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Category: FINANCE

Posted on 11/04/2024

Hong Kong could approve spot Bitcoin ETFs as early as this month: Reuters

Hong Kong’s Securities and Futures Commission (SFC), an independent statutory body charged with regulating the securities and futures markets, is likely to approve Spot Bitcoin Exchange-Traded Funds ...

Posted on 11/04/2024

Hong Kong stocks rise to 4-month highs as corporate buy-backs lift investor sentiment

Hong Kong stocks rose as a growing number of corporate buy-backs triggered bets that the market is nearing a bottom.

Posted on 11/04/2024

UPDATE 1-China sets yuan fixing with strongest upward bias since 2018

China's central bank ramped up support for the yuan in its daily guidance on Thursday after an overnight surge in the U.S. dollar put authorities on alert for sharp declines in the local currency. The ...

Posted on 11/04/2024

Hong Kong’s Incoming Spot Bitcoin ETFs Could Be ‘Big Deal.’ Here’s What Analysts Say

Heightened anticipation for spot-based bitcoin ETFs in the U.S. and the eventual inflows supercharged bitcoin's run-up to new all-time highs, and now Hong Kong regulators reportedly are inching closer ...

Posted on 11/04/2024

Buyouts Brighten Outlook for Hong Kong Bankers: Bloomberg Deals

Hi, it’s Manuel Baigorri in Hong Kong, where the trend of take-private deals is on the rise and keeping bankers busy. That’s a relief as other dealmaking activity in the Asian financial hub slows.

Posted on 11/04/2024

XPEV Stock Alert: XPeng Charges Up on Move Into Hong Kong, Macau

XPeng and other Chinese EV makers are just starting to ratchet up exports, shaking up the entire industry in the process.More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never ...

Posted on 11/04/2024

Scam alerts ignored by up to 30% of users of Hong Kong’s Faster Payment System for bank transfers

Police say 505,000 scam alerts sent to users of Faster Payment System (FPS) between launch of warning system in November and March.

Posted on 11/04/2024

5 held in online stock market fraud with alleged money trail to Hong Kong

The arrest of five persons from Pune city by the Pimpri-Chinchwad police for their alleged involvement in an online share market fraud scheme has led the authorities to probe the connection of the ...

Posted on 10/04/2024

Hong Kong Poised to Launch Asia’s First Spot Bitcoin ETFs in April

Hong Kong is set to approve its first spot bitcoin exchange-traded funds (ETFs) this month, marking a significant move to bolster its position as a global financial hub amid challenges. Insiders ...

Posted on 10/04/2024

Just In: Hong Kong set to introduce four spot Bitcoin ETFs this April

The Securities Regulatory Commission of Hong Kong (SFC) is reportedly speeding up the approval of the very first batch of spot Bitcoin exchange-traded funds (ETFs). According to local news agency ...

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 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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