#HONGKONG News

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MINISO Announces Change of Venue for Annual General Meeting on June 20, 2024

benzinga.com GUANGZHOU, China, May 23, 2024 /PRNewswire/ -- MINISO Group Holding Limited MNSO HKEX: 9896))) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering…

Global Bitcoin ETF Close To Stacking 1M BTC, Bullish For BTC Price?

coingape.com In a remarkable milestone for the crypto market, global Bitcoin ETFs are on the brink of amassing a colossal reserve of one million BTC. With the recent surge in U.S. Spot…

Lenovo 'optimistic' AI across product lineup will energize earnings

asia.nikkei.com HONG KONG -- Lenovo Group, the world's largest maker of personal computers by volume, is counting on demand for artificial intelligence powering an earnings recovery, as it…

Worldcoin ‘disappointed’ with Hong Kong ban as WLD drops 5%

cryptoslate.com The Worldcoin Foundation expressed disappointment over Hong Kong authorities’ decision to ban its data collection efforts due to alleged privacy violations, according to a…

ParknShop imports mainland goods as Hongkongers hunt for bargains in Shenzhen

scmp.com It comes at a time of slowing retail sales in Hong Kong. They fell 7 per cent in March from a year ago, marking the first decline since the border with mainland China…

Stock market today: Global shares are mixed, with China stocks down, after Wall St retreat

apnews.com Global shares were mixed on Thursday, with European markets gaining after most major Asian benchmarks declined, apart from in Tokyo. France's CAC 40 edged 0.2% higher to…

Simon Sadler: Blackpool’s block trade king

ft.com Segantii Capital boss was a favourite customer for Hong Kong banks but Citi and BofA have halted equity trading

China Evergrande EV Unit Told to Return $262m in Subsidies

asiafinancial.com China’s cash-starved local government bodies have sent a notice to the electric vehicle unit of debt-ridden China Evergrande, demanding it return 1.9 billion yuan ($262.42…

Bitcoin Price Prediction 23 May: BTC Struggles at the $70,000 Resistance

cryptonews.com Bitcoin Price Prediction Bitcoin (BTC) is currently navigating resistance around $70,000. Starting the week bullish, BTC peaked at $71,957, gaining 13% over the past seven…

Shipping Announces Board Structure

tipranks.com Shipping Company Limited (HK:3877) has released an update. CSSC (Hong Kong) Shipping Company Limited has announced the composition...

Nikkei Jumps on Nvidia Boost, Rate Bets Drag on Hang Seng

asiafinancial.com Asia’s major stock markets saw a day of mixed fortunes on Thursday as fading hopes of a turnaround in US interest rates, China-Taiwan tensions and better-than-expected…

Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application

cryptonews.com Gate.io’s Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region. In a…

Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale

cnbc.com Alibaba is operating in Suqian City, Jiangsu Province, China, on December 29, 2023. Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the…

Segantii founder Simon Sadler could face a longer sentence as Hong Kong insider trading case reportedly moves to a higher court

fortune.com The insider trading case against hedge fund Segantii Capital Management Ltd. and its founder Simon Sadler is moving to a higher Hong Kong court that can hand out longer…

Stocks catch a ride higher with Nvidia; investors cautious over rates

aol.com Global shares edged up on Thursday after results from AI poster-child Nvidia ignited a rally across tech stocks, although the prospect that interest rates could stay higher…

Ethereum ETF’s In Hong Kong Record Low Trade Volume Amid Ethereum Rally

coingape.com Ethereum ETFs in Hong Kong have recently experienced record low trade volumes despite a significant rally in Ethereum prices. This unexpected trend suggests a disconnect…

Suning boss burns billion-dollar fortune as soured bet on Inter Milan delivers blow to founder’s ‘Walmart plus Amazon of China’ dream

scmp.com Buying Inter Milan would “raise the standards of local football, and also raises Suning’s profile as it expands globally,” Zhang said when he announced the deal. Zhang…

NetEase Announces First Quarter 2024 Unaudited Financial Results

benzinga.com HANGZHOU, China, May 23, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, &#34, NetEase&#34, or the &#34, Company&#34, )), a leading internet and game services provider,…

Daily Open: Nvidia shares soar on AI boom

cnbc.com In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. This report is from today's CNBC Daily Open, our new, international…

