The Hong Kong skyline from on board the Genting Cruise Lines Genting Dream while berthed in Hong Kong on Wednesday, July 28, 2021. Lam Yik | Bloomberg | Getty Images Cruise operator Genting Hong Kong ...
Tag: Hong
Hong Kong Billionaire Michael Kadoorie To Increase Family Stake In Peninsula Hotel Operator For $337 Million
Billionaire Michael Kadoorie, chairman of Hongkong and Shanghai Hotels. Justin Chin/Bloomberg Hong Kong billionaire Michael Kadoorie is increasing his family’s stake in Hongkong and Shanghai Hotels, w...
Hong Kong initiates discussions to introduce stablecoin regulatory framework
The HKMA has listed 8 policy-related questions seeking recommendations They have cited 5 possible regulatory outcomes too HKMA aims to establish the framework by 2023-24 Hong Kong’s focal financial e...
Hong Kong begins discussions to introduce stablecoin regulatory framework
Hong Kong’s central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-bac...
Hong Kong’s Central Bank to Reveal Plans for Crypto Regulations Come July 2022
The de facto central bank of Hong Kong intends to have a new regulatory framework in place for crypto assets by July. This comes as the city races with Singapore to become a major center for the indus...
Hong Kong’s Central Bank Says Stablecoins Have Capacity To Enter Mainstream Financial System
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial...
Omicron will challenge Hong Kong’s zero-Covid policy: Ex-U.S. diplomat
The highly transmissible omicron variant is going to be a “very difficult challenge” for Hong Kong as the city sticks to its zero-Covid policy, a former U.S. diplomat told CNBC. There will...
Hong Kong to Set a Plan for Cryptocurrency Regulations by July 2022: Report
The Hong Kong Monetary Authority (the central banking institution of the city-state) reportedly intends to establish a new regulatory regime for digital assets by July this year. The special administr...
Crypto Regulation Coming – Hong Kong Fears Crypto May Endanger Financial System If Not Monitored
Yuri Molchan Hong Kong plans to create a crypto regulation plan by mid-summer and implement it within next few years Contents Hong Kong prepares crypto regulation plan Pantera Capital-backed HK exchan...
Hong Kong Billboards Plugging NFTs Have Taken Over the Metro Area
Hong Kong billboards, blaring out NFT collections, are flooding Asia’s financial hub. Billboards pushing Non-Fungible Tokens (NFTs) are flooding downtown Hong Kong, reports The South China Morning Pos...
Growth Outperforms In Hong Kong While Value Outperforms In China
China Last Night KraneShares Key News Asian equity markets were off overnight despite the Nasdaq’s impressive intraday reversal as Japan came back from holiday with a thud while India, Malaysia, and T...
Hong Kong Internet Stocks Post Another Strong Day
China Last Night KraneShares Key News Asian equities had a decent start to the week led by the Philippines’ strong day. South Korea was off on tech/growth weakness, and Japan was on holiday. The Hang ...
Hong Kong Cryptocurrency Exchange Freezes Its Customers’ Funds (Report)
Dozens of clients of the Hong Kong-based cryptocurrency exchange Coinsuper reportedly complained they can not retrieve funds from the platform. At least seven of them have contacted the police regardi...
Hong Kong crypto exchange Coinsuper hit by police reports
Bloomberg has reported that a number of individuals filed police reports after withdrawals were seemingly frozen, and they were unable to access a total of $55,000 of tokens and cash from their Coinsu...
Customers Struggle to Withdraw Assets From Hong Kong Crypto Exchange Coinsuper
Customers of a Hong Kong-based cryptocurrency exchange have struggled to withdraw funds for months, according to a Bloomberg report. Dozens of Coinsuper’s clients have reported being unable to make wi...
Report: Hong Kong-based Coinsuper clients unable to withdraw funds, tokens
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly hit by frozen funds. A report by Bloomberg noted that customers are unable to withdraw money or tokens from the exchange, pushing some o...
Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was foun...
Hong Kong Internet Stocks Outperform In A Rough Night In Asia
China Last Night KraneShares Key News Asian equities had a rough night following US equity weakness yesterday with an emphasis on tech/growth stocks going into tomorrow’s US payrolls and unemployment ...
Hong Kong Fintech Unicorn WeLab To Enter Increasingly Crowded Indonesian Digital Banking Market
Simon Loong, WeLab cofounder and CEO. COURTESY OF WeLab WeLab, a fintech unicorn startup based in Hong Kong, is planning to launch a digital bank in Indonesia in the second half of this year, followin...
Independent Hong Kong News Site To Close Over Safety Concerns Amid National Security Crackdown
Chris Yeung, founder and chief writer of Citizen News, waves to journalists after a press conference … [+] outside his office in Hong Kong on January 3, 2022. ASSOCIATED PRESS Citizen News said ...
Shares Suspended From Trading in Hong Kong: Evergrande Update
(Bloomberg) — China Evergrande Group announced its shares will be suspended from trading on the Hong Kong stock exchange on Monday without giving a reason. Most Read from Bloomberg Cifi Holdings...
Jessica Wang Named CEO At Hong Kong Billionaire Vincent Lo’s Flagship Shui On Land
Shui On Land is the developer of Shanghai’s iconic Xintandi nightlife and commercial district. … [+] (Photo by Ryan Pyle/Corbis via Getty Images) Corbis via Getty Images Shui On Land, the ...
Hong Kong Monetary Authority Calls for Comments on its Crypto Regulation Paper
Hong Kong is looking to expand its crypto regulation to cover trading platforms and stablecoins and non-asset-backed cryptocurrencies. Hong Kong’s central bank is looking for comments on cryptocurrenc...