Hong Kong

The Hong Kong securities business is pushing again in opposition to a plan that might tighten the online round crypto publicity inside conventional portfolios, arguing town dangers scaring off mainstream asset managers simply because it tries to construct a deeper digital-asset market. In a submission dated Tuesday, the Hong Kong Securities and Futures Professionals Association…

HashKey Holdings started trading in Hong Kong on Wednesday with an early pop that rapidly cooled, as buyers weighed the trade’s long run pitch towards a jittery crypto backdrop. The firm’s shares rose about 6% within the opening stretch, then gave again many of the transfer and dipped barely beneath the IPO value of HK$6.68…

Standard Chartered is betting on Hong Kong to anchor its international digital finance technique as it targets larger returns and prepares for a blockchain-powered future, in line with CEO Bill Winters. In a latest interview with the South China Morning Post, Winters praised town’s forward-thinking regulatory method, saying its openness to experimentation has created a…

Ant Group, the fintech powerhouse behind Alipay, has filed emblems in Hong Kong this yr for digital property, stablecoins, and blockchain, together with “ANTCOIN.” This, as many have speculated, is a sign to potential growth into Web3 regardless of Beijing’s recent regulatory warnings that pressured the corporate to pause its stablecoin issuance plans. The trademark…