#HONGKONG News

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Journey to RE/BiRTH: How Re/CASETiFY™ Has Given New Life to 84 Tons of Old Phone Cases

benzinga.com Tech accessory brand CASETiFY leads the industry's sustainability efforts by truly giving new life to any worn out accessory through upcycling and creative art…

Will ‘Shōgun’ Get A Season Two?

vanityfair.com Like many limited series before it, Shōgun, FX's epic series set in 17th century Japan, was originally intended to be just a single season. But as Shōgun's 10th and final…

Amazon Sets 2024 Prime Experience Emmy FYC Event; ‘Fallout’, ‘Expats’, ‘Mr. & Mrs. Smith’ Among Featured Shows

deadline.com Prime Experience, Prime Video’s annual Emmy FYC activation, is back for its 2024 edition. Held at a new venue, NYA West, across the street from last year’s location, the…

After crypto ETF movement in Hong Kong, other Asia regulators could act

blockworks.co It appears ever more likely that fund issuers will launch crypto ETFs in Hong Kong very soon. This move could catalyze acceptance of such funds elsewhere, with some…

America’s economy is booming. So why are bosses worried?

economist.com America’s stockmarket is on a tear. Over the past three months the S&p 500 index of large companies has soared by nearly 15%, reaching a record high (see chart 1). Recent…

Can Arc’teryx’s owner revive Chinese IPOs in America?

economist.com Foreign acquisitions by Chinese buyers have a lousy reputation. The takeover of PizzaExpress, a British restaurant chain, by Hony Capital, a Chinese private-equity firm,…

Russia outsmarts Western sanctions

economist.com Nazem Ahmad, an art collector and financier, who owns work by Andy Warhol and Pablo Picasso, has been under American sanctions since 2019. That may sound like a problem, but…

China’s stockmarket nightmare is nowhere near over

economist.com Running China’s securities watchdog is a perilous job. A market rout can end your career, or worse. On February 7th, after weeks of stockmarket instability, Yi Huiman, the…

What Donald Trump can learn from the Big Mac index

economist.com Little is more symbolic of globalisation than a McDonald’s hamburger. The American fast-food chain opened its first Chinese branch in 1990. The outlet was in Shenzhen, a…

As China’s markets suffer, what alternatives do investors have?

economist.com Some foreign investors in China are most worried by the country’s souring relations with the West. Others fret about the unprecedented slump in its property market. Many are…

A guide to the Chinese Communist Party’s economic jargon

economist.com A new Communist Party slogan was born on January 9th. The phrase, which appeared on the front page of the People’s Daily, a party mouthpiece, defies easy interpretation. A…

PwC Probed For ‘Enabling Evergrande Misconduct For Years’

asiafinancial.com British accounting firm PricewaterhouseCoopers is under investigation in Hong Kong for allegedly overlooking misconduct by collapsed developer China Evergrande for more than…

Bloomberg’s Cortez moving to Washington

talkingbiznews.com Bloomberg News global health reporter Michelle Fay Cortez is moving to Washington after spending the last three years in Asia. She was an editor on the health and consumer…

Europe’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA

coinspeaker.com Coinspeaker Europe’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA A few major banks in Europe are now making efforts to enter the crypto sector following…

IBN Announces Latest Episode of The Bell2Bell Podcast featuring Hank Wang, CEO of SUIC Worldwide Holdings Ltd

benzinga.com LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community,…

Bitcoin Market Dynamics Still Positive Post-Halving

newsbtc.com In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures…

Stock market today: Wall Street adds to its hot start to the week

abcnews.go.com Stocks are ticking higher on Wall Street and adding to their hot start to the week NEW YORK -- U.S. stocks are ticking higher Tuesday and adding to their hot start to the…

Tron Founder Justin Sun Buys $1B In ETH, A Price Recovery Ahead?

coingape.com The Ethereum market experiences a seismic shift as a popular figure in the digital asset space, Tron founder Justin Sun makes headlines with his staggering $1 billion ETH…

Hong Kong Stocks: Li Ning Shares Gain on Mixed Q1 Update

tipranks.com In major news on Hong Kong stocks, Li Ning Co. Limited (HK:2331) shares gained 5.71% on Tuesday, after the company released its Q1 update for FY24,...

