City Hong Kong Financial News

10.02 / 18:17

Football WhatsApp Sporting Chinese officials call off Argentina games after Messi's absence

Argentina and the Ivory Coast in China has been called off by local authorities, marking the second cancellation of an Argentine match in China this week. The decision comes amidst controversy surrounding Lionel Messi's absence from a match in Hong Kong last Sunday. The Beijing Football Association announced on Saturday that it would not organize the friendly scheduled for March, stating that Beijing currently has no plans to host the match involving Lionel Messi.

09.02 / 22:13

SFC Hong Kong Crypto Hong Kong’s SFC Issues Warning on MEXC for Alleged Crypto Fraud

Hong Kong’s Securities and Futures Commission warned the public of an allegedly fraudulent crypto exchange today.

09.02 / 18:51

Target Digital security stage voice Videos Company out $35M after scammers stage video call with deepfake CFO, coworkers

A multinational firm in Hong Kong is out 200 million Hong Kong dollars (around $34.5 million Canadian) after a financial worker at the company was targeted by scammers using artificial intelligence, culminating in a phony video conference call with numerous deepfake colleagues.

09.02 / 18:23

markets UPS Citi security economy Trade reports The financier turning China’s noodle joints and karaoke bars into a data gold mine

When China started rolling back its zero-COVID policy, the early official numbers on the disease’s spread were so low that they were publicly ridiculed. But on a screen in his Hong Kong office in December 2022, Charles Li could see signs that more people were becoming ill.

06.02 / 17:47

UPS Platform security Software information Videos Zoom woes: ‘Are you real?’ will soon replace ‘You’re on mute’

Is the boss who’s giving you an order real or just realistic? Deepfakes are taking Zoom calls to another level of awkwardness, making us question whether our co-workers are genuine. A finance worker in Hong Kong transferred more than $25 million to scammers after they posed as his chief financial officer and other colleagues on a video conference call, marking perhaps the biggest known corporate fraud using deepfake technology to date. The worker had been suspicious about an email requesting a secret transaction, but the scammers looked and sounded so convincing on the call that he sent the money.

29.01 / 09:09

Digital ETF security Bitcoin spot bitcoin ETF Hong Kong Crypto Scandals asset manager Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong

The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26.

29.01 / 04:53

markets UPS FIVE economy MSCI country 2020 As China’s markets suffer, what alternatives do investors have?

foreign investors in China are most worried by the country’s souring relations with the West. Others fret about the unprecedented slump in its property market. Many are simply tired of losing money.

29.01 / 03:43

markets Analysis Deloitte Trade Experts Courts Investigations Explainer-What happens next after China Evergrande ordered to liquidate?

By Clare Jim and Scott Murdoch

29.01 / 03:43

UPS security economy Trade country Courts Investigations Worsening crisis at Evergrande, world's most indebted developer

(Reuters) — A Hong Kong court ordered the liquidation of China Evergrande (HK:3333) Group on Monday.

29.01 / 02:59

markets UPS Citi Progressive security Courts Financial China Evergrande liquidation sends shockwaves through financial markets

China Evergrande, China Evergrande New Energy Vehicle Group, and Evergrande Property Services was halted. The benchmark Hang Seng Index was up 1.2 percent.

29.01 / 02:45

markets security CME Nikkei Trade blues Asian stocks China fuels Asian stocks rally, oil climbs on Red Sea worries

By Kevin Buckland

29.01 / 02:45

markets UPS Ripple security Trade Courts China Evergrande ordered to liquidate by Hong Kong court

(Reuters) — A Hong Kong court on Monday ordered the liquidation of China Evergrande (HK:3333) Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the deepening crisis.

29.01 / 00:30

markets Reuters economy Justice reports Courts Investigations Embattled China Evergrande back in court for liquidation hearing

By Clare Jim

26.01 / 14:15

Chainlink Arbitrum Tiger Brokers Opens Door for Crypto Trading in Hong Kong + More Crypto News

Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

26.01 / 14:15

Altcoins Token Financial Hong Kong Financial Watchdog Cautions Against Floki, TokenFi Staking Schemes

On Friday, Hong Kong’s securities regulator cautioned investors against “suspicious” staking schemes tied to Floki and TokenFi.

26.01 / 01:41

Digital Cooper Progressive reports Courts Chinese Central Bank to Expand Digital Yuan Pilot in Hong Kong

The central People’s Bank of China says it plans to expand its “cross-border” digital yuan pilot in Hong Kong.

25.01 / 14:47

BitMEX Bitcoin Underground Chinese Crypto Market Thriving + More Crypto News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news.

25.01 / 14:25

markets UPS Tesla Nikkei performer track reports Asian stocks Asian stocks rise on China stimulus cheer; Nikkei sees more profit-taking

Investing.com-- Most Asian stocks rose on Thursday, with Chinese markets extending a rebound after the government announced more monetary stimulus measures, while Japanese shares lagged as mixed cues from the Bank of Japan spurred more profit-taking.

25.01 / 14:04

Crypto Trading Chinese Crypto Market Recorded $86.4B in Raw Transaction Volume in a Year, Eclipsing Hong Kong

In the face of China’s economic downturn and a sluggish stock market, Chinese investors are turning to the crypto market as a safer alternative to traditional investments, despite the government’s crypto ban.

25.01 / 11:53

markets Provident BTG show performer Latin reports Emerging markets stocks bolstered by stimulus talks

Emerging-market stocks gained Tuesday as shares in Hong Kong rebounded from a 14-month low on speculation of a new stimulus package in China, while currencies pared earlier losses.

25.01 / 11:05

UPS Digital Platform security Crypto regulations Trade Bixin Applies for Crypto Exchange License With Hong Kong SFC

Virtual asset trading platform Bixin has applied for a virtual asset trading platform license with Hong Kong Securities Futures Commission. So far, 13 crypto firms have applied for the similar license with the Hong Kong regulator.

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