FreeD Group cofounders (from left) Kenneth Lee and Abel Zhao. Courtesy of FreeD Group Hong Kong-based SaaS startup FreeD Group has raised $15 million in Series B funding led by Daiwa ACA APAC Growth, ...
Tag: Kong
Hong Kong SaaS Startup Raises $8 Million In Funding Led By Tiger Global
SleekFlow team COURTESY OF SleekFlow Hong Kong-based SaaS startup SleekFlow has raised $8 million in Series A funding led by U.S. billionaire Chase Coleman’s investment firm Tiger Global, one of...
Dutch Treat For JD, Hong Kong Internet Gains
China Last Night KraneShares Key News Asian investors did not forget about Fed Chair Powell’s less aggressive comments on interest rate hikes on Friday as equities had a strong start to the week, exce...
Hong Kong Hang Seng Rises More Than 2% Amid General Asia-Pacific Upswing
The Hang Seng index in Hong Kong advanced on the back of Chinese tech stock increases. There were also rallies in the US and the APAC region. Asia-Pacific shares traded higher to begin the week, with ...
NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO...
Alibaba Leads Hong Kong Internet Charge, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as South Korea faltered and China markets gained, especially the internet sector, which saw a major improvement in senti...
Hong Kong Outperforms As Growth Leads, Biden Mulls Tariff Action
Key News Asian equities were mixed but mostly higher overnight as Hong Kong outperformed, driven by growth and internet stocks as optimism gathers over the end to lockdowns in China and an improving m...
Israel and Hong Kong Collaborates To Trial New Digital Currency Including Against Cyber Risk
The Bank of Israel in a recent announcement declared that it has collaborated on a trial with the Hong Kong authority. It will assess the latest digital currency against cyber security risks among oth...
Giant Floating Hong Kong Restaurant Tips Over In South China Sea
Topline Hong Kong’s Jumbo Floating Restaurant—a popular tourist attraction that welcomed celebrities and politicians including Tom Cruise and Queen Elizabeth II—capsized in the South China Sea on Sund...
Israel working with Hong Kong to test digital currency risk, Bloomberg says
The Bank of Israel is working with the Hong Kong Monetary Authority on testing a new digital currency against cyber security risks, the Bank of Israel told Bloomberg in a statement. The joint project...
private pension scheme entices Fidelity, Manulife, Invesco, Hong Kong asset managers
David Li, a mid-level executive at a wealth-management firm in Guangdong, knows he cannot rely on his basic government pension, or even on his extra personal investment in retirement insurance, to mai...
What’s the goal of joint efforts made by the Bank of Israel, International Settlements and Hong Kong for CBDC Cybersecurity?
Authorities want to make sure of this completely that a digital currency would have no threats over the economy anyhow. Hong Kong Monetary Authority, the Bank of Israel and the Bank for In...
CBDC Cybersecurity To Be Tested By Hong Kong, Bank Of Israel And Bank For Int’l Settlements
CBDC, or central bank digital currency, will be the main focus of three major financial and lending institutions to validate the feasibility of new digital currency system, the Bank of Israel said on ...
Hong Kong based Babel Finance freezes withdrawals as contagion spreads
Babel Finance suspends all further withdrawals, citing that it is “facing unusual liquidity pressures” as the crypto market flounders, perhaps due to the ongoing issues with Three Arrows Capital and C...
Israel and Hong Kong trial a new digital currency and its potential cyber risks
The carnage of the cryptocurrency market has continued despite some short-lived relief but digital assets are still growing in popularity, and two major financial authorities have joined forces to exp...
Israel, Hong Kong enter partnership to test new CBDC against cyber risks
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), ...
Mainland Investors Buy The Dip In Hong Kong
China Last Night KraneShares Key News Asian equities didn’t forget about Friday’s US CPI print nor the ECB’s rate hike language leading to a similar fall as we had in Europe and the US Friday. Bitcoin...
Samsung Asset Management launches first blockchain-focused ETF in Hong Kong as technology grows beyond cryptocurrencies
Samsung Asset Management has launched a blockchain-focused exchange-traded fund, the first of its kind in Hong Kong, which will track companies involved in the field including cryptocurrencies. The co...
Largest U.S. Broker Launches Crypto Trading Service in Hong Kong
Gamza Khanzadaev Interactive Brokers sets brand new crypto trading service in special region It became known that Interactive Brokers, one of the largest brokerage companies in the world and the large...
Samsung Asset Management to launch blockchain ETF in Hong Kong
Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF). The firm expects to launch its ...
Interactive Brokers Taps OSL To Offer Digital Assets Services in Hong Kong
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced on Thursday that it formed a collaboration with OSL Digital Securities to enable it to offer virtual asset dealing ...
Hong Kong Regulator Reminds Investors of Risks Associated With NFTs – Regulation Bitcoin News
Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only i...
The University Of Hong Kong Sets Up A Blockchain-Powered System To Track Construction Quality
Blockchain technology is now being used for construction quality monitoring in Hong Kong. An architecture research team at the HKU has developed a blockchain-based system to remotely keep an eye...
Hong Kong Internet Stocks Fly On Significant Volume Increase
China Last Night KraneShares Key News Asian equities were largely higher as Hong Kong outperformed and India underperformed. Today was more important than what initially meets the eye as Hong Kong vol...
Hong Kong Securities and Futures Commission issue warning over NFTs
The Hong Kong Securities and Futures Commission (SFC) has released a statement urging investors to be cautious about the risks posed by non-fungible tokens (NFTs). NFTs have gained immense popularity ...
Hong Kong classifies NFTs as financial asset, mandates licensing
? Want to work with us? CryptoSlate is hiring for a handful of positions! Hong Kong’s Securities and Futures Commission (SFC) recently published an advisory paper that recognized NFTs as “collective i...
AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming
Getty Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin’s B Capital Group, private equit...
Regulator in Hong Kong Warns Users Against NFT Trading Risks
The Securities and Futures Commission (SFC) of Hong Kong has stepped up its awareness campaign and this time, it is in relation to the risks inherent in the trading of Non-Fungible Tokens (NFTs). As a...