The value of the assets solicited pales in comparison to their United States counterparts, where spot Bitcoin ETFs attracted nearly $4 billion in assets under management during their first week of debut and $4.5 billion in volume on Jan. 12 alone, the first day of trading on Wall Street.
SocGen Hong Kong traders exit after unauthorised risky bets uncovered
Two Société Générale traders in Hong Kong left the group last year after the French bank discovered unauthorised derivatives trades that could have lost it money in a severe market downturn.
Hong Kong businesses shut shop as city struggles to revive post pandemic
When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the tourist and shopping district of Mong Kok was a bustling hub packed with stalls, street food and tourists.
Goldman Says Funds Likely Selling Japan Stocks to Buy Hong Kong
Global money managers may be starting to unwind their hugely popular long Japan, short Hong Kong equity trades due to the widening gap between valuations in the two markets, Goldman Sachs Group Inc. says.
Hong Kong transgender activist gets new male ID after yearslong legal battle
Transgender activist Henry Tse’s ID card dominated his world for the past seven years, the center of a lengthy court battle and a fight for recognition.
Hong Kong ETFs begin trading, issuers unfazed if US declares ETH a security
Exchange-traded fund issuers in Hong Kong are not concerned about the crypto crackdown in the United States which could result in regulators classifying Ether (ETH) as a security. Speaking at a press conference on April 29 on the eve of the launch of ...
How TikTok grew from a fun app for teens into a potential national security threat
TikTok has grown from a niche teen app into a global trendsetter. What's now in question is whether it will be around much longer and, if so, in what form?
Asia’s first spot bitcoin and ether ETFs gain in Hong Kong debut
Six spot bitcoin and ether exchange traded funds (ETFs) gained in their Hong Kong debut on Tuesday, with the three bitcoin ETFs climbing more than 3% in early trade, reflecting Asian investor ...
Hong Kong Exchange Open to Levered, Inverse Crypto ETF Products
Hong Kong’s stock exchange indicated the bourse is open to an expanded roster of crypto exchange-traded funds, as the city’s first spot-Bitcoin and Ether products go live.
Hong Kong is poised to be a bigger force for regional prosperity
Hong Kong is already a significant trade and investment partner to members of RCEP, the world’s largest trade bloc. After the city’s membership is approved, it can help to harmonise trade rules, ...
Spot Bitcoin ETFs Commence Trading in Hong Kong
A Hong Kong spot Bitcoin ETF issuer reportedly told WuBlockchain "the issuance scale of Hong Kong’s Bitcoin and Ethereum spot ETFs, which will be launched tomorrow at UTC+8, is expected to reach ...
Bitcoin, Ethereum spot ETFs start trading in Hong Kong with high expectations
Hong Kong's new Bitcoin and Ethereum ETFs are set to begin trading, with expectations to surpass the US's initial ETF scale and attract global investors.
Hong Kong Vies With US in Bitcoin ETF Market After Crypto’s Revival
A batch of exchange-traded funds investing directly in crypto will debut in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the ...
Hong Kong’s No 2 official calls for soft approach to instil patriotism among students
Chief Secretary Eric Chan says authorities and schools can use film culture, mega sports events and exchanges such as visits to aerospace facilities to carry out national education.