How 9 gangs and Mafias actually work

businessinsider.com Tyrone White was a member of the 65 Menlo Gangster faction of the Crips gang in South Central Los Angeles during the late '80s and '90s, witnessing police brutality and the…

Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO

aol.com Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market debut Tuesday, tumbling as much as 38% from their listing price. The company, also…

Hong Kong accounting industry grows as ESG, Greater Bay Area opportunities draw young professionals: HKICPA president

scmp.com This is despite a drought of initial public offerings (IPOs) in recent years, because young people are attracted by opportunities in environmental, social, and governance…

Hong Kong’s market depth, China proximity highlighted at Apec business summit

scmp.com “We’re still very positive about the overall business opportunities in Hong Kong [and] despite the [economic] slowdown and the structural challenges that we are facing, we…

Bitcoin Price Briefly Hits $67,200 as Bitfinex’s Analyst Forecasts Further Growth

coinspeaker.com Coinspeaker Bitcoin Price Briefly Hits $67,200 as Bitfinex’s Analyst Forecasts Further Growth After closing last week on a bullish Doji candlestick following the halving…

Binance Loses Global Crypto Trading Market Share as Regulations and Competition Tighten

coinspeaker.com Coinspeaker Binance Loses Global Crypto Trading Market Share as Regulations and Competition Tighten Major cryptocurrency exchange Binance is losing its market share in…

Come to Hong Kong, we have ‘good conditions and advantages’ for hydrogen development, Towngas executive says

scmp.com “[Hong Kong’s uniqueness] is that we have hydrogen, hydrogen applications and a lot of end users,” he said. “Hong Kong has good conditions and advantages for hydrogen…

Huawei Takes Another Bite Out of Apple’s Market Share in China

asiafinancial.com A slew of new smartphone launches from Chinese technology giant Huawei weighed on Apple in the first quarter of the year, with the iPhone-maker seeing its worst performance…

This strategist says ETFs are bad for Bitcoin: ‘I’m very worried’

dlnews.com The Wall Street creep puts Bitcoin at risk of losing its soul, according to Jim Bianco, president of Bianco Research. Rather than realising founder Satoshi Nakamoto’s vision…

Superfakes: Copycat manufacturers are becoming increasingly skilled at producing knock-off designer handbags

abcnews.go.com Counterfeit purses have been flooding the market for several decades. Counterfeit luxury handbags have become a social media phenomenon. Instead of cheaply made knockoffs,…

Victory Securities Unveils Next Big Thing In Spot Bitcoin & Ethereum ETF

coingape.com Hong Kong’s financial landscape sees a groundbreaking shift as Victory Securities unveils pioneering updates to its Spot Bitcoin and Ethereum ETF. Meanwhile, the move,…

HUYA Inc. to Report First Quarter 2024 Financial Results on Monday, May 13, 2024

benzinga.com Earnings Webinar Scheduled for 8:00 a.m. ET on May 13, 2024- GUANGZHOU, China, April 23, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") HUYA, a leading game live…

Goldman Sachs, UBS forecast lift for Chinese stocks from market reforms

scmp.com Meanwhile, UBS raised its rating on the MSCI China Index and Hong Kong stocks to overweight, citing earnings resilience and policy support. Valuations for the yuan-traded…

U.S.-China relations 'stable but fragile,' AmCham chief says

asia.nikkei.com HONG KONG -- U.S.-China relations are "stable but fragile," the American Chamber of Commerce in China said Tuesday, as it released its annual white paper on business…

Hang Seng Boosted By Wall St Tech, Weak Yen Lifts Nikkei

asiafinancial.com Asia’s major stock indexes advanced on Tuesday as a tech-led Wall Street rally buoyed the mood across the region. Investors were betting on earnings reports due out from US…

Chinese bubble-tea maker Chabaidao sinks in worst Hong Kong debut in 6 years

scmp.com Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in biggest IPO of the year Sichuan Baicha Baidao Industrial, which owns and…

China tea chain ChaPanda sinks in Hong Kong IPO as market sours

asia.nikkei.com HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda, made a disappointing debut on the Hong Kong market on Tuesday, casting a shadow on…

Swiss Bitcoiners Renew Efforts To Orange-Pill The Country's Central Bank

zerohedge.com Swiss Bitcoiners Renew Efforts To Orange-Pill The Country's Central Bank Authored by Brayden Lindrea via CoinTelegraph.com, Several Swiss-based Bitcoiners are renewing…

DIDWW expands its Emergency Calling services to the Czech Republic, Switzerland and Hong Kong

benzinga.com DUBLIN, Ireland, April 23, 2024 (GLOBE NEWSWIRE) -- , a leading global telecoms provider specializing in two-way voice and SMS communications, has announced the latest…

