Hong Kong-listed firms sharpen digital asset strategy amid rising crypto prices
A growing number of Hong Kong-listed firms are snapping up cryptocurrency on the back of rising bitcoin prices and the popularity of digital asset treasury (DAT) companies in the US.
Investment bank China Renaissance, which helped fund many leading Chinese tech firms, and Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, are among the Hong Kong-listed financial institutions that have recently bought a large amount of crypto tokens, according to their respective filings….
Hong Kong’s first hot-air balloon festival deflates as tethered rides suspended
Hong Kong’s first hot-air balloon festival has suspended its tethered ride arrangements after the government refused to grant it the relevant permit, citing safety concerns.
A government spokesman said on Thursday night that the results of the first field test conducted by the organiser of the AIA International Hot Air Balloon Fest Hong Kong on August 20 had been “unsatisfactory”.
“The relevant departments have observed that the balloon’s operation is severely affected by the strength and…
Gascoigne Road Flyover slip road to Yau Ma Tei to reopen September 14
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COVID-19 & Flu Express (Volume 3), Number 35 (Week 35, 2025)
COVID-19 & Flu Express (Volume 3), Number 35 (Week 35, 2025)
Online auction of vehicle registration marks to be held from September 18 to 22
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China implements anti-circumvention measures on U.S. optical fibre products in accordance with WTO rules
4th September 2025 – (Beijing) In response to allegations of circumvention by U.S. optical fibre exporters, China has initiated anti-circumvention measures aligning with domestic laws and WTO regulations. The Trade Remedy and Investigation Bureau of the Chinese Ministry of Commerce (MOFCOM) emphasised the necessity of these actions to uphold the integrity of trade remedy measures […]
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How Beijing’s V‑Day signals resolve, reverence and a shared future
4th September 2025 – (Hong Kong) China’s 80th anniversary commemoration of victory in the People’s War of Resistance against Japanese Aggression and the World Anti‑Fascist War was designed to be seen and heard at once: a carefully composed tableau of history and horizon, with President Xi Jinping at the rostrum setting the cadence for a […]
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Wintermute asks SEC for clear distinction between securities and network tokens
5th September 2025 – (Hong Kong) Crypto trading firm Wintermute has called on the U.S. Securities and Exchange Commission (SEC) to clarify the distinction between financial securities and network tokens, warning that regulatory uncertainty could have detrimental effects on the digital asset ecosystem. The firm strongly advocates for the exclusion of network tokens, such as […]
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Huawei unveils second trifold smartphone, Mate XTs, priced at $2,500
5th September 2025 – (Shenzhen) Huawei introduced its latest innovation on Thursday with the launch of the second-generation trifold smartphone, the Mate XTs, marking a significant move in its quest to solidify its position in the smartphone market. Priced at 17,999 Chinese yuan ($2,520) for the base model, this cutting-edge device is designed to elevate […]
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Hong Kong legal sector eyes film business role using smart contracts, blockchain
Hong Kong’s legal sector is taking an unprecedented leap into the world of Web3 and digital assets to revolutionise the city’s film and television industry in a bid to better track investments, with some massive losses incurred as a result of a lack of transparency.
The bold new strategy, unveiled at a seminar on Thursday, enables the use of blockchain and smart contracts to fundamentally transform the industry and offer a new channel for financing creative content, according to lawmaker Johnny…
Why white lies flourish in Hong Kong’s hyper‑social city
5th September 2025 – (Hong Kong) A banker confesses that he never lies, except when a dinner invitation disrupts their plans, such as when his phone buzzes with a last-minute invite on a Thursday evening at 6.32pm, conflicting with his desire for a quiet night in with his sofa. In Hong Kong, a city where […]
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World’s biggest sports piracy hub Streameast shut down by authorities
5th September 2025 – (Cairo) The leading anti-piracy group, the Alliance for Creativity and Entertainment (ACE), has successfully collaborated with Egyptian law enforcement to dismantle Streameast, the world’s largest platform for illicit live sports streams. Streameast, which garnered over 1.6 billion visits in the past year, facilitated unauthorised access to popular sports events like Premier […]
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