City Hong Kong Financial News

23.03 / 08:09

Facebook Target Platform Strategy Tesla Tencent Time ad Tencent's online ad revenue grows for the first time in more than a year

BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing «video accounts» business.

20.03 / 16:07

Blockchain UPS Provident Platform Strategy RPG MixMarvel Is to Co-Host a Web3 Reception in Hong Kong

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

20.03 / 16:05

Blockchain UPS Provident VISA Enterprise Financial Over 80 crypto firms willing to enter Hong Kong, says Financial Secretary

Hong Kong has received interest from more than 80 mainland and foreign crypto companies to set up shop in the country as it works to establish itself as a premier Web3 hub.

20.03 / 13:41

Adoption More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?

Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance.

20.03 / 09:41

Adoption regulation Investments security Innovators Financial Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary

More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a leading hub for Web3.

20.03 / 09:13

UPS Citi Provident UBS SVB Bitcoin Deal Takeover banking system Asia's regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal

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17.03 / 12:49

Blockchain regulation Tokens Decentralization Assets Digital Asset Signum Digital scores approval to offer security tokens in Hong Kong

Signum Digital, a joint venture of Coinstreet and Somerley, has announced that it has received an approval-in-principle from the Hong Kong Securities and Futures Commission (SFC) for its security token offering (STO) and subscription platform.

07.03 / 19:07

Telegram Gaming TON Nazi Crypto scams tax breaks Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers

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

07.03 / 15:39

JD.com JD.com & Bank of China Join Mainland China-Hong Kong Digital Yuan Pilot

Major business players are joining the Hong Kong-Mainland China “cross-border” digital yuan pilot – including the e-commerce giant JD.com and the Bank of China.

07.03 / 14:23

regulation Scams Police Bitcoin Crypto scams Hong Kong’s losses to crypto scams doubled to $217M last year: Report

Some countries worldwide suffered bigger financial losses to cryptocurrency scams despite a massive bear market in 2022.

04.03 / 01:45

business Blockchain Adoption Binance Scams exchanges phishing Binance launches anti-scam campaign after Hong Kong pilot run

Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “Joint Anti-Scam Campaign,” was rolled out first in Hong Kong, and the company now intends to expand it into other jurisdictions.

02.03 / 15:37

UPS Citi Provident Digital China’s CBDC initiative gets cold reception from Hong Kong visitors

The city of Shenzhen, China’s southeastern metropolis that connects the mainland to Hong Kong, has begun to issue digital yuan hard wallets to Hong Kong tourists, but demand has fallen short of expectations thus far.

02.03 / 14:31

CBDC Adoption Bank of China reports NOT Hong Kong citizens not interested in digital yuan: Reports

The Chinese government’s beloved project of central bank digital currency (CBDC) has not sparked much enthusiasm in the citizens of Hong Kong. In the first four days since the “digital yuan” (also known as “e-CNY”) hard wallets became accessible to the islanders, only 625 Hongkongers had actually obtained them.

02.03 / 14:25

CBDC Adoption China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

Shenzhen, China started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow.

27.02 / 04:33

Lowe's Cooper Aware China Renaissance says its missing founder Bao Fan is cooperating with a government probe

BEIJING — Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance said in a filing Sunday.

23.02 / 04:17

business Government Web3 Funding exchanges Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3

Cryptocurrency exchange Gate.io is gearing up to launch a presence in Hong Kong following the local government's planned $6.4 million (50 million Hong Kong dollar) cash injection into Web3 as per the city’s 2023-24 budget.

22.02 / 12:55

UPS Provident Digital ETF Enterprise boost HK Hong Kong's Web3 Sector Gets HK$50 Million Boost in Annual Budget – Here's the Latest

In line with the Chinese city’s plans to establish itself as a leading crypto hub in Asia, Hong Kong’s authorities have unveiled plans to set aside HK$50 million (US$6.4 million) in the territory’s 2023-2024 budget with the aim to boost the capacities of its Web3 sector.

22.02 / 01:13

markets Ethereum Ether price NOT Ethereum derivatives data suggests $1,700 might not remain a resistance level for long

The price of Ether (ETH) rallied 18% between Feb. 13 and Feb. 16 but has since been range trading near the $1,700 level. Despite the recent price improvement, Ether derivatives metrics remain neutral-to-bullish ponder the investors the tighter regulatory environment and the potential impact of Ethereum’s Shanghai upgrade.

21.02 / 20:19

UPS Citi Provident Digital China reportedly approves crypto usage in Hong Kong, details inside

The island of Hong Kong seems to have the veiled approval of mainland China for its recent move to attract crypto investors to establish itself as a crypto hub. Recent reports suggest that Beijing is onboard with the move, which has helped to encourage mainland Chinese firms to return to the city.

21.02 / 19:07

Stablecoin Binance ETF Tesla DApp Bitcoin stocks and bonds Today in Crypto: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore to Hong Kong, Swarm Launches Tradable Stocks and Bonds On-chain

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

21.02 / 17:11

Blockchain UPS Ethereum Action Fighting Bitcoin Best Crypto to Buy Today 21 February – FGHT, CFX, CCHG, NEO, RIA

Markets are exploding this week on the back of a sensational Chinese narrative.

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