Hong Kong Financial News

18.04 / 17:19

Citi restrictions recovery China’s Covid-19 Restrictions Threaten Economic Recovery

HONG KONG—China’s severe Covid-19 restrictions, which for two years aided the country’s pandemic rebound by keeping the virus outside its borders, are now emerging as the largest threat to its growth.

15.04 / 15:15

markets NASDAQ Cardano Interest rates Drop Cardano price Cardano price risks 30% drop in Q2 despite a 'major' hard fork ahead

Cardano (ADA) price risks undergoing a severe correction in the next few months despite touting its blockchain network's bolstering growth and a "major" hard fork event in June.

13.04 / 16:21

Citi Citigroup Citi doubles down on Asia Pacific wealth drive with new appointment

Citigroup has named a new head of wealth management for Asia Pacific, as the New York-based bank continues its strategic pivot toward serving affluent clients in the region.

13.04 / 12:45

Blockchain UPS Digital SFC Hong Kong's MaiCapital Wins SFC Approval to Fully Manage Virtual Asset Portfolios

Hong Kong-based MaiCapital Limited announced Tuesday that it has secured approval from the local Securities and Futures Commission (SFC) to fully manage virtual assets portfolios.

12.04 / 12:35

Platform HSBC Adventure Lost Hong Kong-Based LOST Launches World's 1st Escape Room in Metaverse

Hong Kong-based LOST has launched the world’s first escape room in the metaverse.

12.04 / 09:39

Citi Citigroup Citi doubles down on Asia Pacific wealth drive with new appointment

Citigroup has named a new head of wealth management for Asia Pacific, as the New York-based bank continues its strategic pivot toward serving affluent clients in the region.

11.04 / 18:15

Technology Adoption Bitcoin Crypto seen as the ‘future of money’ in inflation-mired countries

Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.”

11.04 / 18:01

cryptocurrency security Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance

Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.

11.04 / 17:49

markets stocks Federal Reserve Bitcoin Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June

Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000.

11.04 / 12:29

Digital Platform Financial Hong Kong's Ex-Financial Secretary Joins Crypto Firm StashAway as Advisor

Hong Kong’s former financial secretary has become an advisor of a Singapore-based digital wealth firm and has planned to give away a portion of his soon-to-be issued non-fungible tokens (NFTs) to attract new clients, according to a report by Bloomberg.

11.04 / 12:29

BTC FIVE Strategy Bitcoin Crypto Market Witnesses Increase in Women Users: Report

The cryptocurrency market is witnessing an increase in women users, according to a report from BTC Markets.

11.04 / 04:51

cryptocurrency World News Bitcoin Bitcoin drops below key technical mark as rate concerns mount

Bitcoin briefly dropped below its 50-day moving average, sliding back further into the range in which it has traded this year.

11.04 / 04:15

Hong Kong won’t appeal ex-JPMorgan banker bribery acquittal

The Hong Kong government won’t appeal the acquittal of an ex-JPMorgan banker accused of bribery after offering a job to the son of a client.

09.04 / 02:43

Blockchain defi DLT Applied Blockchain Inc files for $60M IPO

UK-based blockchain infrastructure firmApplied Blockchain has filed an initial public offering (IPO) application on Apr. 8 to the United States Securities and Exchange Commission to issue 3,236,245 shares of common stock onto the Nasdaq Global Select Market with the ticker symbol APLD.

08.04 / 18:09

Crime Kraken services UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News

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

08.04 / 15:41

Foreigners Pull Record $15 Billion From Chinese Bonds

Foreign investors cut their holdings of Chinese bonds by more than $15 billion in March, in a record monthly retreat from the world’s second-largest bond market.

08.04 / 13:25

Covid compromise: Would you tolerate snoring co-workers or brush your teeth next to the boss?

HONG KONG — The Covid-19 pandemic forced many people to learn to work from home. In China’s financial centre, it is now the opposite challenge: learning to live — round the clock — at the office.

07.04 / 14:19

Covid compromise: Would you tolerate snoring co-workers or brush your teeth next to the boss?

07.04 / 13:39

business Ethereum PayPal Bitcoin Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.

06.04 / 23:17

Lowe's Binance Platform Bitcoin Low Binance.US Review 2022: Low Fees, But Investors Should Take a Pass

No matter where you buy it, cryptocurrency is a highly volatile, speculative investment. Only invest in crypto what you’re prepared to lose, and make sure you have other financial priorities in place first: save money in an emergency fund, contribute to retirement savings, and pay off any high-interest debt balances.

06.04 / 16:29

business Adoption Asia HSBC debuts metaverse investment fund in Asia: Report

Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports.

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