Ryan Li

Filipinos and Korean nationals will be able open bank accounts and access other financial services in the each other's respective markets, using credit records and a API.

The new regulation is targeting digital asset and payment service providers in both cryptocurrencies and stablecoins; draft legislation is expected by the end of 2025.

The HKEX listed exchange benefitted from surging crypto prices, and is looking at overseas markets and payment expansion.

Citi's Akira Hoshino succeeds Tokiya Kishie, who has left the company.

Tran will look after ESG issues relevant to both corporate and investment banking. He will relocate from Hong Kong to Singapore in the second half of the year.

Andrew Hunter has been promoted to senior director, while Mark Hahm has been hired from JLL to boost the firm’s hotels’ investment and transaction services.

Studies have shown the positive correlation between having female investors or fund managers on team, and portfolio returns. Female finance leaders told FA that a diversity of experiences and skills are important in a fast-evolving sector.

Despite numerous challenges, which are growing under Trump’s second administration, sustainable finance might be an area where females are more likely to excel and take leadership roles, including in Asia; senior leaders gave FA their opinions.

Artificial intelligence is helping improve trading efficiency, however, a balance with cost efficiency is crucial for financial institutions to stay competitive.

The city will “regularise” the issuance of tokenised bonds, according to Hong Kong's financial secretary at his latest Budget speech; Chan is expecting GDP growth of 2% to 3% in 2025.