Kong

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Hong Kong court has ordered China Evergrande to be wound up, opening a new and unpredictable phase in the collapse…

In a groundbreaking development for the crypto sector in Hong Kong, Harvest Fund Hong Kong, a prominent player among China’s fund companies, has taken a huge step by submitting an application for a Bitcoin spot Exchange Traded Fund…

The Hong Kong Securities and Futures Commission (SFC) has issued a stern warning to the public about two staking products named the “Floki Staking Program” and the “TokenFi Staking Program.” Both staking products, which the…

Hong Kong has issued a warning regarding two suspicious investment offerings named "Floki Staking Program" and "TokenFi Staking Program". These programs, enticing investors with promises of high annual returns ranging from 30% to over 100%,…

© Reuters HONG KONG - Bank of America has downsized its investment banking division in Hong Kong, parting ways with senior staff including Winnie Ng and Jessica Li. This move comes amidst a substantial decline in revenue and tough…

© Reuters. FILE PHOTO: A general view of the construction site for housing buildings in Hong Kong, China October 24, 2023. REUTERS/Tyrone Siu/File Photo By Clare Jim HONG KONG (Reuters) -Hong Kong's property companies face a squeeze…

The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia's financial center. New guidelines…

Hong Kong’s financial authorities have initiated a public consultation to formulate a comprehensive crypto-related regulatory framework. The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB)…

Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.  As the curtain draws nearer towards the end of 2023, Hong Kong has emerged as a significant player in…

Regarding custody arrangements, the SFC emphasizes that the fund’s trustee or custodian can delegate its crypto custody function solely to an SFC-licensed VATP or entities meeting the crypto custody standards set forth by the HKMA. Hong…