HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile with clients, start-ups
Just over a year after HSBC Holdings acquired the UK unit of Silicon Valley Bank (SVB) for £1 (US$1.27), wealthy...
archiveHong Kong
Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch
The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to commence trading on Tuesday, marking a significant milestone in...
Bitcoin (BTC) and Ether (ETH) ETFs Launch in Hong Kong Tuesday: Interview With Key Executives
In addition to the higher seed money, Zhu Haokang also took note of the availability of in-kind subscriptions and redemptions...
China’s cryptocurrency investors made gains of more than US$1 billion in 2023 despite sweeping government ban
Hong Kong cryptocurrency investors realised gains of US$250 million last year, according to Chainalysis. In 2021, they made US$1.3 billion.The...
Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent
BEIJING (AP) — Asian markets retreated Friday, with Hong Kong’s benchmark falling 2%, after a mixed batch of data on...
Hong Kong authorities arrest seven in US$1.8 billion money laundering case
HONG KONG: Hong Kong authorities said on Friday (Feb 16) they had arrested seven people suspected of being involved in...
Leaving China, long-time EU trade group chief says investors remain keen, but with more reservations
“It has been the most amazing journey,” the German executive spoke of his four decades in China, witnessing the country’s...
Singapore and Hong Kong’s crypto goals on track despite challenge from US Bitcoin ETFs
A decade in the making, crypto ETFs are seen as game-changers as investors need not buy or hold the digital...
Hong Kong savings safety net to expand by 60% to protect US$102,270 in event of bank failures
Hongkongers will soon enjoy protection for up to HK$800,000 (US$102,270) of bank deposits, up from the current HK$500,000, as a...
EU envoy slams China’s ‘obsession with national security’, questions economic rebound
“The increased obsession with national security can be seen everywhere, cameras everywhere with facial recognition. The need, and this is...
