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Chinese Electric Car Maker Xpeng to Raise $2B, to List on Hong Kong Exchange
Coinspeaker Chinese Electric Car Maker Xpeng to Raise $2B, to List on Hong Kong Exchange The increasing level of tension between authorities in China and the United States is forcing the hands of many US-listed Chinese companies to list on the Hong Kong stock exchange as a way of protecting themselves against both governments. дальше »
2021-6-25 14:35 | |
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Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. дальше »
2021-6-9 16:30 | |
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Huobi Halts Futures Trading Services, Mining Pool in China as Regulatory Pressures Mount
Per Bloomberg, cryptocurrency exchange Huobi began blocking its Chinese customers from being able to access some of their services. When China banned crypto exchanges back in 2017, Huobi moved its operations overseas to Hong Kong, Singapore, and South Korea, among others. дальше »
2021-5-24 21:06 | |
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Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies
One of China’s top internet app makers, Meitu Inc. , has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. дальше »
2021-3-19 03:30 | |
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Binance vs. KuCoin Crypto Exchange Duel 2021
The two most popular Asian exchanges are Binance and KuCoin and both were based in China. After Chinese government banned digital currency exchanges, they both moved to Hong Kong, while Binance later on moved on to Malta even though current reports from TheBlock claim that Binance is not incorporated there but rather on some other, […] The post Binance vs. дальше »
2021-1-3 19:25 | |
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Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. дальше »
2020-12-5 19:45 | |
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China Construction Bank to Launch $3B in Bonds Using Blockchain
The state-owned China Construction Bank (CCB) is preparing to become the first Chinese bank to issue bonds using blockchain technology. The bank has partnered with Hong Kong’s Fusang Exchange to launch the sale of $3 billion worth of debt represented by blockchain tokens. дальше »
2020-11-12 17:53 | |
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All Aboard the Bitcoin Express Says Max Keiser on Asian Capital Flight
For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048. дальше »
2020-8-11 16:40 | |
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Will the Chinese Stock Market Surge Impact Crypto?
Monday saw the most significant one-day jump in the Shanghai Composite in five years. It closed up 5. 7%, the most since the last bull market of 2015. Leading the charge are Chinese financial stocks, which were amongst the best performers on the trading floors in Hong Kong and Shanghai. дальше »
2020-7-7 22:40 | |
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NetEase Raises $2.7 Billion in Hong Kong, More Listings Possible
Coinspeaker NetEase Raises $2. 7 Billion in Hong Kong, More Listings PossibleNetEase, a Chinese gaming giant, gained at least $2. 7 billion in its secondary offering in Hong Kong. NTES stock on Nasdaq is up 2. дальше »
2020-6-6 17:20 | |
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China’s new Hainan trade port to encourage the use of blockchain to standardise trade
Hong Kong’s new competitor to make clever use of blockchain technology Chinese authorities have... The post China’s new Hainan trade port to encourage the use of blockchain to standardise trade appeared first on Coin Journal. дальше »
2020-6-4 14:29 | |
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U.S.-China Tensions Escalate: Is A Bitcoin Boost On The Horizon?
Since last year, there have been ongoing demonstrations in Hong Kong. The citizens are resisting a new security law introduced by the Chinese government. The law, while disguised as a measure to combat terrorism, would see China grab a better hold of Hong Kong. дальше »
2020-5-29 18:26 | |
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Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?
