Hong Kong Financial News

17.03 / 19:21

Ethereum SEC Gaming Ban Legal Financial Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops Hacker from Stealing ETH 2,900

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

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.

16.03 / 15:13

UPS Lowe's Microsoft CEO Enterprise Baidu Drop week Baidu shares drop to 8-week lows after company reveals ChatGPT rival

BEIJING — Chinese tech company Baidu on Thursday gave the public a peek at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.

15.03 / 13:03

business Kucoin Stablecoin Altcoin Funding Chinese yuan KuCoin leads $10M funding for Chinese yuan stablecoin issuer

The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer.

14.03 / 03:35

Career Strategy Hedge fund Marshall Wace names Amit Rajpal as partner

Marshall Wace has named Hong Kong-based portfolio manager Amit Rajpal as a partner in the business.

10.03 / 11:51

UPS Reuters Williams CEO Puzzle Adidas Consumer spending in China isn't surging back yet, companies say

BEIJING — China has yet to see a strong rebound in consumer spending, according to major companies.

10.03 / 04:01

recovery Chinese Exports Pull Back Again, Hampering Post-Covid Recovery

HONG KONG—The export engine that propelled China’s recovery through much of the pandemic sputtered to start the year, complicating Beijing’s efforts to juice an economy that is still reeling from three years of stringent “zero-Covid” restrictions.

09.03 / 16:15

Lowe's recovery Low China’s Inflation Rate Slows to One-Year Low, Casting Doubt on Recovery

HONG KONG—Inflationary pressures in the world’s second-largest economy eased more than expected in February after a post-reopening spike, a sign of the limited boost from the lifting of strict “zero Covid” curbs for domestic demand.

09.03 / 06:25

recovery Chinese Exports Pull Back Again, Hampering Post-Covid Recovery

09.03 / 01:25

regulation legislation Parliamentary Committee committee FCA officials tell UK parliamentary committee crypto regulation is unavoidable

Officials of the United Kingdom’s Financial Conduct Authority (FCA) appeared before the House of Commons’ Treasury Committee on March 8 to discuss the agency’s work. Among the issues raised was cryptocurrency regulation, which the officials approached with a clear lack of enthusiasm.

08.03 / 15:39

recovery Chinese Exports Pull Back Again, Hampering Post-Covid Recovery

08.03 / 15:11

Binance NFT Polygon Marketplace network Polygon Network Support Binance NFT adds Polygon network support to its marketplace

Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace.

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.

07.03 / 11:15

recovery Chinese Exports Pull Back Again, Hampering Post-Covid Recovery

06.03 / 17:15

business regulation lending Court creditors Babel wants to repay creditors via special ‘recovery coins’: Report

Babel Finance, one of cryptocurrency lending firms shaken by the bear market of 2022, is exploring new restructuring opportunities involving minting a new token.

06.03 / 14:07

UPS recovery Covid-Era Savings Are Crucial to China’s Economic Recovery

HONG KONG—The strength of China’s economic rebound this year largely hinges on one uncertainty: whether families and large companies are willing to draw down the pile of cash they built up since the start of Covid-19.

06.03 / 11:25

Target China Sets Conservative Growth Target as Challenges Loom

HONG KONG—China unveiled its lowest growth target in more than a quarter-century as Beijing faces challenges in the domestic and global economy following its emergence from three years of strict Covid-19 measures.

05.03 / 18:47

Binance BNB sides with bulls as Binance adopts safety measures to combat DeFi hacks

The world’s largest cryptocurrency exchange, Binance was at the center of a sensational $570 million hack in October last year.

05.03 / 01:53

UPS recovery Covid-Era Savings Are Crucial to China’s Economic Recovery

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