Alibaba Is Considering Convertible Bond Sale, Following JD.com

finance.yahoo.com Alibaba Group Holding Ltd. is considering selling convertible bonds to raise about $5 billion, people familiar with the matter said, following a $1.75 billion offering by…

Is a Solana Spot ETF Imminent? Expert Insights

coinpedia.org The post Is a Solana Spot ETF Imminent? Expert Insights appeared first on Coinpedia Fintech News Amid regulatory anticipation, market analysts eagerly await the SEC’s…

Brian Kelly: Solana Could Be the Next Cryptocurrency ETF

coinpedia.org The post Brian Kelly: Solana Could Be the Next Cryptocurrency ETF appeared first on Coinpedia Fintech News On CNBC, BKCM CEO Brian Kelly mentioned that Solana might be the…

Hong Kong Ethereum ETF Records Low Activity

coinpedia.org The post Hong Kong Ethereum ETF Records Low Activity appeared first on Coinpedia Fintech News Although Ethereum has recently witnessed a surge in popularity, the Hong Kong…

China Evergrande’s EV unit told to repay US$268 million of government subsidies

scmp.com Evergrande NEV is in deep financial trouble, according to its latest annual report. Total comprehensive loss for 2023 stood at 12.3 billion yuan, while liabilities were 72.5…

China’s Lenovo extends revenue growth streak, beats expectations

aol.com May 23, 2024 at 12:21 AM HONG KONG (Reuters) -China's Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world's largest maker of…

Calls for Spot Solana ETF Grow After Ethereum Developments, Bitcoin Maxis Oppose

coingape.com Amid the strong and growing optimism surrounding the approval of the spot Ethereum ETF, the ball has started rolling demanding similar products for other altcoins like…

Nvidia Earnings Lifts US Futures, Asian Chipmakers: Markets Wrap

finance.yahoo.com US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial-intelligence…

Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance

news.bitcoin.com The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung…

HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile with clients, start-ups

scmp.com Although the acquisition was in the UK, it stirred interest among HSBC’s wealthy clients for potential investment opportunities with SVB’s start-up customers. Before its…

Man shocked as live rattlesnake mailed to him twice

newsweek.com A truck driver has reportedly declared himself to be the victim of an "attempted murder" after live rattlesnakes were mailed to him through the U.S. Postal Service in two…

Hong Kong stocks slide on patchy earnings, hawkish US Fed minutes

scmp.com E-commerce Alibaba retreated 4.2 per cent to HK$79.50 and JD.com lost 1.9 per cent to HK$126.60, after rival PDD reported a 131 per cent surge in revenue last quarter, a…

Worldcoin Project Halted: Hong Kong Privacy Commission Orders Cease Of Operations

bitcoinist.com Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam…

Compete online with players from around the world in Suika Game!

benzinga.com The Suika Game Multi-Player Mode Expansion Pack-Online is now available for Nintendo Switch! TOKYO, May 22, 2024 /PRNewswire/ -- Aladdin X Inc., a subsidiary of the…

Price Rally: Hong Kong’s Ethereum ETFs Jump 18% On Expectations Of US Approval

bitcoinist.com In a significant development for the recently approved Ethereum ETFs in Hong Kong, the ETF product launched by Chinese fund manager ChinaAMC has seen a significant increase…

Asian investors increasingly sceptical of ESG funds amid lack of clarity: AXA

scmp.com “Specifically, there is a lack of clarity over ESG funds being genuinely more sustainable,” the study said. “Across Asia, investor awareness and understanding of their ESG…

Indian stock market reaches $5 trillion landmark ahead of election results

indiatoday.in The Indian stock market on Tuesday reached a landmark after it surged to a market capitalisation of $5 trillion for the first time ever. The stock market created a wealth of…

UK Makes Major Move Into Crypto: First Exchange-Traded Products Set To Launch

bitcoinist.com The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the first set of crypto exchange-traded products (ETPs), marking a significant development in…

US House passes sweeping crypto FIT21 bill

dlnews.com The US House of Representatives voted to pass a landmark crypto bill as digital assets become a political football mere months ahead of the presidential election. The…

Questions swirl over the future of TikTok. Who could own it? How will the platform operate?

latimes.com TikTok on Wednesday faced a formidable threat to its business, with a new law signed by President Biden that could dramatically change the way the popular video app…

Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong

pymnts.com Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of…

China's Stock Rally Still Misses One Crucial Piece

zerohedge.com China's Stock Rally Still Misses One Crucial Piece By Henry Ren, Bloomberg markets live reporter and strategist Chinese stocks have rebounded yet local retail traders are…

Hong Kong Just Kicked Out Worldcoin Over Privacy Concerns

decrypt.co The Hong Kong government ordered Worldcoin to cease operations within its borders on Wednesday, accusing the identity project of skirting its privacy rules. The…

Kindred Spirit’s Anita Gou Talks Cannes Title ‘Locust’, Reimagining Ang Lee’s Classic ‘The Wedding Banquet’ & Why Company Invested In ‘The Picture Of Dorian…

deadline.com Anita Gou is no stranger to the festival circuit. Her L.A.-based Kindred Spirit banner saw a raft of its first projects debut at Sundance (think Lulu Wang’s…

Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million

cryptonews.com Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295…

London Stock Exchange to List Bitcoin ETPs Following FCA Approval

tftc.io The UK's Financial Conduct Authority (FCA) has approved the listing of Bitcoin exchange-traded products (ETPs) on the London Stock Exchange (LSE). Asset manager WisdomTree…

CPPIB earns 8% return, lowers real estate exposure after offices take hit

financialpost.com Canada Pension Plan Investment Board earned an eight per cent return in the fiscal year ended March, as double-digit gains in stocks, credit and private equity made up for…

‘Sheer terror’: Passengers describe turbulence-hit flight that put 20 in intensive care

bostonherald.com Passengers on the Singapore Airlines flight that descended sharply after hitting severe turbulence described the “sheer terror” of the aircraft shuddering, loose items…

‘Expats’ Showrunner Lulu Wang Created ‘A World of Women’ in Front of and Behind the Camera

thewrap.com When showrunner and filmmaker Lulu Wang was putting together her Prime Video series “Expats,” she assembled a largely female team to bring this adaptation to life. She…

Paramount Global and Korea’s CJ ENM Scale Back Strategic Partnership

variety.com Troubled Hollywood conglomerate Paramount Global is scaling back its wide-ranging partnership with Korean entertainment leader CJ ENM, Variety has learned. The deal was…

drops below $5 following Hong Kong’s ban

coinjournal.net Hong Kong authorities have order Worldcoin (WLD) to cease biometric data collection in the country. Despite regulatory setbacks, Worldcoin’s user base has grown to 10…

China sanctions defense-related US companies and executives over Russia, Taiwan

apnews.com China on Wednesday sanctioned 12 defense-related U.S. companies and 10 executives over arms sales to Taiwan and to retaliate earlier American sanctions on Chinese companies…

‘Sheer terror’: Passengers describe turbulence-hit plane that plummeted and put 20 in intensive care

bostonherald.com Passengers on the Singapore Airlines flight that plummeted after hitting severe turbulence described the “sheer terror” of the aircraft shuddering, loose items flying and…

Temu parent PDD tops Alibaba's market cap again on big earnings

asia.nikkei.com HONG KONG -- PDD Holdings, the parent of bargain shopping apps Pinduoduo and Temu, has again surpassed rival Alibaba Group Holding in market capitalization, becoming the…

Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says

coindesk.com None The regulator has been investigating Worldcoin since December and said it wants the company to cease operations. "The Privacy Commissioner has served an enforcement…

Why Sam Altman’s Worldcoin just got told to cease operations Hong Kong

dlnews.com Hong Kong authorities on Wednesday ordered the eyeball-scanning crypto startup Worldcoin to cease all operations in the region after a months-long investigation. The Hong…

Nvidia Is a Mainstay at AI Events This Spring

investing.com Nvidia (NASDAQ: ) is at it again. Around this time last year was forming around the AI darling, meaning they were participating in nearly every large tech and AI event…

Seven experts on what an Ethereum ETF nod means for crypto prices

dlnews.com Ethereum shot up this week amid a swing to optimism about US approval for exchange-traded funds that track the cryptocurrency. The reasoning behind the sudden U-turn is up…

NBA Finals Basketball Games to Screen Live on Imax in Hong Kong, Taiwan

variety.com The final matches of the NBA season will be screened live at selected Imax cinemas in Hong Kong and Taiwan from June 6. The screenings are the first time that Imax China,…

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