The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of […] дальше »
2020-5-23 21:00 | |
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Hong Kong’s Hang Seng Index Plunges 5.5% as Beijing Plans to Impose New Security Laws
Coinspeaker Hong Kong’s Hang Seng Index Plunges 5. 5% as Beijing Plans to Impose New Security LawsChina is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997. дальше »
2020-5-24 18:33 | |
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Telsa trials Chinese blockchain supply chain solution
Telsa and Hong Kong based CargoSmart have completed a successful test of a blockchain-based supply chain solution. дальше »
2020-4-16 15:01 | |
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Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets hard all around the world. дальше »
2020-2-28 06:25 | |
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Coronavirus Infections are Massively Underreported, Warns Hong Kong Academic
According to a professor at the Chinese University of Hong Kong, number of people affected by coronavirus likely far exceeds official numbers. The post Coronavirus Infections are Massively Underreported, Warns Hong Kong Academic appeared first on CCN.com дальше »
2020-2-4 16:05 | |
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Case for Privacy Coins Amplified by Hong Kong Protests
The Hong Kong protests have millions of individuals rallying against the government’s efforts to pass the Fugitive Offenders Extradition bill. In an article by Forbes, August 11, 2019, it was revealed that the central government used Chinese servers to launch a denial of service attack on Telegram to apprehend those who were organizing protests viaRead MoreRead More. дальше »
2019-8-12 17:00 | |
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Alibaba May Pursue $20B Hong Kong Listing amid Trade Tension: Report
By CCN: As U. S. -China trade war tensions escalate, Alibaba Group is toying around with the idea of raising $20 billion via a Hong Kong listing, Bloomberg reports citing unnamed sources due to the privacy of the matter. дальше »
2019-5-28 03:30 | |
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China-based Blockchain Investment Firm Diversifies with Cannabis
A Chinese blockchain investment firm listed in Hong Kong recently announced that it was looking at the cannabis sector following bitcoin’s price struggles in 2018. As reported by South China Morning Post, the company says it wants to diversify its investment portfolio. дальше »
2019-5-3 23:00 | |
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Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?
Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17. дальше »
2019-3-30 23:28 | |
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Bitmain IPO Filing Officially Expires on HKEx, Yet Transparency Benefits Remain and New CEO Elected
The cryptocurrency mining giant Bitmain decided to present a filing to list an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEx). According to the list of now-lapsed applications on HKEx website shows that the filing of the Chinese company has already expired. дальше »
2019-3-26 21:42 | |
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Cryptocurrency Mining Giant Bitmain Officially Gives up on Going Public in Hong Kong
Bitmain Technologies, a Chinese based chip maker of specialized cryptocurrency mining machines, has shelved its plans to list on the Hong Kong Stock Exchange due to a number of reasons including staff lay-offs, a protracted bear market, and management restructuring reported the South China Morning Post on March 26. дальше »
2019-3-27 20:29 | |
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Huawei is putting blockchain into the stratosphere
At its 2019 “Cloud Summit” industry conference in Hong Kong, Huawei unveiled a new blockchain-based cloud service. Huawei Cloud now offers blockchain oriented services designed to help Hong Kong-based businesses make use of the decentralized platform’s typical characteristics. дальше »
2019-3-21 21:37 | |
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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance
ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports. дальше »
2019-3-14 00:05 | |
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Tencent Financial Academy Works With University Of Hong Kong To Pursue Fintech R&D Projects
Tencent Financial Academy Collaborates With University Of Hong Kong To Pursue Fintech R&D Projects Tencent, a major IT giant in China, is the home of its subsidiary Tencent Financial Academy, which just decided to collaborate with the University of Hong Kong. дальше »
2019-3-8 22:57 | |
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Chinese Crypto Exchanges Seek Backdoor Listings in Hong Kong
As the bear market continues with no signs of a change in trend crypto exchanges and mining giants in China seek ways to stay afloat. One method which has been increasing is a reverse merger in Hong Kong as IPO hopes fade. дальше »
2019-1-26 12:00 | |
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Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY
