Hong Kong

News

Hong Kong Demonstrates Readiness to Push Forward Belt and Road Initiative

Hong Kong’s financial secretary Paul Chan said that the city has all the capabilities necessary to facilitate the implementation of the Belt and Road Initiative.

News

Technology Giants Boost Hong Kong Stocks

Hong Kong stock indexes on Monday, August 19, showed growth against the background of the rising value of shares of technology companies.

Science & Technology

Hong Kong’s Video Gaming Sector to Boost Due to GenAI

The process of implementing generative artificial intelligence, which is currently underway at the global level and demonstrates the tendency of gradual sustainable scaling, is likely to strengthen and probably will increase and diversify the possibilities of the video game industry in Hong Kong.

Blockchain & Crypto

CashOn Launches Digital Currency Lending Matching Platform

Hong Kong DeFi company CashOn launched an innovative lending platform that helps customers access cash liquidity by using digital currencies.

News

Hong Kong to Launch Inverse Bitcoin ETF

The new inverse Bitcoin ETF enables investors to profit from the crypto asset price declines

News

AI Giant iFlytek to Invest in Hong Kong

One of the biggest players in China’s artificial intelligence industry, iFlytek, presented a five-year investment plan for the activity in Hong Kong on Friday, July 19.

Finance & Economics

Researchers Say About Advantage of Hong Kong’s Offshore Position for China

Leading Chinese researchers advise Beijing to step up its efforts to raise large amounts of foreign investment by focusing on its role in the Asian supply chain and using Hong Kong’s offshore position for appropriate purposes.

News

Cryptocurrency Exchange Gate.HK Faces Regulatory Pressure

Hong Kong-based cryptocurrency exchange Gate.HK has closed down due to non-compliance with local licensing requirements, which will take effect on June 1.

News

Worldcoin to Stop Iris-Scanning Operations in Hong Kong

Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.

Finance & Economics

Hong Kong Growth Beats Expectations

The Hong Kong economy in the first quarter of the current year demonstrated growth rates that significantly exceeded preliminary expectations for the dynamic of the corresponding indicator.

News

Hong Kong Crypto ETFs Begin Trading

Spot Bitcoin and Ethereum exchange-traded funds (ETFs), the first crypto ETFs in Asia, have officially gone live in the Hong Kong stock market today.

News

Hong Kong Approves Bitcoin and Ethereum ETF

Moving ahead of the U.S. regulators, the SEC of Hong Kong has officially approved both Bitcoin and Ethereum ETF products from major local asset managers.

Finance & Economics

Hong Kong Retail Sales Demonstrate Growth

On Wednesday, April 3, official data were published, according to which an increase in retail sales was recorded in Hong Kong in February.

Blockchain & Crypto

Hong Kong Launches Wholesale CBDC Project

In Hong Kong, the local financial regulator announced the launch of the wholesale Central Bank Digital Currency (CBDC) project.

Finance & Economics

Hong Kong Property Stocks Demonstrate Growth

In Hong Kong, an increase in the share price of local developers was recorded after Financial Secretary Paul Chan announced the cancellation of measures to cool property as part of efforts to normalize the state of affairs in the real estate sector, which found itself in a difficult situation amid the impact of negative factors […]

News

HSBC to Improve Ties With Hong Kong Unit

HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.