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Posted on 20/04/2023

Hong Kong bishop hopes for closer ties with Beijing diocese

BEIJING (AP) — Hong Kong’s Roman Catholic bishop said in a historic trip to Beijing that he hopes the dioceses of the two cities will have more exchanges and cooperation, local media reported Thursday ...

Posted on 20/04/2023

Hong Kong treasury minister’s visit to UK to promote business ties met with protest

The attending UK officials were Minister of State in the Department for Business and Trade Dominic Johnson, the Minister of State (Indo-Pacific), Foreign, Commonwealth and Development Affairs, ...

Posted on 20/04/2023

What A Sputtering SPAC Reveals About Ripple’s Billion-Dollar XRP Business

Ripple says that XRP is improving cross-border payments, but new filings from the crypto firm’s Asian partner Tranglo suggest that customer adoption is lagging. So why are Ripple’s XRP sales ...

Posted on 20/04/2023

Hong Kong SPAC Pioneer Calls for Looser Rules to Revive Market

One of the pioneers of blank-check companies in Hong Kong is urging local regulators to relax rules in order for more listings to happen, acquisitions to materialize and liquidity to improve.

Posted on 20/04/2023

HSBC hits back at top shareholder’s sharpest call to split bank

Ping An publicly called for the creation of “a separately listed Asia business” for HSBC in a statement on Tuesday. Read more at straitstimes.com.

Posted on 20/04/2023

There Are 94 IPOs in the Pipeline in Hong Kong. Which Firms Have the Lion’s Share of the Work?

Funds raised from new share listings in Hong Kong in the first quarter of this year fell a massive 52% year-on-year, and fewer than 20 companies raised $837 million via Hong Kong IPOs in that time.

Posted on 20/04/2023

New box jellyfish found near Hong Kong in 1st discover of the venomous species in China’s waters

A new jellyfish named Tripedalia maipoensis was found in China’s waters near Hong Kong. The species is colorless, cube-shaped, and can swim faster than other kinds of jellyfish.

Posted on 20/04/2023

Bank failures made in America damage the entire world

The bank failures in the United States and Europe have triggered a debate on the causes and consequences of the banking crisis. The crisis has also prompted some populist social media to claim that ...

Posted on 20/04/2023

Hong Kong digital asset platform OSL to launch personalised AI trading bot

One of Asia’s largest digital asset platforms has launched a prototype artificial intelligence (AI) trader bot as the digital asset space quickly adapts to the hot new technology.

Posted on 20/04/2023

Hong Kong to target investors in I&T firms with revamped immigration scheme

Undersecretary for Financial Services and the Treasury Joseph Chan says government in process of finalising details of scheme set to launch later this year But lawmakers call for clear definition of ...

Posted on 20/04/2023

Hong Kong Eyes Capital-Hungry Tech Startups, But Risks Welcoming Investment Duds

Hong Kong’s new listing rules for “specialist technology companies” allow startups without any revenue to list if they meet a minimum market capitalization requirement Newly listed companies with ...

Posted on 19/04/2023

Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin

The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.

Posted on 19/04/2023

Hong Kong High Court recognizes cryptocurrency as property for the first time

Hong Kong has taken the lead in improving cryptocurrency regulations for digital assets and exchanges within the city. Recently, the High Court of Hong Kong made a landmark ruling by declaring ...

Posted on 19/04/2023

Alibaba’s Grocery Arm Gears Up for Hong Kong IPO

Freshippo, the Alibaba Group Holding Ltd. grocery chain known for selling cooked lobsters and grouper freshly chosen from fish-tanks in the store, has started preparations for a Hong Kong initial ...

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