Hong Kong Special Administrative Region Government: Net exports of gold to the Chinese mainland in December were 5.26 tons, compared with 33.074 tons in November.
Hong Kong Special Administrative Region Government: Total gold exports to the Chinese mainland in November were 45.22 tons, compared with 28.277 tons in October.
Hong Kong Special Administrative Region Government: Net exports of gold to the Chinese mainland were 33.074 tons in November and 15.414 tons in October.
On December 6, according to the press release of the Hong Kong Special Administrative Region Government, Hong Kong today gazetted the Stablecoin Bill to introduce a regulatory regime for fiat currency issuers in Hong Kong. The Bill aims to improve the regulatory framework for virtual asset activities to address the latent risks posed by fiat currency stablecoins to financial stability and ensure...
On October 31st, Qiu Dagan, a member of the Legislative Council of the Hong Kong Special Administrative Region (Science and Technology Innovation Industry), said when participating in the establishment of the Hong Kong Compliance Industry Association, I think the stablecoin is a huge market, and various countries are trying it. Everyone is also very concerned, but we need to wait for the introduction of Hong Kong's regulatory details. Looking forward, as a member of the Legislative Council, I am...
Hong Kong Special Administrative Region Government: Total gold exports to the Chinese mainland in September were 16.588 tons, compared with 16.377 tons previously. Net gold exports to the Chinese mainland in September were 16.151 tons and 6.245 tons in August.
World Bank Group Managing Director and Chief Administrative Officer Zhang Wencai said at the Global Wealth Management Forum 2024 Suhewan Conference in Shanghai on October 27 that global economic growth is expected to remain stable this year, and financial conditions have also improved. The world economy appears to be in the final stages of a "soft landing". According to the World Bank's latest estimates, global economic growth is forecast to remain at 2.6% in 2024, before rising slightly to an a...
The Hong Kong Special Administrative Region Government announced on October 14 that the Chief Executive of the Hong Kong Special Administrative Region has appointed Dr. Huang Tianyou as the chairperson of the Hong Kong Securities and Futures Commission under the Securities and Futures Ordinance (Cap. 571) for a three-year term from October 20, 2024 to October 19, 2027.
According to Hong Kong media reports, the Hong Kong Special Administrative Region government hopes to promote Hong Kong as an international virtual asset center. Liu Jia, general manager of the tokenization of HashKey, a licensed virtual asset platform in Hong Kong, said in an exclusive interview that the previous stage focused more on the secondary trading market, and now is a good time to pay attention to the tokenization issuance market. The HKMA Ensemble sandbox is currently being advanced, ...
On October 10, the Ministry of Justice and the National Development and Reform Commission: handling cases should strictly distinguish between economic disputes and economic crimes; production and business activities that do not violate the provisions of the Criminal Law will not be punished as a crime; for criminal cases with unclear facts and insufficient evidence, the case shall be dismissed according to law, not prosecuted or acquitted. It is forbidden to use administrative or criminal means ...
The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, said on the 9th that there is still a large funding gap in the global low-carbon transformation process, which brings unique opportunities for Hong Kong to develop transformation finance, and Hong Kong will accelerate its efforts to become a leading transformation financial center in Asia. Chen Maobo said at the annual forum of the Hong Kong Green Finance Association held on the same day that Hong Kong...
On September 13, the Ministry of Finance recently issued an administrative penalty decision on the illegal acts in the audit project of PricewaterhouseCoopers Zhongtian Accounting Firm and its Guangzhou branch, Evergrande Real Estate Group Co., Ltd. (hereinafter referred to as Evergrande Real Estate). The relevant person in charge of the Ministry of Finance answered reporters' questions on the investigation and handling of the case. PricewaterhouseCoopers' illegal income in the Evergrande Real E...
On September 13, the China Securities Regulatory Commission recently issued an administrative penalty decision on the case of PricewaterhouseCoopers Zhongtian Accounting Firm (Special General Partnership) for failing to perform due diligence in the audit work of Evergrande Real Estate Annual Report and Bond Issuance. The relevant person in charge of the China Securities Supervision Commission answered a reporter's question on the investigation and handling of the case and related circumstances. ...
On September 13, the Ministry of Finance made an administrative penalty decision on PwC and related Certified Public Accountants in accordance with the Law of the People's Republic of China on Certified Public Accountants and the Law of the People's Republic of China on Administrative Penalties. The accounting firm, in accordance with the relevant provisions of the Administrative Penalty Law of the People's Republic of China, took into account that the China Securities Supervision Commission, in...
Hong Kong Special Administrative Region Legislative Council Member Qiu Dagan disclosed Hong Kong's strategic plan to attract scientific and technological talents, build new infrastructure and establish strong legislative supervision. He revealed that the Hong Kong stablecoin sandbox test has been launched. The Hong Kong government plans to strengthen the supervision and enforcement of laws related to digital asset financial products within one to one and a half years. The next phase will encoura...