Hong Kong

Hong Kong

Markets

Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout

Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Markets

SCMP Spinning Off NFT Business Into New Firm ‘Artifact Labs’

The newspaper has found a brisk business in selling NFTs of its historical front pages, clearing $127,000 in its last auction.

(Howard Pulling/Flickr)

Markets

First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb

Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Markets

Bitcoin Unaffected by Hong Kong’s Hang Seng Meltdown

Analysts says the market crash in Hong Kong is being driven by regulatory not monetary policies, which is why the contagion has not spread to crypto.

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Videos

Fed's Upcoming Interest Rate Hike Could Move Bitcoin Price

Joe DiPasquale, BitBull Capital CEO, shares his bitcoin price analysis as an expected Fed rate hike later this week raises inflation concerns among investors. Plus, a look into the current state of the Hong Kong stock index as it sinks to a six-year low amid a recent COVID-19 outbreak and its potential impact on broader global markets. 

Recent Videos

Videos

Coinbase Blocks Russian Addresses; Philippines Plans CBDC

Coinbase blocks 25,000 Russian wallet addresses. Hong Kong’s iconic Star Ferry recreated in the metaverse. The Philippines joins a growing band of countries planning a CBDC. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world  in this episode of “The Daily Forkast.”

Recent Videos

Finance

BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally

The consortium wants to tackle cross-border technical and regulatory interoperability for security tokens.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Videos

Metaverse Moon Date; Russian Tensions Hit Crypto

Metaverse ETF to launch in Hong Kong. India’s Mingout tries dating on the moon. Crypto market slides as Russia-Ukraine fears rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Layer 2

China Casts Long Shadow Over Hong Kong's Once-Vibrant Crypto Industry

The city's regulators are looking to finally provide some clarity. Will it be enough to retain crypto companies leery of China's growing sway?

Illustration: Yunha Lee for CoinDesk

Videos

Korea’s Crypto Unicorns; Hong Kong’s E-CNY Pilot

Bybit signs Oracle Red Bull Formula 1 sponsorship deal. Korea’s crypto sector spawns two unicorns. Hong Kong an ideal cross-border e-CNY testbed. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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