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.
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 ...
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 ...
Hong Kong Interbank Liquidity Set to Hit Lowest Since 2008
Hong Kong’s interbank liquidity is falling toward its lowest level since the global financial crisis, as a wide gap between local and US interest rates forces the Asian financial hub to use frequent ...
Hong Kong’s cash dwindles to 15-year low, putting pressure on banks to raise interest rates to stem booming carry trade
The Wednesday intervention will bring the aggregated balance below HK$50 billion threshold to HK$49.23 billion the lowest since 2008 The low balance reflect low liquidity in the banking sector and may ...
Why China is struggling with international travel—geopolitical tensions, economic timidity
China’s ambitions to restart business as usual hinges on their ability to manage increasingly fraught relations with the US, Europe, and the rest of the world.
Non-techies or self-taught talent can thrive in Hong Kong’s innovation ecosystem
Gamer A: ‘SHUT UP! But you’re not a computer science major.’ Gamer B: ‘Don’t need to be. That’s a myth! I’m learning to code online’ ...
Chinese cities add millionaires at fastest pace globally as Hong Kong falls behind Singapore
Mainland Chinese cities post the fastest growth in millionaire population globally as Hong Kong registers a contraction, falling behind rival Singapore.
New box jellyfish species found in Hong Kong’s waters -study
A Hong Kong university team said it has discovered a new species of box jellyfish in the city's Mai Po Nature Reserve, the first discovery of the venomous species in China's waters.
Hong Kong leader vows to crack down on ‘hostile forces’ as Beijing official concludes visit
Hong Kong should never forget the “alarm bell” of the 2019 anti-extradition bill unrest and the harm it brought to the city, Chief Executive John Lee has said as he vowed to crack down on “hostile and ...
Billionaire Li Ka-Shing Backs Biocomputing Startup That Takes On AI With Lab-Grown Brain Cells
Cortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by ...
Australia and Singapore AI startup Cortical Labs raises $10m
Australia- and Singapore-based artificial intelligence startup Cortical Labs has closed a $10 million funding round led by Horizons Ventures, a Hong Kong-based private venture capital company owned by ...
Hong Kong Is Vying To Be The Next Crypto Hub
Hong Kong has historically provided fertile soil to grow financial institutions. Can it also make magic for crypto firms?
Hong Kong Interbank Liquidity Shrinks Toward Lowest Since 2008
Hong Kong’s interbank liquidity is falling toward its lowest level since the global financial crisis, as a wide gap between local and US interest rates forces the Asian financial hub to use frequent ...