According to rules established by the US Securities and Exchange Commission (SEC), the first special purpose broker-dealer license has been granted, allowing a cryptocurrency firm ...
Hong Kong throws open the doors to cryptocurrency even as debate rages on whether it’s a security or commodity
China banned cryptocurrency trading in 2021 and Hong Kong turned frosty on the industry as a result, even though it was home to several early cryptocurrency businesses, including the now-bankrupt FTX.
Capital Markets: Hong Kong poised to make strong recovery
Since its borders reopened in January, Hong Kong has been focused on re-establishing itself as a prominent business hub and a connector between mainland China and the global financial community. This ...
ByteDance founder Zhang Yiming to fund tech startups
Persons familiar with the matter told Jiemian News the fund will focus on investing in novel tech startups. In May 2021, Zhang stepped down as CEO of ByteDance and passed on the position to his old ...
Hong Kong’s Cathay Pacific sacks crew members accused of discriminating against non-English speakers
Hong Kong’s Cathay Pacific Airways has dismissed three cabin crew members after a passenger accused them of discriminating against non-English speakers, in a case that drew criticism from Chinese stat ...
Hong Kong retail investors to start trading major cryptocurrency tokens from June 1 as new virtual-assets regime kicks off
Platforms can start to apply for a licence on June 1, while those "who do not plan to do so should proceed to an orderly closure of their business in Hong Kong", the SFC said in a statement on Tuesday ...
AWS Supports HSUHK to Establish Hong Kong’s First Cloud Innovation School
Millions of customers—including the fastest-growing startups, largest enterprises ... About The Hang Seng University of Hong Kong The Hang Seng University of Hong Kong (HSUHK) is a non-profit private ...
How Hong Kong can look within to nurture the talent it needs
An ageing population, low birth rate and waves of emigration are coming together to threaten the city's talent pool. Even so, there are uncertainties over a strategy to import talent. For example, ...
Newman Capital Invests in Web3 Gaming Wallet Infrastructure Startup Openfort
HONG KONG SAR - Media OutReach - 23 May 2023 - Newman Capital is proud to announce its investment in Openfort, a cutting-edge blockchain wallet infrastructure startup focused on Web3 gaming. With the ...
Hong Kong stocks see-saw as short-video platform Kuaishou’s earnings buoy sentiment weighed down by US debt ceiling talks
Stocks in Hong Kong struggled to find direction on Tuesday morning as short-video platform Kuaishou’s strong report card lifted sentiment weighed down by the protracted US debt ceiling negotiations.
Hong Kong company crashes Wesfarmers’ pursuit of SILK Laser with $178 million rival bid
SILK Laser said it had deemed EC’s $3.35-a-share indicative cash proposal superior to Wesfarmers’ $3.15 offer, triggering a provision under their takeover agreement that gives the WA conglomerate five ...
A startup wants to be “Booking.com for rocket launches”
Precious Payload wants to be the "Booking.com for rocket launches," said Andrey Maksimov, the company's Russian-born CEO and founder.
Warmer-than-ever China-Saudi ties offer Hong Kong a golden opportunity – if the city does its homework
Fast-changing Saudi Arabia is eager for foreign capital, including from Hong Kong. But the city needs to do its homework to enter a crowded market Hong Kong should reach out to its citizens in the ...
Hong Kong Startup Deamtest – Launches Deamchain, an Innovative Global Gig Economy Solution
HONG KONG / ACCESSWIRE / May 19, 2023 / Deam Chain, the innovative blockchain platform that aims to revolutionize the freelance economy, has just launched its native token, Deam Coin. This marks a ...