The current value of the CCI is 20. This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago. HANG SENG INDEX closed up 436.311 at 25,416.000. Volume was 18% above average (n... ( read original story ...)
Cryptocurrency rules to be unveiled by SFC as Hong Kong aims to become major trading hub
Hong Kong’s financial watchdog will today unveil a comprehensive set of regulations governing cryptocurrencies in a move that could help make the city a major trading centre for virtual assets. The ne... ( read original story ...)
Hong Kong embraces crypto with UK-style ‘sandbox’ to protect startups from regulatory burdens
Hong Kong is proposing a regulatory "sandbox" — a space for firms to innovate without regulatory burdens, Reuters reports. The move echoes a 2016 program by the UK's financial regulator, which ... ( read original story ...)
Hong Kong Reveals Regulatory Framework for Crypto Exchanges, Funds
The Hong Kong Securities and Futures Commission (SFC) released a statement today stipulating the regulatory standards that would define the trajectory of virtual assets portfolio managers and fund ... ( read original story ...)
Showcasing Startup Ecosystems of Hong Kong and India
*Depart Island Shangri La-Hotel by Private Bus at 9:30 /Depart HKSTP at 15:30 for Island Shangri La-Hotel Asia is fast becoming an innovation, technology and entrepreneurship hub, witnessing a thrivin... ( read original story ...)
Social e-commerce startup Goxip raises new funding led by Convoy
Goxip, a Hong Kong-based social e-commerce startup, has raised US$1.4 million in a new funding round led by local financial advisory services firm Convoy, according to an announcement. Previous backer... ( read original story ...)
Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial
The Hong Kong Stock Exchange (HKEX) has teamed up with distributed ledger startup Digital Asset to develop a blockchain platform for post-trade processing. The two firms are exploring the development ... ( read original story ...)
Hong Kong launches national trade finance platform on blockchain
Hong Kong has launched its blockchain-based trade finance platform, aimed at digitising open account transactions and reducing fraud. eTradeConnect was unveiled today at the Hong Kong Fintech Week. It ... ( read original story ...)
Hong Kong Reveals Crypto Rules in Push to Tame Wild Market
What the World’s Governments Are Saying About Cryptocurrencies The SFC’s move is good news for the Hong Kong crypto industry though this will not be a light touch regime, said Urszula McCormack, Hong ... ( read original story ...)
Lawmaker takes loan at 18pc interest to buy Hong Kong property
Fox Hu, Shawna Kwan and Benjamin Robertson Just how attractive is Hong Kong property? A recent stock exchange filing shows that some people will continue to pay up for the chance to buy in. Hong Kong ... ( read original story ...)
Hong Kong climbs to No 4 on World Bank’s list of easiest places to do business
Hong Kong rose one place to fourth in the World Bank’s latest ranking of the easiest places to do business, while mainland China shot up 32 places to 46th. For three years in a row, New Zealand topped ... ( read original story ...)
Hong Kong securities regulator to propose ‘sandbox’ for crypto exchanges
HONG KONG (Reuters) - Hong Kong’s Securities and Futures Commission (SFC) will propose a regulatory regime known as a “sandbox” for crypto exchanges, its chief Ashley Alder said on Thursday. ( read original story ...)
Hong Kong wuxia legend Louis Cha battled liver cancer and dementia in twilight years, friend says
Tributes poured in from Hong Kong society and around the world following the news of Cha’s death. Chief Executive Carrie Lam Cheng Yuet-ngor issued a statement while on a trip in Japan expressing her ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) economy’s factories slows amid ongoing US-China trade war
Hong Kong and China markets both ended higher on Wednesday, shrugging off China’s worse-than-expected reading for manufacturing activity for October. The Hang Seng Index rose 1.6 per cent, or 394.16 p... ( read original story ...)