Hong Kong Gives Initial Approval for Spot-Bitcoin and Ether ETFs
ChinaAMC, Harvest and Bosera among issuers given green lightBitcoin extended gains as crypto got lift from city’s decisionHong Kong gave initial approvals for asset managers to launch spot-Bitcoin and Ether exchange-traded funds, a development that boosted both digital assets as well as the wider crypto market.China Asset Management, Harvest Global Investments and a partnership between HashKey Capital Ltd. and Bosera Asset Management Co. all announced initial approvals in separate statements on
Next ETH and XRP etfs if Hang Seng wants to draw in more liquidity
Hong Kong Set to Approve Its First Spot Bitcoin ETFs in April, Sources Say
By Summer Zhen and Jason Xue HONG KONG, April 10 (Reuters) - Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next wee
Price cut means share price continues to be depressed. The days Chinese companies start to raise price on its products does look very bleak
Alibaba Cloud Announces Price Cut on Products Powered By Offshore Data Centers
HONG KONG, April 8 - China's Alibaba Cloud on Monday said it will cut prices for products that are powered by its offshore data centers by as much as 59% amid rising competition to attract artificial intelligence software developers.The cloud service provider said products related to computing, storage, network, database and big data will receive an average of a 23% price reduction.This is the third time the cloud arm of Chinese e-commerce leader Alibaba Group Holding has moved to cut prices ov
Not surprised. Hang Seng chart tells you the story.
Hong Kong Stocks Tumble as Alibaba’s Scrapping of Logistic Unit IPO Weighs on Sentiment
Alibaba Group Holding has decided to withdraw the IPO for its logistics operation Cainiao in Hong Kong which would have unlocked value for its shareholdersCorporate earnings take central stage this we