Crypto Biz reviews Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis.
Hong Kong’s prominent pro-democracy Civic party votes to disband
Group was among the last opposition parties, as political dissent has been banned since 2020’s security law ...
Hong Kong’s crypto rules come into effect, Binance CZ finds the timing interesting
Binance CEO Changpeng Zhao has noted that Hong Kong's crypto rules will come into play the week starting May 28. The comment comes after Beijing released a web3 white paper to promote the industry's ...
Hong Kong political party disbands amid China crackdown
The Civic Party, one of the main democratic groups in the Chinese territory, said its members had agreed to wind up their activities. The decision was made due to a leadership vacuum after its members ...
Hong Kong’s pro-democracy Civic Party disbands amid Chinese security clampdown
The Civic Party, alongside the Democratic Party, was a major democratic force in Hong Kong until a number of its members were arrested following the imposition of a 2020 national security law.
Hong Kong stocks fall about 2% to lowest level this year; Bank of Korea holds rates
Asia-Pacific markets are set for another day of losses ahead of the Bank of Korea's rate decision announcement later today. South Korea, which was one of the first Asian banks to pause its rate hikes, ...
HSBC Buys back Over 4.9M Shrs for $289M Ytd
Short selling $386.96M; Ratio 36.417% announced that it has repurchased a total of 4.9003 million shares in the U.K. and Hong Kong yesterday (17th), involving approximately HKD289 million in total.
Major Hong Kong Democratic Party Disbands Amid China Security Clampdown
The Civic Party, founded in 2006, had been a major democratic force in the financial hub that returned from British to Chinese rule in 1997, alongside the Democratic Party, performing strongly in ...
UPDATE 1-Tsingshan-backed Fox ESS completes over $145 mln pre-IPO round of capital raising
China's Tsingshan-backed new energy firm Fox ESS said on Friday it has completed a pre-IPO round of capital raising of more than 1 billion yuan ($145 million).
BOC HK Joins ‘e-HKD’ Pilot Program
BOC HONG KONG (02388.HK)'s vice chairman and chief executive Sun Yu said that BOCHK welcomes the commencement of the "e-HKD" Pilot Programme by the Hong Kong Monetary... BOC HONG KONG (02388.HK) ...
Huobi To Open Hong Kong Cryptocurrency Trading Service
Huobi revealed it is “actively preparing” to seek a license for its new Hong Kong cryptocurrency trading platform.
HSBC to Participate in 2 ‘e-HKD’ Pilot Programs
Luanne Lim, Hong Kong CEO of HSBC, said that more than 100 countries, accounting for over 95% of the world's GDP, are currently studying the development of some form of central bank digital currency.
China’s Greater Bay Area to lead sustainable finance, meet capital demands of decarbonisation with green bonds, loans
"Hong Kong has always been an international financial centre," said Kenneth Hui, executive director (external) of the Hong Kong Monetary Authority. "It can guide more international green funds to ...
Intelligent Group Limited Seeks Expansion After U.S. IPO
Intelligent Group Limited has filed to raise growth capital in a U.S. IPO. Click here to see our take on INTJ IPO.