In this undated photo, pedestrians walk past MTR Corp signage displayed at Tung Chung station in the Tung Chung district of Hong Kong. (PHOTO / BLOOMBERG) MTR Corp Ltd began marketing its first-ever Hong Kong dollar public bond offering on Tuesday, adding to an uptick of borrowing in the local currency debt market. The Hong…
Hong Kong can help Asia fill a staggering climate-financing gap by helping to tap a global pool of more than US$200 trillion to fund sustainable-infrastructure projects, according to the Asian Infrastructure Investment Bank (AIIB). There was a glaring disconnect between the vast amount of available capital and the low deployment of funds for climate action…
Hong Kong authorities will strive to create a conducive environment for the wide-ranging application of stablecoins in a bid to provide practical help for businesses to resolve cross-border payment issues, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po on Sunday reaffirmed the government’s efforts in applying fintech to resolve long-standing “pain points”…