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Posted on April 13, 2024

Hong Kong to set up new policy office to help drive development of digital economy, finance chief Paul Chan says

Financial Secretary Paul Chan says setting up office among 12 recommendations from a government committee to help guide Hong Kong through new digital era He also points to importance of supporting …
Posted on April 12, 2024

Global data trading has ‘clear potential’ to become thriving industry in Hong Kong: Paul Chan

Financial Secretary Paul Chan touts importance of supporting data flows during two-day summit bringing together business leaders to discuss digital economy ‘From digital payments to generative AI, …
Posted on April 12, 2024

9,578 buildings have not complied with Hong Kong fire safety orders, with a fifth in same district as blaze-hit property

Buildings Department says 9,578 properties have failed to obey orders to improve fire safety as of December last year, with compliance rate at about 37 per cent One-fifth of those buildings are …

( read original story …)



Posted on April 11, 2024

Hong Kong commercial property investments down 5.5% to HK$13.2b in Q1

There were only 13 deals during the quarter. According to CBRE data, commercial real estate investment volume in Hong Kong (deals worth over HK$77 million, excluding pure land or related transactions) …

( read original story …)



Posted on April 11, 2024

Hong Kong building residents return home after deadly blaze, as some complain of long-standing safety worries

Residents have begun returning to their homes in a Hong Kong building where a blaze killed five people, with some complaining about long-standing safety concerns at the 60-year-old site packed with …

( read original story …)



Posted on April 10, 2024

Hong Kong-Based First Digital’s $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong’s digital asset regulations, benefitting from crypto exchange giant Binance’s trading promotion.
Posted on April 10, 2024

Hong Kong-Based First Digital’s $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong’s digital asset regulations, benefitting from crypto exchange giant Binance’s trading promotion.
Posted on April 10, 2024

Hong Kong set to approve its first spot bitcoin ETFs in April, sources say

Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.
Posted on April 10, 2024

Hong Kong Regulator to Approve First Spot Bitcoin ETF on April 15

As per the latest development, the Hong Kong SFC is now gearing up to greenlight spot Bitcoin ETFs in the region.
Posted on April 10, 2024

Hong Kong Regulator to Approve First Spot Bitcoin ETF on April 15

As per the latest development, the Hong Kong SFC is now gearing up to greenlight spot Bitcoin ETFs in the region.

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