Hong Kong Financial News

04.03 / 13:49

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.

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.

03.03 / 13:17

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

02.03 / 18:47

UPS CBDC Digital Top Official Says US Treasury Assessing Viability of Digital Dollar – Here's the Latest

The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department's undersecretary for domestic finance, Nellie Liang has said.

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

regulation SEC coinbase Coinbase CEO Brian Armstrong Criticizes SEC’s Approach to Staking – Here's What He Said

Coinbase CEO Brian Armstrong has warned that a hostile regulatory approach by the Securities and Exchange Commission could drive the crypto industry outside of the United States.

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.

02.03 / 13:29

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

02.03 / 11:55

Ethereum ETH BTC Digital Progressive CoinMarketCap Bitcoin Bitcoin Price and Ethereum Prediction: Stagnant Trading Range Leaves Traders Wondering About the Next Move

Bitcoin (BTC), the world's largest cryptocurrency, has recovered some of its losses and gained modest traction around the $23,500 level as the crypto market regains impetus following continuous progress in the industry. Currently, Bitcoin and Ethereum are trading at $23,516.89 and $1,649.09, respectively.

01.03 / 18:59

Blockchain UPS FIVE Digital Platform goldman sachs Goldman Sachs’ Digital-Asset Team Ready to Expand with New Blockchain Platform – Is the Bear Market Over?

The major Wall Street investment bank Goldman Sachs has said it stands ready to bolster its digital asset team, as it promotes its new tokenization platform GS DAP for new users around the world.

01.03 / 17:37

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

01.03 / 14:39

Fewer American Companies See China as a Top Investment Priority

HONG KONG—Fewer U.S. companies consider China a top investment destination following disruptions caused by Beijing’s harsh anti-Covid measures and rising geopolitical tensions, according to an annual survey by a major American business group.

01.03 / 12:11

Manufacturing China’s Economy Seen Emerging From Zero-Covid Shadow

HONG KONG—Economic activity in China expanded sharply for a second straight month, in an early sign the country may be shaking off the impact of pandemic curbs sooner than expected.

01.03 / 09:13

business Blockchain goldman sachs Digital Asset Job open Goldman Sachs still open to crypto hires amid massive 3,200 staff cut

Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks.

01.03 / 05:33

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

28.02 / 21:37

business Blockchain OKX OKX seizes 2M USDT linked to market manipulation

According to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that it seized 2,014,381 Tether (USDT) from five accounts suspected of partaking in "malicious market manipulation," of the Celestial (CELT) token. As told by OKX, on Feb. 26, Celestial developers announced the creation of a new blockchain game. Shortly afterwards, the Celestial developers allegedly launched a social media campaign promoting the new game using OKX's branding, which the firm says was unauthorized. As a partial result of the activities, the CELT token nearly doubled in value within two days' time before falling over 50% in the past 24 hours to $0.002129 at the time of publication.

28.02 / 16:47

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

27.02 / 11:47

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

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.

26.02 / 19:09

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

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