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Tag: Hong Kong

Posted on February 10, 2024

‘Fake CFO’: $25 Million Deepfake Video Call Scam Rocks Hong Kong Company

The hype around AI and chatbots like Bard and ChatGPT is leading to an explosion of AI-generated content, from pictures to written content. However, not everyone is using this technology for good.
Posted on February 10, 2024

OSL and UBS pioneer first tokenized warrant transaction in Hong Kong

Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.
Posted on February 10, 2024

OSL and UBS pioneer first tokenized warrant transaction in Hong Kong

Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.
Posted on February 10, 2024

Hong Kong finance worker falls prey to deepfake video call, loses $25 million after interaction with ‘CFO’

According to reports quoting the Hong Kong police, the case is the latest in a string of deepfake scams across the city. Fraudsters have taken to using deepfake technology to modify existing footage …
Posted on February 10, 2024

Hong Kong finance worker falls prey to deepfake video call, loses $25 million after interaction with ‘CFO’

According to reports quoting the Hong Kong police, the case is the latest in a string of deepfake scams across the city. Fraudsters have taken to using deepfake technology to modify existing footage …
Posted on February 9, 2024

Hong Kong’s Wang On Group disposes of notes in indebted developer China South City, warns of US$4.2 million annual loss

The Hong Kong conglomerate sold the notes for about US$3.8 million, about 45 per cent of their principal amount Wang On Group expects to see a loss of about HK$32.9 million (US$4.2 million) in the …

( read original story …)



Posted on February 9, 2024

3 U.S.-Listed Hong Kong Stocks to Buy as Chinese Markets Collapse

The trend was exacerbated by last year’s ordered liquidation of heavily indebted property developer Evergrande (OTCMKTS:EGRNY). It deteriorated even further to see outflows from Chinese and Hong Kong …

( read original story …)



Posted on February 9, 2024

EUROPE Hong Kong whimpers, Japan roars

European traders looking to Asia for direction are going to be pulled in two directions, with Hong Kong led lower by property shares as it limped into the Lunar New Year break, while Japan powered to …

( read original story …)



Posted on February 9, 2024

As China woes mount, investment banks brace for more Asia job cuts

A new round of staff cuts that began in late 2023 on the Chinese mainland and Hong Kong, key regional investment banking hubs, will gather pace in the coming months, they added. U.S. boutique bank …
Posted on February 9, 2024

Japan set for fresh 34-year highs; most Asian markets are closed for Lunar New Year holiday

China, South Korea and Taiwan’s markets will be fully shut, while Singapore and Hong Kong will see a half day of trading …

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