Asia’s first inverse Bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to debut in Hong Kong on Tuesday. Hong Kong’s CSOP Asset Management said it will launch the CSOP Bitcoin Futures Daily (-1x) Inverse Product on the city’s stock exchange on Tuesday…
The new chair of Hong Kong’s leading media professional group has said she lost her job at The Wall Street Journal after she refused her supervisor’s request to withdraw from the election for the leadership post. Reporter Selina Cheng told a press briefing on Wednesday that a senior editor told…
This must have left her down in the dumps. A Cathy Pacific flight attendant was left with a loo-ny job on a 16-hour flight to New York this week — holding up a bathroom door after it broke minutes into the trip. The bathroom door came off its hinges just…
Cryptocurrencies have made their mark on the fintech sector in several nations but have met with regulatory challenges because of the associated risks and volatile nature of the crypto market. Hong Kong is the latest to join the list of Asian regions that are accelerating efforts to establish a regulatory…
Hong Kong, China – For decades, Hong Kong’s Cathay Pacific Airways (CPA) stood as a proud symbol of the city’s international status and an exemplar of Asian aviation. These days, the flagship carrier is treated more like the Chinese-ruled financial hub’s bete noire, regularly receiving severe scrutiny and criticism from…
City leader John Lee says move will strengthen competitiveness of the Asian financial hub. Hong Kong is set to end its decades-long practice of shutting the stock market during typhoons and extreme weather. Hong Kong Chief Executive John Lee said the change was widely supported by the financial sector and…
The six, including former legislator Nathan Law, are also banned from any business dealings and financial transactions. Hong Kong has cancelled the passports of six pro-democracy activists who are in exile overseas under its newly-enacted domestic security law, calling them “lawless wanted criminals”. The government said that in addition to…
Hong Kong has hit back at a British judge who announced his resignation from the territory’s top court last week and expressed concern that the rule of law was in danger following the landmark conviction of 47 pro-democracy politicians and activists. Jonathan Sumption, one of two British judges who resigned…
New York City – When Zhou Fengsuo last saw the mimeograph machine, he was running for his life as the tanks rolled into Tiananmen Square in Beijing in June 1989. For weeks before that night of bloodshed, Zhou had used the machine, a state-of-the-art photocopier at the time, to churn…
BREAKINGBREAKING, This is a breaking news story. More details to follow. A Hong Kong court has found 14 of 16 activists and politicians guilty of subversion in the Chinese territory’s largest-ever trial under the Beijing-imposed national security law. The group was among 47 people, including some of Hong Kong’s most…
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