Chinese Bitcoin Exchange BTCC Bought By Hong Kong Investors

Bitcoin startup BTCC, China's first Bitcoin exchange, has been acquired by Hong Kong blockchain investment fund, the company said in a statement. The move comes amid the ongoing regulatory crackdown on cryptocurrencies by Chinese officials. The terms of ... ( read original story ...)

HONG KONG: Happy Valley Wednesday selections

2 Golden Sleep ran well last start and can figure. #5 Daring Heart had things against last start and should be forgiven for that effort. RACE 4: THE HONG KONG FOOTBALL CLUB CENTENARY CUP #3 London Master drew wide last time out at Sha Tin and wasn’t ... ( read original story ...)

Why the Hong Kong bull market is set to run and run

Let’s start with the economics. International investors have long ... and the prices of Chinese stocks listed in Hong Kong. But the dreaded crisis has not materialised. Far from it – mainland authorities appear to have successfully engineered a soft ... ( read original story ...)

Fintech startups: A comparison of Israel and Hong Kong

Israel is known as the ‘startup nation’ and more and more entrepreneurs there are turning their creativity to the FinTech arena. With the exception of Silicon Valley, Israel is the world’s top incubator for startups — and fintech is increasingly ... ( read original story ...)

Design incubator boosts startups

I hope my video can be seen everywhere. Voiceover: Mr Lau teamed up with friends to launch a multimedia video production startup company in Hong Kong four years ago. They joined the Design Incubation Programme last year and received sponsorship to open an ... ( read original story ...)

Money laundering and the fuss over ATM withdrawals in Hong Kong

Hong Kong banks have been hit by an unprecedented HK$20 billion per month surge in suspicious ATM withdrawals, exposing a loophole that could deal a blow to Beijing’s battle against illicit capital flight via its notorious underground banking system. ( read original story ...)