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Month: April 2024

Posted on 10/04/2024

A fire in a 16-story Hong Kong residential building kills at least 5 people and injures dozens

A fire in a large, mostly residential building in Hong Kong on Wednesday morning killed at least five people and left another 27 injured. The blaze in the New Lucky House in Hong Kong’s Jordan ...

Posted on 10/04/2024

Hong Kong building fire kills at least five people and injures 27

A fire at a building in Hong Kong on Tuesday morning killed at least five people and left another 27 injured.Police said they were still receiving […] ...

Posted on 10/04/2024

HSBC to host next investment summit in early 2025 after resounding success of ‘Hong Kong is back’ pitch

HSBC plans to host another global investment summit in the city early next year after this year’s sell-out inaugural conference drew 3,500 attendees, an overwhelming success in proof that ‘Hong Kong ...

Posted on 10/04/2024

Hong Kong regulator fast-tracks Bitcoin spot ETF approvals

Hong Kong’s SFC accelerates approval for 4 Bitcoin Spot ETFs, expected by April 15. ZA Bank to offer banking for stablecoin issuers, enhancing Web3 adoption.

Posted on 10/04/2024

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters

Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds (ETF) next week, making it possible that the products could be ready to start trading in ...

Posted on 10/04/2024

China’s Xpeng to Expand EV Sales to Hong Kong and Macao

Xpeng will team up with Sime Darby Motors, an automotive group active in the Asia-Pacific region, to bring EVs to showrooms in Hong Kong and offer after-sales services, the Guangzhou-based firm ...

Posted on 10/04/2024

Chinese EV Maker XPeng Makes Inroads in Hong Kong, Macau

Chinese electric-vehicle maker XPeng is gearing up to sell its cars in Hong Kong and Macau, part of efforts to expand beyond the overcrowded market in mainland China.

Posted on 10/04/2024

Hong Kong companies must wield double-edged sword of ESG reporting with care

Putting more pressure on organisations in Hong Kong to deliver on their climate pledges is critical if the city is to achieve its net-zero goal. Using reporting standards to create greater ...

Posted on 10/04/2024

XPeng Motors rides into Hong Kong and Macau markets

XPeng Motors (NYSE:XPEV) expands its footprint through a dealer partnership with Sime Darby Motors in Hong Kong. Sime Darby Motors said that XPeng (XPEV) focus models, including the latest pure ...

Posted on 10/04/2024

Hong Kong’s First Bitcoin Spot ETFs Will Go Live in April: Reports

Hong Kong will reportedly approve Asia's first spot bitcoin ETFs this month, cementing its Bitcoin-friendly stance and status as a rising finance hub.

Posted on 10/04/2024

Hong Kong Gov’t Intervenes to Buy Olympic Games TV Rights – Global Bulletin

The Hong Kong government has licensed the broadcast rights to the Summer Olympic Games in Paris. It intends to relicense the rights to four TV broadcasters in the city – TVB, ViuTV, HOY TV and ...

Posted on 10/04/2024

Hong Kong’s latest problem is a 99% nosedive

The last thing Hong Kong’s struggling stock market needs is for the shares of a $1.9 billion listed company to plunge 99% in 15 minutes. That's the fate that befell China Tianrui Group Cement as ...

Posted on 10/04/2024

Hong Kong set to approve its first spot bitcoin ETFs in April, sources say

Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said. That timeline would ...

Posted on 10/04/2024

Hong Kong-Based First Digital’s $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.

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