Expectations for Hong Kong to approve the ETF products are seen as one of the biggest market-moving events for the cryptocurrencies in the near term.
Stock market today: Wall Street sinks after a mixed start to earnings reporting season as oil jumps
On Wall Street, Wells Fargo was flat after swinging between gains and losses. It beat analysts' profit targets for the latest quarter in its first report since the Biden administration eased some of ...
Hong Kong to Approve Spot Bitcoin, Ether ETFs as Soon as Monday: Bloomberg
Hong Kong regulators could approve spot ETFs based on Bitcoin (CRYPTO: BTC) and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter. Read the full story at ...
Resilience and reform: Hong Kong adapts to change
2023 was undoubtedly a challenging year for Hong Kong IPO activity. IPO proceeds declined for the third year in a row, falling 33 percent from US$8.5 billion in 2022 to US$5.7 billion in 2023. Hong ...
Inflation Comes for the Housing Market
The higher-for-longer inflation predicament has hit the U.S. housing market like a thunderbolt. Home prices and mortgage rates are climbing again, dashing hopes that financing costs would fall this ...
Hong Kong tycoon Jimmy Lai gave HK$1.5 million to back worldwide ad campaign to pressure city government during 2019 unrest, court told
Chan added he revealed to Simon he wanted to start a personal business and discussed the difficulties he had encountered in trying to open a Hong Kong bank account for an offshore company. “He said it ...
National Games 2025: co-host Hong Kong takes supporting role as it learns from mainland’s multisport expertise
It’s a totally different thing to organise,’ head of Hong Kong committee Yeung Tak-keung says as he reveals city will have test events and join torch relay.
Hong Kong lawmakers hit out at hefty fare increases proposed by taxi trade
Commissioner for Transport Angela Lee says authorities will strike a balance between the financial sustainability of trade and public's acceptance of fare increases Lawmaker notes the one of the ...
9,578 buildings have not complied with Hong Kong fire safety orders, with a fifth in same district as blaze-hit property
Buildings Department says 9,578 properties have failed to obey orders to improve fire safety as of December last year, with compliance rate at about 37 per cent One-fifth of those buildings are ...
Hong Kong-Listed Bitcoin ETFs Could Unlock Upto $25B in Demand, Crypto Firm Says
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Hong Kong police arrest 1,121 over online, phone scams totalling HK$2.2 billion
Chow said police had noticed an increase in the use of mainlanders sent to Hong Kong to create bank accounts on behalf of crime syndicates since the city lifted its pandemic travel curbs at the start ...
Global data trading has ‘clear potential’ to become thriving industry in Hong Kong: Paul Chan
Financial Secretary Paul Chan touts importance of supporting data flows during two-day summit bringing together business leaders to discuss digital economy 'From digital payments to generative AI, ...
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says
Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound ...
Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong’s Major ETF Push?
Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a ...