Hong Kong Financial News
06.01 / 15:13
business
Real Estate
Bitcoin
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum.
06.01 / 14:03
Ethereum
economics
Federal Reserve
Bitcoin
Drop
Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
06.01 / 05:17
NFT
Investments
security
BUG
Nifty News: Rarible fixes bug, real home and virtual twin auction, Mega City in The Sandbox
NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool.
05.01 / 18:55
Digital
CEO
Platform
Strategy
financing
strategies
TDX Strategies Raises US$2.5M in Series A Strategic Financing Round Led by Transcend Capital Partners
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
04.01 / 07:31
Platform
Bitcoin
analysts
Will Bitcoin Hit $100,000 This Year? What Analysts Say
Bitcoin traded at around $46,100 on Tuesday in Hong Kong.
29.12 / 09:01
Technology
Nature
Media
raid
Hong Kong police raid pro-democracy news outlet, arrest 6
Hong Kong police raided the office of an online pro-democracy news outlet on Wednesday after arresting six people for conspiracy to publish a seditious publication, the latest moves in a crackdown on dissent in the city.
23.12 / 23:05
Adoption
Gaming
Metaverse
Sandbox
PwC Hong Kong purchases land plot in The Sandbox
PwC Hong Kong, an international subsidiary of the global PricewaterhouseCoopers (PwC) organization, announced Thursday its emergence in the metaverse space with the acquisition of LAND in the popular world The Sandbox.
23.12 / 11:55
23.12 / 08:35
History
Hong Kong university removes Tiananmen massacre statue
A monument at a Hong Kong university that commemorates the 1989 Tiananmen Square massacre was removed by workers early Thursday over the objections of its creator from Denmark.
23.12 / 00:33
Technology
Hackers
Scams
phishing
compensation
Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund
On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord.
22.12 / 13:54
Citi
Cooper
Aware
Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
Crypto.com, the world’s fastest-growing cryptocurrency exchange headquartered in Hong Kong, announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.
16.12 / 13:19
Provident
CEO
CoinMarketCap
coinbase
Crypto.com Removes Data from CoinMarketCap after Prices go Haywire
Cryptocurrency data provider CoinMarketCap.com had a data failure on Tuesday night, causing many cryptocurrencies to show astronomical gains.
16.12 / 13:18
Provident
Digital
Platform
Bitcoin
Hong Kong Sees Stable Number of Crypto Kiosks, but Popularity Remains Questionable
Hong Kong has a stable number of cryptocurrency kiosks, which are also called automated teller machines (ATMs). However, their popularity remains questionable.
15.12 / 14:24
UPS
Consumption
China’s Economic Activity Slowed in November on Property Slump, Weak Consumption
HONG KONG—China’s economic activity decelerated in November amid a prolonged property slump and sluggish consumption recovery, adding urgency for Beijing to step up efforts to support the world’s second-largest economy.
14.12 / 04:07
Lowe's
FIVE
Baidu
NOT
Here are the 10 U.S.-listed Chinese stocks with the greatest American ownership — and Alibaba's not one of them
BEIJING — The U.S.-listed Chinese stocks with the greatest share of American ownership don't include many of the big names familiar to Wall Street, according to a Morgan Stanley report.
10.12 / 12:53
Provident
Digital
CEO
Platform
Virtual assets
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property due to high housing prices, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
10.12 / 11:47
IPO
NASDAQ
Fallout
Didi is delisting in New York. Here's what happens if you own a delisted stock
BEIJING — For Americans looking to play the China growth story, Didi's delisting from the U.S. shows the rising political risk of investing in U.S.-listed Chinese stocks.
09.12 / 18:25
COST
China’s Latest Challenge Is Engineering a Soft Landing for a Sputtering Economy
HONG KONG—Chinese leaders are trying to reverse a sharp growth slowdown without abandoning policies that triggered much of the weakness to begin with—a tricky task that could test Beijing’s ability to engineer a soft landing for the world’s No. 2 economy.
09.12 / 11:53
China’s Factory-Gate Inflation Softens in November
HONG KONG—China’s factory-gate inflation ebbed in November after hitting a 26-year high, which economists say will give policy makers more room for easing to bolster a slowing economy.
08.12 / 20:41
business
Stablecoin
Funding
Venture Capital
Hong Kong-based Chiron Partners launches $50M Terra fund
Hong Kong venture capital firm Chiron Partners has launched a new ecosystem fund dedicated to Terra (LUNA), opening the door to new innovations for the layer-one decentralized finance, or DeFi, protocol.
07.12 / 07:57
NFT
Metaverse
Auction
robotics
Sophia AI robot to be tokenized for Metaverse appearance
A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse project dubbed “Noah’s Ark.”
breaking news about Hong Kong
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