Self-Regulatory Crypto Framework Proposed in Hong Kong

bitdegree.org The Hong Kong Securities and Futures Professionals Association (HKSFPA) has put forward a proposal for the city's crypto firms to establish independent self-regulatory…

Bubble tea bust: Shares in bubble-tea maker Chabaidao plunge over 38% in Hong Kong’s biggest IPO of 2024

fortune.com Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co. plunged more than 38% in its trading debut in Hong Kong, the latest setback for the city as it attempts to…

Strong Dollar False Fears Are Back, and Overdone

fisherinvestments.com Whatever the dollar is doing lately, you can be sure many pundits don’t like it. When it is weak, people hate it—it makes America import inflation. And when it is strong,…

Asia markets extend gains as investors assess business activity figures from around the region

cnbc.com Muslim devotees are breaking their fast and having their meals on the last Friday of the holy fasting month of Ramadan, also known as Jumat-ul-Vida, at the Jama Masjid in…

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

apnews.com Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before. U.S. futures were mixed and oil prices rose.…

Hong Kong’s small businesses more confident of growth than their mainland China, Singapore peers, survey shows

scmp.com In mainland China, New Zealand and Taiwan the proportion of companies foreseeing growth was 59 per cent, 60 per cent and 63 per cent respectively. Hong Kong more or less…

Shares of Chinese bubble tea firm Chabaidao plunge nearly 40% in Hong Kong debut

cnbc.com Shares of Chinese bubble tea chain Chabaidao tumbled almost 40% on its trading debut on the Hong Kong stock exchange. The stock, officially listed as Sichuan Baicha Baidao…

Chinese Bubble Tea Maker Slides in Hong Kong Trading Debut

wsj.com Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped in their trading debut in Hong Kong on lukewarm demand.

China tea chain ChaPanda dips close to 40% after Hong Kong IPO

asia.nikkei.com HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda, made a disappointing debut on the Hong Kong market on Tuesday, as its price…

Square Enix Partners with Animoca Brands Japan for Symbiogenesis

nftplazas.com Animoca Brands Japan, the Japanese subsidiary of the Hong Kong-based web3 company Animoca Brands, announced a memorandum of understanding (MoU) with popular video game…

Probe of PwC's Evergrande conduct casts shadow on Big Four auditors

asia.nikkei.com HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China Evergrande Group is stirring concern over the impact on the Big Four consulting firms'…

Hong Kong stocks rise again after China’s pledge to support market

scmp.com Pork processing giant WH Group jumped 3.1 per cent to HK$5.65 and e-commerce company JD.com surged 4.2 per cent to HK$104.80. Tencent Holdings advanced 2 per cent to…

China tea chain ChaPanda dips more than 30% after Hong Kong IPO

asia.nikkei.com HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda, made a disappointing debut on the Hong Kong market on Tuesday, as its price…

Top Reasons Why Massive Bitcoin Supply Shock is On The Way

coinpedia.org The post Top Reasons Why Massive Bitcoin Supply Shock is On The Way appeared first on Coinpedia Fintech News As the Bitcoin network successfully passed its fourth halving on…

Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry

cryptonews.com The Hong Kong Securities & Futures Professionals Association (HKSFPA) advocated establishing a self-regulatory committee within the city’s crypto firms to enhance compliance…

China tea chains race for Hong Kong IPOs in lethargic market

asia.nikkei.com HONG KONG -- Chinese tea chains are lining up to list on Hong Kong's stock market, with one making its splash on Tuesday, as they aim to raise funds and keep up in a highly…

Why Chinese Stocks Tencent, PDD Holdings, and JD.com Surged Today

finance.yahoo.com Shares of Chinese stocks, including Tencent (OTC: TCEHY), PDD Holdings (NASDAQ: PDD), and JD.com (NASDAQ: JD), rallied to start the week, up 5.4%, 9.5%, and 5.8%,…

Chinese market watchdog’s support to divert IPOs from mainland to Hong Kong

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Chinese market regulator CSRC’s support will divert scores of mainland firms’ IPOs to Hong Kong,…

HKMA launches one-stop platform to help SMEs affected by new travel trend

scmp.com “We hope that the platform can make it easier for SMEs to shop around so that they can compare and choose among loan products offered by different banks and increase their…

ETH could thrive with or without spot Ethereum ETFs

cryptobriefing.com The approval of US spot Ethereum exchange-traded funds (ETFs) could enhance Ethereum’s market valuation. However, even if these ETFs are rejected, it may merely be a bump in…

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