China Last Night KraneShares Week in Review Asian equities had a choppy week of trading as Mainland investors poured into Hong Kong stocks, awaiting the results of the 20th National Party Congress (NP...
Tag: Kong
Hong Kong government considers permitting retail investments in crypto
As the cryptocurrency industry continues to expand and investors show increasing interest, more governments have either already jumped on the bandwagon or are starting to consider allowing their citiz...
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’ – Coinotizia
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest direct...
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’ – Regulation Bitcoin News
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest direct...
Hong Kong Soon To Launch Its CBDC
The global adoption of Central Bank Digital Currency (CBDC) is on the surge amid the increasing volatility in the crypto market. However, Hong Kong has decided to add to this list of nations utilizing...
Hong Kong Leader Unveils Battle Plan To Win Talent War, Prioritizes Security In Policy Address
Hong Kong Chief Executive John Lee delivers his policy address at the Legislative Council on October 19. Anthony Kwan/Getty Images Hong Kong Chief Executive John Lee unveiled a series of new measures ...
Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee
Chief Executive of HKSAR John Lee delivered his first policy address Wednesday, indicating that the administration has proposed a bill to establish a statutory licensing regime for virtual asset servi...
Healthcare Stocks Rise In Hong Kong And China; BYD Forecasts +300% Net Profit Increase
China Last Night KraneShares Key News Asian equity markets finished higher overnight as China closed mixed, which followed a strong rally in US stocks yesterday. President Xi’s Sunday speech emphasize...
With $900 Million In Funding, Hong Kong Fintech Unicorn WeLab Bets Big On Indonesia
As more startups explore Indonesia’s fintech potential, WeLab’s cofounder and CEO Simon Loong believes digital banking can be a win-win game. There are good “a-ha” moments and there are bad ones, acco...
National Security Law Is Curtailing The Right To A Fair Trial In Hong Kong
The National Security Law has been having a profound effect on the right to a fair trial and the rule of law in Hong Kong. According to reports, more than 160 people have been arrested under the Natio...
PayPal Ceased Hong Kong Account of Pro-Democracy Group: Report
A pro-democracy group in Hong Kong reported that PayPal HK stopped the payment process for the League of Social Democrats (LSD.) The group added that they were “stunned” to know this and now just have...
Paypal HK Halts Hong Kong Pro-Democracy Group’s Payments Over ‘Excessive Risks’ – Bitcoin News
According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they wer...
Hong Kong Hopes To Draw Back Fleeing Firms With Web3 Fintech Week
Hong Kong: Web3 and the metaverse will feature prominently in this year’s Fintech Week, according to event organizers trying to lure firms back to the country post-pandemic. The organizers, which incl...
How long can the Hong Kong dollar peg hold?
The USD/HKD price has been in a consolidation phase at the upper side of its peg in the past few months. It has remained at 7.85, which is about 1.30% above its pandemic low of 7.750. So, how long wil...
Mainland Investors Buy Hong Kong Stocks As Short Selling Continues
China Last Night KraneShares Key News Asian equities were down on light volumes in advance of today’s US CPI print, with Thailand on holiday. The Asia dollar currency index gained as the US dollar sli...
Onshore & Offshore Diverge As Hong Kong Short Interest Rises
China Last Night KraneShares Key News Asian equities were down overnight while the three markets that were closed Monday South Korea, Japan, Malaysia, and Taiwan played catch up to the downside as Chi...
Hong Kong Refuses U.S. Calls To Seize Sanctioned Billionaire’s Docked Superyacht
Topline Hong Kong will not seize a superyacht linked to Russian billionaire Alexey Mordashov docked in its harbor, chief executive John Lee said on Tuesday, dismissing Western warnings that the city’s...
Hong Kong Based Asset Management Firm Buys Out Majority Stake in Crypto Exchange Huobi Global
Terms of trade are yet to be disclosed. About Capital wants to expand Huobi’s global presence. Change in ownership; teams remain unchanged Chinese cryptocurrency exchange Huobi Global revealed in a bl...
Elon Musk Backs China Special Zone For Taiwan That’d Be “More Lenient Than Hong Kong” — Report
Tesla CEO Elon Musk (L) shakes hands with Chinese Premier Li Keqiang as he arrives for a meeting at … [+] the Zhongnanhai leadership compound in Beijing on January 9, 2019. (Photo by Mark Schief...
MSCI Solicits China A Share Feedback, Hong Kong Shorts Press Again, Week In Review
China Last Night KraneShares Week in Review Hong Kong returned from its holiday in good spirits as the Hang Seng Index gained +5.9% on Wednesday on multiple catalysts, including Hong Kong reopening fo...
Quiet Night As Hong Kong Volumes Drop
China Last Night KraneShares Key News Asian equities were broadly higher on light volumes as South Korea’s growth stock exchange the KOSDAQ +3.02% though down -42% YTD. Hong Kong traders returned to t...
BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
Earlier in the day, ADP’s Employment report on job creation in the private sector arrived hotter than expected as businesses created 208,000 jobs in September, versus consensus estimates for 200,000, ...
Hong Kong Rallies As Shorts Press Their Bets
China Last Night KraneShares Key News Asian equities markets had a strong day following yesterday’s US move with Hong Kong outperforming while China is still on its Golden Week holiday and India misse...
Will it raise the question of CryptoCrypto after the Laundering of the $384 Million incident in Hong Kong
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55% of Family Offices Want More Crypto in Hong Kong and Singapore – Trustnodes
Wealthy families in Hong Kong and Singapore are looking to increase exposure to crypto according to Cerulli, a Boston based financial research company. As much as 55% of family offices in these two hu...
Amid Crypto Downtown Michael Kong sees Bright Future for Fantom
Michael Kong, speaks at Chainlink SmartCon in New York that multiple blockchains will succeed in future. Also he said that not all the blockchains out there can survive. More than 20,000 blockchain pr...
China Shares Plunge to Lowest Valuation on Record in Hong Kong
(Bloomberg) — Grim milestones keep piling up for Chinese stocks listed in Hong Kong. As September draws to an end, the Hang Seng China Enterprises Index has lost more than 14% to rank as the wor...