Crypto adoption in Hong Kong is going to expand, as the city has emerged as the readiest country/ region to embrace digital assets era, according to a study by trading platform Forex Suggest. Through ...
Tag: Kong
Hong Kong positioned as the most crypto-ready country in 2022
While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements of the te...
Why is Hong Kong ready for widespread crypto adoption?
According to Forex’s research, Hong Kong is best equipped for widespread crypto adoption. The study indicated that Hong Kong had a crypto-readiness score of 8.6. Public acceptance of cryptocurrencies ...
Digital Bank SEBA Goes on Hiring Spree as It Seeks Licenses in Singapore & Hong Kong
Despite the recent decline in crypto assets, SEBA Bank AG, an online bank specializing in digital assets, expects to increase its staff in Asia as per a report by Bloomberg. The digital bank, backed b...
Alleging Defamation, Binance CEO Sues Bloomberg Hong Kong Subsidiary
Binance CEO Changpeng “CZ” Zhao claims he was defamed in an article ran by the Chinese language publisher of Businessweek in Hong Kong “Distress” and “embarressment” are alleged to have been brought a...
SenseTime defied US sanction to raise capital in Hong Kong. Where does it go from here?
For years, Xu Li toiled with millions of lines of computer codes to establish an artificial intelligence (AI) system to empower manufacturing, enhance surveillance and enrich social matrix. Then in Oc...
Warburg Pincus-Backed ESR To Build Maiden Logistics Hub In Hong Kong After Winning Land Auction
The Kwai Chung container port in Hong Kong. ESR won the bid to develop a logistics hub near the Kwai … [+] Chung Container Terminal, one of the world’s busiest ports. Marc Fernandes/NurPho...
Hong Kong Internet Stocks Rally On Didi Follow Through & HFCAA Window Potentially Not Shortening
China Last Night KraneShares Key News Asian equities had a strong performance overnight though we should curb our enthusiasm slightly as volumes were light. Hong Kong internet stocks had a strong nigh...
Didi To Resume Normal Operations, Hong Kong Volumes Plummet
China Last Night KraneShares Key News Asian equities posted mixed results on light volumes as summer doldrums kicked in. The WSJ reported that “according to people familiar with the issue,” Didi will ...
Yahoo Hong Kong to Launch NFTs Products for Pet Lovers
Yahoo Hong Kong’s online magazine (BetterMe Magazine) announced on Monday that it will launch its first NFT project, popularly known as ‘City Frenchie’, on July 21. For many pet owners, owning a pet i...
Huobi Technology filed an application for trading licence with SFC Hong Kong –
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Hong Kong Short Sellers Press Their Bets, Week In Review
China Last Night KraneShares Week in Review It has been a difficult week for markets globally as the US and Asia saw sharp equity declines on recession fears in the US and a higher-than-expected infla...
Solar Stocks Shine As New Video Game Approval Lifts Hong Kong Internet Stocks
China Last Night KraneShares Key News Asian equities were mixed as Taiwan had a strong day, the Philippines underperformed, and Thailand had a market holiday for Asarnha Bucha Day, which according to ...
Hong Kong to crack down on non-compliant crypto businesses and ads
In the midst of various financial authorities cracking down on the cryptocurrency industry in an attempt to regulate the new and largely unregulated asset category, Hong Kong is amending its anti-mone...
Hong Kong Introduces Draft Legislation to Treat Cryptocurrency Exchanges Like Traditional Finance
Hong Kong lawmakers have introduced new legislation tailored to regulate the cryptocurrency space and aim to implement a new licensing regime for crypto service providers. The proposed law governing c...
Crypto Firms in Hong Kong will seek License Through AML Law
The proposed legislation will also include dealers in precious metals and stones (DPMS). In June, the Anti-Money Laundering and Counter-Terrorist Financing Bill 2022 was published in the official gove...
CoinFLEX files for arbitration in Hong Kong to recover $84M
CoinFLEX is among the crypto firms affected by the bearish conditions across the market. The crypto investment firm is looking into how it can reclaim $84 million worth of funds from the whale account...
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law – Regulation Bitcoin News
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML)...
CEO of Hong Kong securities regulator appointed as new FCA chair
The UK Financial Conduct Authority is tapping into Hong Kong’s securities market regulator for a new chair. Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, is set to becom...
Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority. In a Friday announcement, the U.K. Treasury said...
EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong
Li Shufu, chairman of Zhejiang Geely Holding Group Co., in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, a China automaker controlled by billionaire L...
Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong
Soho China CEO Zhang Xin, second from right, chats with guests at her newly opened Galaxy Soho … [+] building in Beijing in 2012. Galaxy Soho, a new office, retail and entertainment building, wa...
Chinese President Xi Jinping Praises ‘One Country, Two Systems Success As He Swears In New Hong Kong Leader
China’s President Xi Jinping waves following his speech after a ceremony to inaugurate the city’s new leader and government in Hong Kong on July 1, 2022, on the 25th anniversary of the cit...
Hong Kong Stock Exchange Closed On July 1
The Hong Kong Stock Exchange is one of the world’s largest. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP The Hong Kong Stock Exchange is closed today, July 1, to mark the former B...
Hong Kong Digital Asset Exchange Limited(HKD.com) announces M+A with Technicorum Holdings, creating USD100million valuation company in Singapore
SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joi...
HONG KONG DIGITAL ASSET EXCHANGE LIMITED(HKD.com) ANNOUNCES M+A WITH TECHNICORUM HOLDINGS, CREATING USD 100 MILLION VALUATION COMPANY IN SINGAPORE
SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joi...
China’s Xi arrives in Hong Kong in first trip off mainland since pandemic
Chinese President Xi Jinping is pictured here speaking during the unveiling of the Communist Party’s new Politburo Standing Committee on October 25, 2017 in Beijing, China. Lintao Zhang | Getty ...