Canaan, the second biggest Bitcoin mining hardware maker, is reportedly considering an IPO in the New York after shelving its Hong Kong IPO plans in late 2018. Canaan Eyes US IPO Citing sources familiar to the matter, Bloomberg reported that the second largest Chinese manufacturer of Bitcoin mining hardware, Canaan, is looking into the possibility of an IPO in New York. дальше »
2019-1-9 15:00 | |
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Crypto VC Suggests Bitcoin Cash and Litecoin Could Be Ruined Thanks To Bitmain Layoffs
Bitmain, the Chinese mining hardware manufacturer who recently applied for listing on the Hong Kong Stock Exchange, has laid off around half of their employees, the company confirmed in a statement: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. дальше »
2018-12-28 00:05 | |
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More details about Bitmain layoffs emerge
More details about Bitmain layoffs emerge Major Chinese cryptocurrency mining company Bitmain just can’t seem to catch a break lately. Just months after filing to go public on the Hong Kong Stock Exchange, these plans have apparently been shelved as a complete restructuring of the company’s business is seemingly under way. дальше »
2018-12-27 18:53 | |
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Bitcoin Equipment Maker Ebang Reapplies for Hong Kong Listing
Ebang International Holdings Inc. , a Chinese bitcoin mining equipment maker, has refiled documents for a public share sale with the Hong Kong stock exchange after its first submission failed to proceed. дальше »
2018-12-25 02:35 | |
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Hong Kong Stock Exchange Unsure on Passing Bitmain IPO
Earlier this year, Chinese mining hardware manufacturers Ebang, Bitmain, Canaan Creative applied to sell shares on the Hong Kong Stock Exchange (HKEX). However, according to an anonymous source via CoinDesk, HKEX seems unsure of whether they should approve the Bitmain initial public offering (IPO): “The exchange is very hesitant to actually approve these bitcoin mining… The post Hong Kong Stock Exchange Unsure on Passing Bitmain IPO appeared first on UNHASHED. дальше »
2018-12-18 20:15 | |
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Hong Kong: Bitcoin ‘millionaire’ throws money from rooftop, gets arrested
A supposed Chinese cryptocurrency millionaire has been arrested after throwing stacks of HK $100 ($12) bills from the rooftop of a building in one of Hong Kong’s poorest districts. Self-styled Bitcoin millionaire Wong Ching-Kit announced the bizarre stunt via Facebook. дальше »
2018-12-17 16:18 | |
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Hong Kong Tightens Regulatory Grip on Cryptocurrency Exchanges and Startups
Hong Kong is tightening its regulatory grip on cryptocurrency exchanges and related businesses by bringing them under the purview of the Securities and Futures Commission (SFC), as reported by Asia Nikkei Review on Dec. дальше »
2018-12-17 12:17 | |
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Hong Kong Blockchain Startup Hires China’s Bitcoin Evangelist After He “Quits”
Although China has continued to relentlessly clamp down certain subsets of the crypto industry, the nation’s blockchain scene continues to swell at an unbridled pace, backed by hotshot entrepreneurs, billions in Renminbi (China’s currency), and world-renowned incubators and venture capital consortiums. дальше »
2018-12-5 15:00 | |
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Billionaire Crypto Investor To Lead Hong Kong Stock Exchange-Listed Grandshores Blockchain Company
Chinese Crypto Billionaire Will Lead Blockchain Company Listed At The Hong Kong Stock Exchange Li Xiaolai, a veteran Chinese crypto investor who managed to become a billionaire, has recently joined the Grandshores Technology Group, a company that is listed at the Hong Kong Stock Exchange. He will act as a co-CEO and executive director in […] дальше »
2018-12-4 22:10 | |
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Chinese Startup Gets Crypto Custodial Services License in Hong Kong
Cryptocurrency custodians are third parties that store large amounts of digital assets for institutions, hedge funds, exchanges and issuers of initial coin offerings. Companies in Hong Kong now have a new locally regulated option, which could help to increase investor confidence. дальше »
2018-11-27 21:30 | |
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Bitmain Restructures Leadership Board Positions Ahead of IPO
According to recent reports, Chinese cryptocurrency mining giant, Bitmain, is undergoing a major leadership shuffle as the company restructures its board of directors ahead of its imminent IPO on the Hong Kong Stock Exchange (HKEX). дальше »
2018-11-14 01:00 | |
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Hong Kong Exchanges and Clearing Adopts Blockchain Technology
Hong Kong Exchanges and Clearing (HKEX), China’s publicly-traded holding company that claims to be one of the most extensive market operations in the world, is developing a distributed ledger technology (DLT) powered platform aimed at helping international investors trade mainland Chinese shares via the Hong Kong Stock Connect platform, reported Channel NewsAsia on October 30, 2018. дальше »
2018-11-2 06:00 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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