Hong Kong Financial News

16.01 / 13:25

markets Provident ETF Trade Arthur Hayes Bitcoin Spot ETFs Spot Bitcoin ETFs Present New Trading Opportunities Amid Global Price Swings: Arthur Hayes

Former BitMEX CEO Arthur Hayes believes the emergence of spot Bitcoin (BTC) exchange-traded funds (ETFs) would be a game-changer for traders worldwide.

16.01 / 13:20

People moves fixed income Boutique Vontobel appoints head of fixed income boutique as Lue-Fong retires

Andrew Jackson (pictured) was previously head of fixed income at Credit Suisse Asset Management.

16.01 / 13:09

markets UPS DOW economy Trade Stock market today: Asian shares sink as jitters over Chinese markets prompt heavy selling

Shares are lower in Europe and Asia, with Hong Kong's benchmark down more than 2% as jitters over China's outlook cast a shadow over regional markets

16.01 / 12:09

markets UPS Citi DISH love Celebrity performer NOT Celebrate CNY in Hong Kong Like a Local: Experience Little-Known Festive Traditions and Not-to-be-missed Events

With bustling flower markets, exciting city-wide events and beautiful festive displays galore staging throughout the entire festive period from day to night, Hong Kong is one of the Asian cities with the richest CNY ambience. Tourists looking to experience a celebration like no other should definitely pay a visit during Chinese New Year - and we can show you how to celebrate just like the locals do.#1 Tuck into a Poon Choi Feast for Being Perfect in Every Way Also known as a “basin meal,"poon choiused to be a rather under-the-radar dish, confined mostly to rural villages.

16.01 / 10:47

markets UPS Fighting Apple Celebrity show Apple Goes on the Offensive as iPhone Sales Slip in Its Biggest Overseas Market

Apple is offering rare discounts in China, including on its latest iPhones, in a bid to beat back growing competition in the high-end market from rivals. The tech giant is running a promotion from Thursday through Sunday in China in which it is cutting the price of iPhones by the equivalent of up to $70. Other products will be discounted by up to $110.

16.01 / 04:33

Web3 Crypto Exchange Hong Kong Licensed Crypto Exchange Hashkey Operator Raises $100M With $1.2B Valuation

In a recent funding round, HashKey Group, the operator of one of Hong Kong’s two licensed crypto exchanges, successfully raised close to $100 million with a valuation of over $1.2 billion.

16.01 / 03:39

markets Blockchain security Trade Schools Crypto firm HashKey secures $100 million funding, exceeds $1 billion valuation

HashKey Group said on Tuesday that it raised nearly $100 million after the completion of a Series A financing round, at a pre-money valuation exceeding $1.2 billion. HashKey said the newly raised capital will be used to strengthen its Web3 ecosystem, enhance product diversification of its licensed business in Hong Kong and support the Group's global development.

16.01 / 02:49

markets DOW WhatsApp Research Nikkei Trade Updates Indian stock market: 7 key things that changed for market overnight - Gift Nifty, oil prices to trade deficit

Sensex surged 759.49 points, or 1.05%, to end at 73,327.94, while the Nifty 50 ended 202.90 points, or 0.93%, higher at 22,097.45. “Q3 earning season had a positive start and is further expected to be propelled by the BFSI segment, where many heavyweights are likely to post their results this week. This will support the overall ongoing market momentum and stock-specific action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

16.01 / 00:07

SUN President reports prevention Investigations Former chairman of state-owned bank China Everbright Group arrested over suspected corruption

Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery

15.01 / 19:37

Research Simulation Universities information reports testing Schools Baidu denies report that its Ernie AI chatbot is linked to Chinese military research

Baidu on Monday refuted a newspaper report that said its artificial intelligence chatbot Ernie was linked to Chinese military research. Hong Kong newspaper South China Morning Post on Friday cited an academic paper from a university affiliated with the People's Liberation Army cyberwarfare division. The paper stated that the division had tested its artificial intelligence system on Baidu's Ernie and on artificial intelligence firm iFlyTek's Spark, both of which are language-based AI chatbots similar to ChatGPT.

15.01 / 13:26

markets UPS DOW economy reports fall Stock market today: Shares fall in Europe after gains in Asia. US markets are closed for a holiday

European markets have opened lower while Asian markets were mostly higher as the week got off to a mixed start

15.01 / 12:01

markets Reuters NVIDIA Research wellness Universities show Exclusive-China's military and government acquire Nvidia chips despite US ban

By Eduardo Baptista

15.01 / 10:45

markets Progressive Sustainability Election Nikkei show performer Asian stocks Asian stocks inch higher as rate-cut bets persist, Nikkei extends rally

Investing.com-- Most Asian stocks rose past early weakness on Monday as traders maintained bets that the Federal Reserve will cut interest rates early, with Japanese markets extending a rally to 34-year highs.

14.01 / 22:59

markets Progressive Election Trade President International Taiwan election a relief for world markets, concern for local investors

By Tom Westbrook and Ankur Banerjee

13.01 / 10:25

UPS economy Food pandemic Trade reports China's exports rise 2.3% in December amid uneven recovery, while consumer prices edged lower

China has reported that its exports grew slightly for a second consecutive month in December even as deflationary pressures continued

13.01 / 08:03

MET Reuters Election community rights International NOT Tibetan issues not in focus, but repression persists - exiled former leader

TAIPEI (Reuters) — The plight of Tibet has become less discussed internationally but repression continues and China is applying what it did there to other regions, a former head of the Tibetan government-in-exile said on Saturday.

13.01 / 03:57

markets UPS information reports Commentary NOT IT's not so bad: Dalal Street indices soar to fresh highs

information technology shares as investors judged the third-quarter earnings of sector leaders-TCS and Infosys-weren't as adverse as expected. The optimism inspired markets to overlook the escalating tensions in the Red Sea, which caused a jump in oil prices to $80 a barrel, and a hotter US consumer inflation report in December. The BSE Sensex gained 847.27 points, or 1.2%, to close at 72,568.45, off the record high of 72,720.96.

13.01 / 03:21

IPO BLOCK SEC security country reports rights Exclusive-Shein seeks China's permission for US IPO -sources

By Julie Zhu and Anirban Sen

12.01 / 15:25

markets UPS Death Bill country reports Thailand's new govt mulls to ban cannabis for recreational use, permits only for medical purposes

CNN. The newly appointed coalition government that came to power last year aimed to tighten the rules and only allow cannabis for medical use. The relaxed laws saw a lucrative cannabis industry catering to locals and foreigners alike boom across the Southeast Asian nation, according to CNN.

12.01 / 08:24

markets COST UPS Citi Provident 2024 Weak demand, tighter lenders: Hong Kong property developers face tough 2024

By Clare Jim

12.01 / 08:24

UPS Reuters economy show performer country Exclusive-China's Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say

By Xie Yu and Selena Li

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