Hong Kong is set to list the region’s first Bitcoin (CRYPTO: BTC) futures inverse product on Tuesday. What Happened: The CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK) will be traded on ...
Asia Deal Digest: A&G, A&O Lead on Billion Dollar JV Deals, Hong Kong IPOs Pick Up But Deal Values Remain Small
Two Singapore deals are some of the region's largest transactions in recent months. Allen & Gledhill and A&O Shearman are advising on both. In Singapore, A&O Shearman and Big Four Singapore firm Allen ...
Hong Kong will launch Asia’s first ever inverse Bitcoin ETF tomorrow
Tomorrow, the Hong Kong Stock Exchange (HKEX) will be launching Asia’s first inverse Bitcoin exchange-traded fund (ETF). This new ETF, the CSOP Bitcoin Futures Daily (-1x) Inverse Product, is designed ...
Hong Kong to get first bitcoin inverse investment product, adding to crypto ETFs
Hong Kong’s first bitcoin inverse investment product, which offers returns based on declines in the price of the world’s largest cryptocurrency token, debuts on the city’s stock exchange on Tuesday, ...
Hong Kong stocks edge up as China’s rate cut lifts hopes of economic momentum
Hong Kong stocks edged up on Monday, recouping earlier losses in volatile trade, as investors reacted to a surprise rate cut by China’s central bank while bracing for more uncertainty after US ...
Hong Kong jails 3 stock market manipulators for up to 80 months in landmark case
The manipulation scheme is “a sophisticated and intricate conspiracy”, which has caused losses to genuine market participants and damage to Hong Kong’s reputation as a global financial centre, Douglas ...
China rate cuts usher in next stimulus stage
HONG KONG, July 22 (Reuters Breakingviews) - For investors pondering how China's Third Plenum could revive the economy, the central bank has set the tone for what's to come. On Monday morning, the ...
Hong Kong court hands out longest jail time for market manipulation
HONG KONG - A Hong Kong court sentenced two defendants to six years and eight months of prison time for market manipulation, the longest ever handed out for such an offense in the financial hub, ...
Hong Kong stocks extend falls as Biden’s exit from US Presidential race fuels Trump trades
Hong Kong stocks dropped extending last week’s decline ... stoking concerns of higher inflation and intensified geopolitical tensions. Meanwhile, the People’s Bank of China on Monday cut both the ...
China cuts short and long-term rates
China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The move follows Beijing's release of a policy document on Sunday ...
Asia stocks skid as China trims rates; Biden bows out
Asian shares tread cautiously on Monday ahead of a packed week of corporate earnings that should test the sky-high valuations of tech stocks, while investors hope a key reading in U.S. inflation will ...
HSBC HOLDINGS (00005.HK) Buys Back Over 3.25M Shrs for $216M Last Fri
HSBC HOLDINGS (00005.HK) announced that it bought back 3.25 million shares on the Hong Kong Stock Exchange last Friday (19 July) at prices ranging from $66.3 to $66.8 per share, with a weighted ...
BBMSL Partners with PayMe by HSBC to Enhance Payment Options for Hong Kong Customers
BBMSL, a leading payment solutions provider in Hong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital ...
Exploring Three Undervalued Small Caps In Hong Kong With Insider Actions
Amidst a backdrop of fluctuating global markets, the Hong Kong small-cap sector presents a unique landscape for investors. While broader indices have shown mixed results, the resilience and potential ...