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China’s securities regulator has given his strongest endorsement yet to expand and add financial products to a transborder investment channel with Hong Kong, in a boost to the city’s role as the mainland’s offshore financial centre. Commodities may be added to the stocks, bonds, options and wealth management products that are currently tradeable in the […]
Incidents like the mass computer outage caused by Microsoft’s third-party provider, CrowdStrike, have prompted a rethink about the increasing use of artificial intelligence (AI) and cloud computing in the financial world, central bankers and executives said at a conference in Hong Kong. Such grand-scale outages have served as a wake-up call to the financial services […]