Hong Kong Fintech Unicorn Looks To Raise Up To $150 Million In Yet Another Funding Round: Bloomberg

Jack Zhang, cofounder and chief CEO of Airwallex. Anthony Kwan/Bloomberg Airwallex, a fintech unicorn headquartered in Hong Kong backed by the likes of Tencent and Li Ka-shing’s Horizons Ventures, is ...

Hong Kong’s K11 MUSEA Launches Large-scale Showcase of NFTs

Hong Kong’s K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages. Over 200 pieces...

Stablecoins could undermine the Hong Kong dollar

The city financial Authority (HKMA) has warned that stablecoins may undermine the Hong Kong dollar. A recent free discussion paper concerning its retail financial organization’s digital currency, e-HK...

Hong Kong Monetary Authority issues warning on stablecoins

The Hong Kong Monetary Authority (HKMA) has released a warning saying that stablecoins posed a risk to the stability of the Hong Kong dollar. The institution released the warning during a discussion p...

China in ‘deep crisis’, says Hong Kong private equity chief

The founder and chair of one of Asia’s biggest private equity investors has criticised the Chinese government for policies that he says have resulted in a “deep economic crisis” comparable to the glob...

BlueArk Peninsula Hotel Presents: Most Valuable Bored Ape Yacht Club Exhibition in Hong Kong

Last Updated on Apr 28, 2022 at 13:28 NFTs (Non Fungible Tokens) have become one of the hottest topics in recent memory, and the most well known NFT collective is Bored Ape Yacht Club. They are made u...

Hong Kong residents moving to Singapore, snapping up rental homes

Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in ...

FinTech Association of Hong Kong Supports HKMA’s Risk-Based Approach to Regulate Stablecoins

The FinTech Association of Hong Kong (FTAHK) has published a response to the Hong Kong Monetary Authority’s (HKMA) January discussion paper on crypto assets and stablecoins. The FTAHK said that ...

Hong Kong’s Regal Hotels Announces Entry into Metaverse with Project MetaGreen

Hong Kong’s Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022. Regal Hotels has said that MetaGreen is a project t...

Two-thirds of senior executives in Hong Kong, mainland China expect pay rise due to talent shortage, KPMG survey shows

A shortage of talent may present a difficulty for hiring managers, but it’s good news for senior executives in Hong Kong and mainland China, two-thirds of whom across all sectors anticipate a pa...

AAX Trends Unveils NFTs Pop-Up Store in Hong Kong – crypto.news

AAX cryptocurrency exchange’s AAX Trends has announced the launch of its first Hong Kong non-fungible tokens (NFT) pop-up store. The AAX Trends NFT store will officially go live at the K11 Art Mall on...

British Department Store Harvey Nichols Opens NFT Space in Hong Kong

British luxury department store Harvey Nichols launched an NFT space called “HN NFT Vault” in its branch in the Pacific Place mall in Hong Kong yesterday.  For Londoners, Harvey Nichols is synonymous ...

Hong Kong’s Rail Operator To Collab With The Sandbox: Plans a Virtual Station

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Hong Kong-Listed Internet Stocks Bounce As Asian Investors Note Positives, Week In Review

China Last Night KraneShares Week in Review Asian equities had an off week as Hong Kong had a short week due to Easter Monday. According to a release Monday, China’s GDP grew by +4.8% year-over-year i...

Hong Kong’s MTR Becomes World’s 1st Transport Operator to Enter The Sandbox Metaverse

Hong Kong’s MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world. The Corporation announced i...

AAX Unveils Its First Hong Kong NFT Pop-up Store at K11 Art Mall

AAX, a crypto exchange for everyone, announced today that it will host an upcoming non-fungible token (NFT) pop-up store, The Early Days of Crypto – Apes. Pixels. Gods, at K11 Art Mall. The pop-up sto...

Hong Kong Stock Exchange Closes For Good Friday, Easter Holidays

A man walks past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock … [+] Exchange Thursday, April 7, 2022. (AP Photo/Vincent Yu) ASSOCIATED PRESS The Hong Kong...

