City Hong Kong Financial News

Chinese property giant Evergrande resumed trading on the Hong Kong Stock Exchange on Tuesday, according to a statement on the bourse's website. «Trading in the shares of China Evergrande Group will be resumed at 9:00 am today,» the statement said.

The Hong Kong and Macao police have nabbed four additional suspects in connection with the JPEX cryptocurrency platform scam. 

By Philip Pullella

Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other suspected figures.

Shares are higher in Europe after a mixed day of sparse trading in Asia, where many markets were closed for public holidays

(Reuters) -Hong Kong's Cathay Pacific Airways (OTC:CPCAY) said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion.

Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as a sentiment gauge for where BTC price might go. 

The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended

LONDON (Reuters) — New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, the Global Financial Centres index showed on Thursday.

On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.

Shai Reshef, president and founder of the online, tuition-free University of the People, and Arizona State University professor and researcher Michelene Chi, who has developed a framework to improve how students learn, are the 2023 winners of The Yidan...

Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch.

The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has vowed to bring justice to people who fell victim to the JPEX crypto exchange fraud, local media has reported. In a press conference on Wednesday, Sept. 27, the security chief’s office said police are actively looking for the key operators behind the JPEX crypto exchange that orchestrated the country’s largest digital asset fraud.

HONG KONG (Reuters) — Shares of China Evergrande (HK:3333) were set to extend losses on Wednesday after sources told Reuters that some of its offshore creditors are planning to join a winding-up court petition filed against the embattled developer if it doesn't submit a new debt revamp plan by next month.

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

By Brenda Goh

Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday, in what researchers say is the largest crypto theft so far this year. Mixin, which lists its location on LinkedIn as Hong Kong, said the database of its network's cloud service provider was «attacked by hackers, resulting in the loss of some assets» and that «the funds involved are approximately US$200 million». Mixin describes itself as a network for transferring digital assets. It has one million users, according to its website. It said on X, formerly known as Twitter, that it had stopped allowing users to withdraw their funds from the network, but that transfers were not affected and that services will re-open once the vulnerabilities are fixed.

Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in Shanghai.

Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase its efforts to inform investors and remind them only to utilize platforms granted Securities and Futures Commission licenses. 

The JPEX scandal, regarded as potentially the largest financial fraud in Hong Kong's history, has not only harmed thousands of victims but has dealt a significant blow to retail trust in cryptocurrencies in the jurisdiction. 

international feature film award at the Oscars 2024 has begun. Most countries have selected their films as all the nominations are to be sent to the Academy of Motion Pictures Arts & Sciences by 5 pm Monday, October 2. These films must meet all the qualifying conditions between December 1, 2022, and October 31, 2023.