China Property Stocks Lead Hong Kong Market Slump

A cash crunch at China's largest surviving property developer rattled Hong Kong's stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed coupon payments that were due Monday on two U.

Why Hong Kong Wants to Be a Hub for the Crypto Sector

Hong Kong wants to become an international crypto hub even as jurisdictions like the US cast a wary eye on the sector. In August, the first licenses were issued under a new system to regulate crypto exchanges offering trading in tokens like Bitcoin and Ether.