North Asia

Hong Kong Monetary Authority steps up e-CNY pilot

In order to help residents use the currency in Hong Kong, the HKMA has linked the digital currency with the Faster Payment System. In addition, corporate use cases for cross-boundary trade settlement will be explored.

May 21, 2024

One in five Chinese municipal bonds could be green labelled: report

A Greenpeace study on 2021-issued government municipal bonds in China reveals a large number of projects with green potential. But local governments face challenges and are unwilling to issue green products.

May 21, 2024

Asian central banks to continue gold purchasing

Central banks in China, India and Singapore have added to their gold reserves amid geopolitical and foreign exchange uncertainties.

May 14, 2024

Citi combines Japan with Asia North and Australia cluster

This new cluster, to be led by Marc Luet, includes the bank's markets in Australia, China, Hong Kong, Japan, Macau, New Zealand, South Korea and Taiwan.

May 09, 2024

BNY Mellon appoints ex-Nomura exec as head of Japan

Kunio Watanabe, most recently executive chairman of Nomura Holding America, has become BNY Mellon's Japan country executive and representative for its Tokyo Branch.

May 08, 2024

US capital flight from China will take years to reverse: experts

Washington’s policies to curb US investment in China has impacted assets under management in several large funds, and a shift in flows could take years, despite the upcoming US election.

May 07, 2024

Hong Kong's crypto spot ETF move beats regional peers

The inclusion of cryptocurrency Ether, alongside Bitcoin, for the exchange-traded funds on the Hong Kong Stock Exchange, contrasts with the US approach.

May 07, 2024

HK’s SFC starts insider dealing prosecution against Segantii Capital Management

The proceedings against the Hong Kong-based hedge fund, its chief investment officer and a former trader, relate to the dealing of shares listed on the HKEX prior to a block trade in June 2017.

May 03, 2024

Mayer Brown's Hong Kong arm to separate from international firm

The US law firm's Hong Kong partnership is to separate from the international arm of Mayer Brown, and take on its previous name, Johnson Stokes & Master.

May 02, 2024

Herbert Smith Freehills hires partner in Thailand; six make counsel in Asia

Pariyapol Kamolsilp will join the law firm on May 2 in Bangkok, while six lawyers, based in Bangkok, Hong Kong, Singapore and Tokyo, have been promoted to counsel.

April 29, 2024