Team Hongkong Journalist, Author at hongkong-journalist

March 17, 2023
Team Hongkong Journalist
Crypto Market

Crypto-related scams are rising in Hong Kong, last year it took $407 million

In Hong Kong, crypto-related scams reportedly accounted for over 50 percent of the $407 million stolen from the city’s citizens in tech crimes in 2022. Some countries around the...

March 16, 2023
Team Hongkong Journalist
Crypto Market, Markets

Hong Kong Emerges In The Virtual Asset Industry Amidst Regulatory Scrutiny

Globally, the virtual asset market is growing under more and more regulatory scrutiny, developing new hubs for the market. One such hub is Hong Kong, which, in contrast to...

March 14, 2023
Team Hongkong Journalist
Crypto Market, Markets

Crypto scours planning to replace collapsed US lenders

Marco Lim, the head of a cryptocurrency hedge company, on Monday rushed to register bank accounts in Hong Kong following the abrupt failure of three American lenders. The city-based...

March 13, 2023
Team Hongkong Journalist
Markets, Stock Market

A Game Changer For Startups: HKEX Readies IPO Rules To Commence Funding For HK Technology Start-Ups

Arthur Chan Chi-Chuen received information on an October afternoon that would forever transform his seven-year-old business. Chan’s domain expert from the science park accelerator team was at the Hong...

March 13, 2023
Team Hongkong Journalist
Budget, Economy

Hong Kong Chief Says, “ We Won’t Sell Land At Dirt Cheap Prices.”

Key points Paul Chan, the government’s financial secretary, reiterates the government’s commitment to the land policy after the first commercial plot sold this year sold for 35% less than...

March 10, 2023
Team Hongkong Journalist
Markets, Stock Market

Lower Open Anticipated For Hong Kong Stock Market

In three consecutive sessions, the Hong Kong stock market lost ground, losing more than 675 points, or 3.3 percent. The Hang Seng Index is currently hovering just above the...

March 10, 2023
Team Hongkong Journalist
Budget, Economy

A brief on the 2k23-2k24 budget to enter Hong Kong in Green and Sustainable Financing

Paul Chan, the financial secretary for Hong Kong, presented the 2023–24 budget on February 22, 2023, emphasising China’s “3060 Dual Carbon Goals,” the promotion of a green economy and...

March 9, 2023
Team Hongkong Journalist
Budget, Economy

Time to Win the Losing battle- China on drastic budget shift

The previous three years were dramatically disastrous for China on a global stage but now China is trying to come back to win back the lost ground and is...

March 9, 2023
Team Hongkong Journalist
Markets, Stock Market

Hong Kong’s Cathay Pacific Posts $834 Million Loss for 2022

Cathay Pacific Airways Ltd. has announced that they are ready to re-establish, as Hong Kong opened up to global visitors, despite reporting wider losses in 2022. The airline reported...

March 8, 2023
Team Hongkong Journalist
Markets

Hong Kong stocks fall 2% as Fed’s Powell hints at more rate hikes ahead

Federal Reserve Chairman Jerome Powell cautioned that the interest rates may need to be higher than expected, and at that particular moment, Hong Kong shares dropped more than 2%,...