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Hong kong
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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5PAY Reinforces Asia Footprint, Expanding Local Payment
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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5PAY Reinforces Asia Footprint, Expanding Local Payment
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hong kong
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Regulation
SFC Revokes License of IDS Forex HK, Bans Co-CEOs
2021-04-22T12:50:07.000+02:00
The owner of the broker injected $192 million ill-gotten funds into the Hong Kong company.
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Analysis
Analysis: Retail FX Traders Deposited in February More Than They Withdrew
2021-03-30T15:02:50.000+02:00
First-time deposits rebounded in February and average total deposits were considerably higher than total withdrawals.
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News
BC Group’s 2020 Revenue Jumps 32% with Crypto Demand Surge
2021-03-30T10:14:02.000+02:00
OSL contributed 70 percent of the group’s total revenue.
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Arnab Shome
News
Huobi Subsidiary to Launch 3 Crypto Funds in Hong Kong
2021-03-04T12:04:03.000+02:00
The funds will invest 100 percent in cryptocurrencies.
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Brokers
More Brokerage Accounts Face SFC Scrutiny over P&D Scheme
2021-02-18T17:22:26.000+02:00
Hong Kong regulations prohibit the distribution of false information to encourage investors into buying or selling securities.
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Aziz Abdel-Qader
Regulation
Crypto Exchanges Warn against Hong Kong’s Retail Trading Ban
2021-02-15T15:22:17.000+02:00
The ban might drive traders to unregulated trading platforms.
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Brokers
SFC Freezes Client Accounts on Suspected ‘Pump-and-Dump’ Scam
2021-02-09T17:10:51.000+02:00
The fraudulent scheme targeted the shares of two publicly-listed companies between March 2020 and October 2020.
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Aziz Abdel-Qader
News
BC Group Scores $90 Million to Grow Its Digital Asset Exchange
2021-01-06T14:00:19.000+02:00
The stock price of the company tumbled by over 14 percent on Wednesday.
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Arnab Shome
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News
Another Crypto Exchange Halts Withdrawals as China Detains Founder
2020-12-07T11:19:41.000+02:00
The founder has been in police custody for the last 15 days.
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News
Venture Firm Eyes DeFi after OMG Network Acquisition
2020-12-04T15:00:56.000+02:00
The financials of the acquisition deal were not disclosed by the companies.
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Brokers
CLSA Premium Dodges Wind Up for the Second Time
2020-12-02T15:07:19.000+02:00
At least 75 percent of votes are needed to approve such decision, but only 19.98 percent of shareholders favored it.
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Retail FX
Hong Kong Continues to Scrutinize FX Space, Warns of WikiFX
2020-11-25T23:40:24.000+02:00
WikiFX does not offer trading products, Its website provides regulatory license inquiries and credit evaluations for FX brokers.
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Aziz Abdel-Qader
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Brokers
Futu Reports Strong Q3 Results, Profit Jumps 314%
2020-11-19T12:30:41.000+02:00
The total number of paying clients jumped above 400,000 while revenue reached $122 million.
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Bilal Jafar
News
SFC Hong Kong Signs Fintech Cooperation Agreement with ISA
2020-11-17T11:42:36.000+02:00
The commission will work on innovative technology projects and information sharing with the Israeli Securities Authority.
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Bilal Jafar
Regulation
Hong Kong Slaps $270K Fine on Credit Suisse
2020-11-09T14:57:13.000+02:00
The bank was held accountable for breaches in preventing electronic trading anomalies.
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Brokers
HK Conglomerate Emperor Group Sets up FX Brokerage in Saint Vincent
2020-11-06T23:18:00.000+02:00
EMXpro parent already operates two of the largest financial services institutions in Hong Kong.
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Aziz Abdel-Qader
ADVERTISEMENT
Innovation
Standard Chartered HK Completes First Cross-Blockchain Platform Transaction
2020-11-03T12:54:13.000+02:00
The bank’s first cross-blockchain platform pilot transaction was executed between Hong Kong and Mainland China.
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Bilal Jafar
Regulation
Hong Kong to Mandate Crypto Exchange Regulations
2020-11-03T10:24:36.000+02:00
The watchdog introduced a crypto regulatory framework last year.
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Institutional FX
1MDB Scandal: Hong Kong Fines Goldman Sachs $350 Million
2020-10-22T14:22:47.000+02:00
The investment bank reportedly settled with US DoJ for $2 billion.
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News
Hong Kong Central Bank Willing to Test Digital Yuan
2020-10-21T15:09:29.000+02:00
The regulator is interested in exploring CBDC's cross-border transaction capabilities.
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News
Ant Bank Launches Virtual Lender in Hong Kong
2020-09-28T12:23:00.000+02:00
The lender is offering an interest rate of up to 2.5 percent on deposits.
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Institutional FX
SBI Holdings Confirms It Is Considering Exit from Hong Kong
2020-09-09T12:58:44.000+02:00
SBI Holding’s exit is expected to take place before March of 2021.
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Celeste Skinner
Executive Moves
HKEX Names Richard Wise as Its New Chief Risk Officer
2020-09-07T10:16:40.000+02:00
He will join the company in November and will report directly report to HKEX CEO.
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Arnab Shome
Executive Moves
SFC Suspends Ex-UBS Advisor for 8 Months
2020-08-31T12:55:36.000+02:00
She used her client signature without taking approval.
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Arnab Shome
ADVERTISEMENT
Regulation
Hong Kong Police Arrest Three Men Over $30,000 ATM Bitcoin Scam
2020-08-18T08:02:20.000+02:00
Authorities believe the men are part of a larger group which has been scamming bitcoin ATMs.
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Celeste Skinner
Next
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