China Last Night KraneShares Key News Asian equities had a mixed day as India, Singapore, Malaysia, and Thailand posted positive returns. Japan, China, and Hong Kong declined and South Korea was close...
Tag: Hong
Singapore Billionaire Ron Sim’s Revamps V3 Group As Unit Revives Hong Kong IPO
Massage chair maker OSIM is V3 Group’s flagship brand. Courtesy of V3 Group Billionaire Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segm...
Yuree Hong on Creating Community for Women in Crypto
Despite crypto’s inherent democratic qualities, they didn’t spare the industry from gender inequalities. Women are still a minority in this blossoming sector. Though some are creating spaces to change...
Bilibili Reports Q4, Hong Kong Outperforms Mainland China
China Last Night KraneShares Key News Asian equities were mixed but mostly higher. Internet and growth stocks were also a mixed bag as some reported positive earnings. Travel booking platform Trip.com...
Mainland China Outperforms Hong Kong As Investors Assess Geopolitical Risk, Internet Stocks Rebound, Week In Review
China Last Night KraneShares Week In Review Asian equities began the week lower on fears of a Russian invasion of Ukraine and came under further pressure Thursday when the invasion materialized. Mainl...
Animoca Leads $10 Million Funding Round In Hong Kong NFT Platform Amid Crypto Craze
Ucollex is a marketplace that sells NFTs featuring toys and pop culture. Ucollex Ucollex, a Hong Kong-based NFT platform, has pulled $10 million fresh capital from local blockchain game developer Anim...
Hong Kong Billionaire Edwin Leong Takes The Long View On Housing
Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can affo...
Hong Kong’s omicron spike tests its zero-Covid approach
On February 16, 2022, patients lie in hospital beds waiting for medical treatment in a temporary holding area outside Caritas Medical Center in Hong Kong. Leung Man Hei | Nurphoto | Getty Images Lam h...
HSBC Will Temporarily Shut Down Its Hong Kong Branches
Hong Kong has been suffering from a severe rise in covid-19 infections since 2020. Over 2,000 test results were positive on 22 February. The rapid pace of confirmed cases has caused many banks that op...
Why HTC Invested In A Hong Kong Events Platform Startup In The Middle Of The Pandemic
An employee wearing HTC Corp. Vive virtual reality headsets at the T.UM showroom in the SK Telecom … [+] Co. headquarters in Seoul, South Korea, on June 11, 2021. SeongJoon Cho/Bloomberg When Ev...
J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO
The reception area for Temasek Holdings. ROSLAN RAHMAN/AFP via Getty Images Delivery company J&T Express raised $2 billion in a funding round late last year from Temasek Holdings, Hillhouse Capita...
Hong Kong expert on healthcare system amid surging Covid cases
Patients lie in hospital beds waiting for medical treatment at a temporary shelter outside the Caritas Medical Center in Hong Kong, China, on February 16, 2022. Leung Man Hei | NurPhoto | Getty Images...
Alibaba stock rising on gains on China & Hong Kong policy easing: here is where to buy
Alibaba stock has been slowly regaining ground after declining since mid-October 2020. The stock has been affected by a myriad of events including pressure by the US governments on Chinese companies o...
Hong Kong Web3 Software Firm Animoca Brands Invests $1M In Taiwanese VC Fund
Animoca Brands cofounder and chairman, Yat Siu, speaks at a forum in Hong Kong. K. Y. Cheng/South China Morning Post via Getty Images Hong Kong-based Animoca Brands has invested $1 million in a Taiwan...
Hong Kong Begins Tightening Screws on Exchanges
Crypto exchanges in Hong Kong may be in for a rough ride, as strict new licensing regulations severely limit the clientele exchanges may have. The writing is on the wall for crypto exchanges in Hong K...
Covid Hurts Business At Yum China; Shares Plunge 4.3% In Hong Kong
A customer collects a take-out order in a KFC restaurant in Shanghai last September. Photographer: … [+] Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Multiple waves of Delta variant outbreak...
Hong Kong prohibits crypto ETFs to professional investors
Crypto assets should now have garnered mainstream adoption. As the ecosystem went mainstream, regulators began to eye the network. Simultaneously, Hong Kong Monetary Authority argued cryptocurrency sp...
Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs
Hong Kong financial regulations have published new guidance New rules single out products like spot ETFs The new guidelines were published on Friday Hong Kong monetary controllers have distributed n...
Draft rules on overseas IPOs will apply to Hong Kong
People wear protective masks as they stand outside of the China Securities Regulatory Commission (CSRC) in the Financial Street on April 17, 2020 in Beijing, Emmanuel Wong | Getty Images News | Getty ...
Hong Kong’s HashKey Group Raises $360M Blockchain Fund
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Hong Kong SFC Fines Citigroup’s Asia Subsidiary $44.68 Million
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited and also slapped a fine of HK$348.25 million (around $44.68 million) for some serious regulato...
Hong Kong Virtual Lender ZA Bank Gains Securities License
Hong Kong-based ZA Bank has obtained a license from the Securities and Futures Commission (SFC) for Type 1 regulated activity, the digital bank announced. The new license will allow the digital bank t...
Hong Kong Billionaire Loses Half Her Fortune on China Probe
(Bloomberg) — A record stock plunge for a flavoring and fragrances company has erased half of its chairwoman’s wealth, in the latest example of fortunes getting lost and a reminder for investors...
Hong Kong Stocks Become An Oasis Of Green In A Sea Of Red, Week In Review
China Last Night KraneShares Week In Review China reported Monday that the country’s GDP grew at a better than expected +8% in 2021, though Q4 GDP disappointed at only +4%. Monetary policy easing was ...
PBOC Cuts Loan Prime Rate, Hong Kong Outperforms
China Last Night KraneShares Key News Asian equities had a mixed day as Hong Kong and Japan outperformed and India underperformed. Remember Hong Kong internet outperforming and India underperforming i...
Monetary Easing Gains Momentum, Hong Kong Internet Holds Up
China Last Night KraneShares Key News Asian equities were a sea of red, except for the small gains by Hong Kong and Singapore. Japan was off -2% as Sony was smoked -12.79% post-Microsoft/Activision an...