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30.10.25 - 10:06
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Ant Digital warns of fake tokens as crypto scams persist in Hong Kong (SCMP)
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Ant Digital Technologies, an affiliate of Chinese fintech giant Ant Group, has issued a warning to investors regarding fraudulent tokens being issued under the name of its newly launched Jovay blockchain, as Hong Kong pushes ahead with developing its digital-asset industry.
Unauthorised projects had been issuing fraudulent tokens using the Jovay name on major blockchains, including Ethereum, BNB Chain and Solana, Ant Digital Technologies said on Wednesday via Jovay's official social media......
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30.10.25 - 07:12
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Hong Kong developer NWD seals record deal for global firm Aecom′s Asia headquarters (SCMP)
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A multinational infrastructure consultancy has leased 120,000 sq ft for its upgraded Asia headquarters at a grade A office building of New World Development (NWD) in Cheung Sha Wan, setting a record as the biggest post-pandemic deal of its kind in the district.
Aecom, drawn by the district's well-developed transport network and accessibility, which supports employee commutes and business development across the Greater Bay Area and Northern Metropolis, was the latest tenant at NWD's 83 King Lam......
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30.10.25 - 03:48
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Hong Kong stocks climb to 3-week high on Xi-Trump deal hopes, Fed easing (SCMP)
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Hong Kong stocks rose to a three-week high on Thursday, buoyed by investor anticipation ahead of a high-stakes meeting between the Chinese and US leaders, and following the Federal Reserve's interest rate cut.
The Hang Seng Index rose 0.4 per cent to 26,455.74 as of 10.11am local time. The Hang Seng Tech Index dropped 0.1 per cent.
On the mainland, the CSI 300 Index slid 0.3 per cent and the Shanghai Composite Index retreated 0.2 per cent.
Aluminium smelter China Hongqiao Group surged 6.4 per......
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30.10.25 - 02:36
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Hong Kong′s securities watchdog eyes IPO reform to woo tech firms (SCMP)
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Hong Kong's market regulator is conducting a comprehensive review of the listing regime to attract more innovative companies, while also closely monitoring how firms use digital assets as part of their treasury operations, according to the chairman of the Securities and Futures Commission (SFC).
“These ongoing reviews will promote the market development of Hong Kong while at the same time ensure sufficient investor protection is in place,” Kelvin Wong Tin-yau said in a media briefing on Tuesday.......
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30.10.25 - 01:36
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Hong Kong family offices launch US$100 million fund to tap global investors (SCMP)
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Five local family offices will jointly launch a US$100 million fund on Thursday to capture the new business opportunities arising from the government's newly launched Family Office 2.0 plan, aimed at attracting more wealthy international individuals to invest in Hong Kong.
Inspira is a closed-end fund focused on private credit and other stable-income projects. It targets affluent families, particularly those interested in applying for residency in the city through the Capital Investment Entrant......
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30.10.25 - 00:06
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Hong Kong follows US in quarter-point rate cut to lower lending cost (SCMP)
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Hong Kong's de facto central bank cut the base interest rate for the second time in six weeks, further reducing the cost of funding to help reboot the city's businesses and reduce the burden on mortgage borrowers.
The Hong Kong Monetary Authority (HKMA) cut the base rate by a quarter point to 4.25 per cent on Thursday, hours after the US Federal Reserve pared its target rate by the same margin to a range of 3.75 per cent to 4 per cent during the seventh meeting of the Federal Open Market......
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30.10.25 - 00:00
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The Growth Conversation: AIA Hong Kong & Macau′s Rita Wong. (SCMP)
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In the marketing world where the only constant is change, Rita Wong's journey stands out as a testament to the power of curiosity, adaptability, and — most importantly — teamwork. Whether she is orchestrating the launch of virtual banks or steering legacy brands through modern transformation, she has built her career on one simple yet profound belief: “If we keep our minds open… we will find new breakthroughs.”
This approach has served Wong well as the head of customer centricity and brand......
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29.10.25 - 10:06
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Billionaire boom: ultra-wealthy ranks in China and Hong Kong regain momentum (SCMP)
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Mainland China and Hong Kong have gained more billionaires, reversing a decline three years ago, after the world's second-largest economy unveiled stimulus measures amid slowing growth and a struggling property sector, according to the latest study by Altrata.
The mainland had 321 billionaires as of 2024, rising by 5.6 per cent, to rank second in terms of billionaire population, following the US with 1,135 billionaires, according to the data company. Mainland Chinese billionaires collectively......
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29.10.25 - 09:12
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Aktien Asien: Halbleiterwerte legen deutlich zu (DPA-AFX)
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TOKIO (dpa-AFX) - Die asiatischen Börsen haben am Mittwoch uneinheitlich tendiert. Während die technologielastigeren Börsen stiegen und dabei von den Gewinnen der Halbleiterwerte profitierten, war die Entwicklung an anderen Märkten zurückhaltender. Sie ......
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28.10.25 - 11:30
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Ant Group pursues ′Antcoin′ digital asset trademark in Hong Kong for Web3 (SCMP)
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Ant Group's trademark application for a digital asset named Antcoin has drawn attention amid the Chinese fintech giant's stablecoin pursuit, which remains stalled as Beijing reins in mainland firms' digital asset activities in Hong Kong.
Advanced New Technologies, a Cayman Islands-incorporated affiliate of Ant Group that is responsible for managing the fintech company's intellectual property, in June applied for a trademark in Hong Kong for Antcoin, according to government records.
Antcoin would......
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28.10.25 - 10:06
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Hong Kong′s e-HKD better suited to wholesale use than retail, HKMA says (SCMP)
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The Hong Kong Monetary Authority (HKMA) has decided to focus development of the e-HKD on wholesale applications because the central bank digital currency (CBDC) has stronger potential value in large transactions than in daily retail use.
The city's de facto central bank announced the decision on Tuesday after a second phase of e-HKD trials that tested its usability and efficiency in both retail and wholesale scenarios over the past year. A CBDC is a digital version of a fiat currency built using......
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28.10.25 - 09:09
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Aktien Asien: Leichte Gewinnmitnahmen belasten (DPA-AFX)
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TOKIO (dpa-AFX) - An den asiatischen Börsen ist es am Dienstag nach den jüngsten Gewinnen zu Abgaben gekommen. Die Verluste bewegten sich dabei aber in einem überschaubaren Rahmen. Marktteilnehmer sprachen von Gewinnmitnahmen.Nach der ......
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28.10.25 - 08:06
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China′s Pony.ai, WeRide file for Hong Kong IPOs in milestone for driverless tech (SCMP)
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Pony.ai and WeRide, two of China's leading autonomous driving companies, have filed prospectuses for initial public offerings (IPOs) in Hong Kong, marking a milestone for the nation's driverless technology sector, as it seeks capital market validation amid intensifying global competition.
Pony.ai, based in Guangzhou and incorporated in the Cayman Islands, plans to sell 41.96 million Class A shares under its global offering, including 4.2 million shares for Hong Kong retail investors.
The maximum......
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