Hong Kong Financial News
06.02 / 05:23
Blockchain
Adoption
Asia
Bitcoin
All eyes on Asia — Crypto’s new chapter post-China
A fundamental trait of crypto is as an asset class that transcends jurisdictions. Yet, one of the key hubs driving adoption and innovation is Asia. Since the heady days of Korea’s Kimchi premium and Bitcoin (BTC) arbitrage opportunities, the region is playing a role in defining crypto’s development pathways and anchoring its future.
03.02 / 17:59
Blockchain
Digital
Mobile
IOC launches Beijing Olympics-themed mobile game with NFTs
The International Olympic Committee has become the latest organization to jump into the non-fungible token craze.
03.02 / 00:03
Blockchain
crimes
$5 wrench attacks appear to be on the rise in the crypto community
Normally, the only way to access one's crypto funds is through their private key, which, thanks to advances in cryptography, would take nothing less than an advanced futuristic quantum computer to decipher. That said, mafias and gangs have managed to think outside the box. Instead of wasting their efforts on breaking the underlying cryptography, they've turned their attention to targeting crypto owners, themselves.
31.01 / 09:45
business
Blockchain
Health
Coronavirus
Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines.
30.01 / 09:01
Blockchain
Police
Rug Pull
Cyber
Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces.
29.01 / 15:21
Action
Citigroup
Fine
Citigroup hit with fine over Asian stock trading misconduct
Hong Kong’s financial-markets regulator fined a unit of Citigroup and warned it would pursue action against some former staffers, after finding that some of the US bank’s stock traders misled investors over more than a decade.
28.01 / 19:55
UPS
stake
Elliott Management cuts Hong Kong Bank stake as activist battle ends
One of the longest-running shareholder activism battles in Asia is coming to an end.
28.01 / 15:44
Action
Citigroup
Fine
Citigroup hit with fine over Asian stock trading misconduct
Hong Kong’s financial-markets regulator fined a unit of Citigroup and warned it would pursue action against some former staffers, after finding that some of the US bank’s stock traders misled investors over more than a decade.
28.01 / 15:15
Citi
UK regulation ‘most favourable in the world’, City of London Corporation says
UK financial services firms have the world's most agreeable regulations, the City of London Corporation said, as new research suggests the City held onto its top spot for financial and professional services business for the second year in a row.
28.01 / 13:33
UPS
IPO
Shell
IPOs
China's new rules on overseas IPOs will apply to Hong Kong, securities regulator says
BEIJING — China's forthcoming rules on overseas IPOs will apply to Chinese companies that want to list in Hong Kong, the China Securities Regulatory Commission told CNBC on Friday.
27.01 / 15:47
Citi
UK regulation ‘most favourable in the world’, City of London Corporation says
UK financial services firms have the world's most agreeable regulations, the City of London Corporation said, as new research suggests the City held onto its top spot for financial and professional services business for the second year in a row.
27.01 / 12:55
UPS
Deal
Bain Capital taps Ropes & Gray London boss for legal team as Boots deal looms
Bain Capital has turned to Ropes & Gray London boss Will Rosen to strengthen its in-house legal team after its top lawyer in Europe moved to Asia.
26.01 / 17:11
UPS
Deal
Bain Capital taps Ropes & Gray London boss for legal team as Boots deal looms
Bain Capital has turned to Ropes & Gray London boss Will Rosen to strengthen its in-house legal team after its top lawyer in Europe moved to Asia.
26.01 / 13:41
UPS
Digital
coinbase
Bitcoin
Coinbase rival FTX U.S. valued at $8 billion as investors brace for 'crypto winter'
FTX U.S., the American affiliate of cryptocurrency exchange FTX, said Wednesday it has raised $400 million in its first external fundraising round.
26.01 / 12:57
Target
Digital
Cooper
Enterprise
BIS to Explore Potential Advantages of Defi on Small & Medium Enterprises in H.K.
As part of its research plans, the Bank for International Settlements (BIS) will explore whether decentralized finance (DeFi) technologies can enhance financing for small and medium enterprises in Hong Kong.
26.01 / 12:25
UPS
Bain Capital taps Ropes & Gray London boss for legal team as Boots buyout talk continues
Bain Capital has turned to Ropes & Gray London boss Will Rosen to strengthen its in-house legal team after its top lawyer in Europe moved to Asia.
26.01 / 09:29
IPO
JPMorgan
Action
Strategy
IPOs
Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech
BEIJING — Investors may have to think twice about whether to bet on Chinese tech start-ups as new regulations are imposed on mainland companies looking to go public in the U.S.
21.01 / 14:51
21.01 / 01:03
Ethereum
YouTube
Bitcoin
Crypto Stories: Vitalik Buterin talks creating Ethereum in previously unreleased 2014 interview
The latest episode of Cointelegraph's Crypto Stories featured never-before-heard audio from an exclusive interview with Vitalik Buterin, recorded at a conference in Hong Kong in 2014. In this animated short, viewers can learn about the origin story of Ethereum (ETH), the world'd second-largest cryptocurrency by market capitalization, straight from the founder himself.
20.01 / 13:43
Blockchain
Digital
Platform
IBM
Union Bank
services
Union Bank of the Philippines to Enhance Crypto Trading & Custody Services
Union Bank of the Philippines (UnionBank) plansto choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country's rapid adoption of digital tokens.
18.01 / 21:03
what's happening in Hong Kong
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