Hong Kong’s MaiCapital Wins SFC Approval to Fully Manage Virtual Asset Portfolios

Hong Kong-based MaiCapital Limited announced Tuesday that it has secured approval from the local Securities and Futures Commission (SFC) to fully manage virtual assets portfolios. In its announcement,...

Hong Kong’s OneDegree to Provide Digital Asset Protection Insurance with Munich Re

OneDegree, a rapidly rising virtual insurance company in Hong Kong, on Monday, announced a launch of a digital asset insurance product, OneInfinity, which aims to offer protection for digital asset ma...

MaiCapital Gets Hong Kong SFC’s Nod to Manage 100% Digital Asset Funds

Hong Kong-based MaiCapital Limited, which is a blockchain and virtual asset manager, has secured approval from the local financial market supervisor, the Securities and Futures Commission (SFC), that ...

Hong Kong’s Animoca Brands Fully Acquires Lyon-Based Eden Games

Animoca Brands, a Hong Kong-based game software company and venture capital company, announced on Monday that it has 100% acquired Eden Games. This French Lyon-based video game developer majorly focus...

Hong Kong-Based LOST Launches World’s 1st Escape Room in Metaverse

Hong Kong-based LOST has launched the world’s first escape room in the metaverse. The real-life escape room game company said that players in the “LOST in Metaverse” could earn awards and attain knowl...

Hong Kong’s Ex-Financial Secretary Joins Crypto Firm StashAway as Advisor

Hong Kong’s former financial secretary has become an advisor of a Singapore-based digital wealth firm and has planned to give away a portion of his soon-to-be issued non-fungible tokens (NFTs) to attr...

U.S. Tells Citizens “Do Not Travel” To Shanghai, Hong Kong Due To Covid Restrictions

Residents have swab samples collected in a round of Covid-19 testing during a lockdown in Shanghai … [+] on April 7. As much of the world moves on from the pandemic, desperate scenes seeping out...

Hong Kong Authorities Arrest Suspected Triad Member in Alleged $102,067 Crypto Scam

Hong Kong police have raided and arrested a criminal suspected to be a Triad member in an alleged $102,067 crypto scam, local media reported on Friday. Police Arrest Alleged Crypto Fraudster The Triad...

From Hong Kong to Sydney, Home Prices in Asia’s Most Expensive Cities Are Falling

(Bloomberg) — Some of Asia-Pacific’s most expensive housing markets are starting to cool after last year’s breakneck growth. Most Read from Bloomberg Home prices have begun falling in Sydney and...

HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong

As the metaverse continues to gain momentum, HSBC Holdings, a British multinational investment bank, has established a fund to render investment opportunities to its high and ultra-high net worth inve...

HSBC launches metaverse fund for wealthy clients in Hong Kong and Singapore

HSBC Holdings has launched a fund focused on investment opportunities in the metaverse for wealthy clients in Singapore and Hong Kong. According to a statement seen by Bloomberg, the Metaverse Discret...

Hong Kong Internet Stocks Cheer Proposed CSRC Rule Change

China Last Night KraneShares Key News Saturday night the China Securities Regulatory Commission (CSRC), China’s SEC, issued a “Notice on Public Solicitation of Comments on the “Provisions on Strengthe...

Brazil, Hong Kong, India Lead as Crypto Adoption Skyrockets in 2021

More than half of cryptocurrency owners in Brazil (51%), Hong Kong (51%) and India (54%) are first-timers who started investing in digital assets in 2021, a new research by Gemini Trust Company, LLC, ...

Hong Kong Experienced Crypto Break Out Year in 2021: Gemini Report

Hong Kong experienced a break out year for crypto investing in 2021 and currently, the city has a 24% adoption rate in crypto investors, according to a report by global cryptocurrency exchange Gemini....

U.S. Futures Slip; Stocks May Get Hong Kong Boost: Markets Wrap

(Bloomberg) — U.S. equity futures edged lower Monday as traders weighed the risk of stiffer sanctions on Russia. Asian stocks may get a boost from Beijing’s move to ease a dispute that imperils ...