Western security experts say are China-sponsored hackers using techniques rarely seen elsewhere. Hackers have expanded their attacks to parking malware on popular file-sharing services including Dropbox and Google Drive to trap victims […]
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