TokenPost topic
Hong Kong
54 TokenPost stories are tagged Hong Kong. The newest appear first.
Latest Hong Kong stories
- LME Studies Tokenized Hong Kong Metal Stocks for Loan Collateral
The early-stage effort focuses on inventory without warehouse warrants, which lacks mature financing channels. People familiar with the matter said LME plans a closed industry roundtable in early November.
· Business
- Hong Kong Group Discusses Proposed Regulatory Regimes for Crypto Firms
At its Oct. 26 meeting, the group also reviewed regulators’ progress adopting AI and received briefings on four Hong Kong Monetary Authority initiatives.
· Regulation
- Gold-Backed XAUa Token Is Live on Sui With Transfer Controls
Each token is backed by physical gold held in Hong Kong, and buyers and holders must meet eligibility requirements.
· Technology
- Trader Takes Over 20% of Open Interest in Both Zhipu and MiniMax Contracts
The two positions were worth about $3.80 million at the snapshot, with a combined unrealized loss of roughly $54,300.
· Investing
- Cash flow shapes long-term prospects for Asia’s Bitcoin treasury companies
Duke Waldrop of UTXO Management said operating cash flow could give Asian Bitcoin treasury companies greater stability, while a rapid unwind of yen-funded positions could create short-term liquidity pressure.
· Insights & Views
- Hong Kong SFC Approves Secondary Trading for Two ChinaAMC Funds
The funds list as CAMFF-HKD and CUMFU-USD, with retail and professional investors eligible to trade.
· Regulation
- ChinaAMC and PantherTrade Launch 24/7 Trading in Tokenized Fund Shares
Retail users can trade tokenized unlisted shares in two Hong Kong-authorized money-market sub-funds every day, including weekends and public holidays, subject to platform rules.
· Business
- HSBC Lists HK$80.8 Million of RedCoin in Circulation as of Oct. 25
Cash reserves were HK$81.8 million, or HK$1 million above circulation. HSBC expects its first independent reserve attestation after the fourth quarter of 2026.
· Business
- HSBC Reports HK$80.7 Million of RedCoin in Circulation After PayMe Rollout
Wallet activation is reaching more than 3.3 million PayMe users, but RedCoin cannot move between PayMe and HSBC’s separate app wallet.
· Business
- Hong Kong Monetary Authority Raises Offshore RMB Repo Facility to RMB22 Billion
The HKMA designated 12 banks for a new two-year term starting Oct. 27, 2026, when the current term expires.
· Regulation
- Raffles Family Office Obtains Hong Kong Licenses for Digital Asset Management
RFO started Revo in 2022. The licenses, secured in February, cover professional portfolio management for digital assets alongside traditional investments.
· Business
- Futu Adds BNB Transfers for Hong Kong Qualified Professional Investors
Eligible clients can deposit BNB from self-custody wallets into Futu crypto accounts and withdraw only to verified, whitelisted addresses.
· Business
- Hong Kong's Exchange Operator Targets 2027 Tokenized Receipt Financing Pilot
The project would work with designated banks and use distributed ledger technology to test the use of commodity warehouse receipts as collateral.
· Technology
- HSBC Starts RedCoin Rollout in Hong Kong With Payment Features
The first stage will offer user-to-user transfers and merchant payments through PayMe and HSBC's Hong Kong mobile banking app. Wallet activation requires no minimum balance or additional account.
· Business
- HSBC Launches RedCoin, Targeting More Than 3.3 Million PayMe Users
The bank plans to add a stablecoin wallet to its Hong Kong mobile app by year-end, supporting subscriptions to tokenized investments.
· Business
- MINIMAX-W Rises 16.7% as Hang Seng Tech Gains 2.05%
The broader Hang Seng Index rose 0.69% to 23,093.37, with Hang Seng market turnover reaching HK$249.784 billion.
· Investing
- Solana Company Establishes Executive Headquarters in Hong Kong
The Nasdaq-listed firm plans to run validators there through Pacific Backbone, an infrastructure initiative spanning four Asia-Pacific cities.
· Business
- Hong Kong’s Hang Seng Tech Index Drops More Than 5%, Below 3,800
The broader Hang Seng Index fell more than 3%, while Zhipu and 天数智芯 each lost more than 9%.
· Investing
- Gulf Funds Drive $14.2 Billion China and Hong Kong Investment Rebound
Four Gulf funds made up nearly 70% of the China and Hong Kong total for the first nine months of 2026. The United States, Europe and the United Kingdom drew larger reported totals.
· Investing
- Sovereign Deals Lift Digital Debt Issuance to Record €8.1 Billion
Asia accounted for €4.4 billion, or 54%, of issuance so far in 2026. Tokenized U.S. Treasuries and money market funds totaled $14.9 billion.
· Investing
- Hong Kong IPO Sponsor Pressure Eases as Strained Principal Count Falls 78%
The Securities and Futures Commission (SFC) said sponsor workload pressure eased and warned opaque IPO arrangements could distort demand or post-listing trading.
· Business
- Asian Stocks Slide Amid AI Financing Concerns, With Losses Varying by Market
South Korea’s KOSPI fell 7.57% on Oct. 15, while Hong Kong’s Hang Seng Index lost 1.03%. South Korea’s two main indexes halted trading after sequential circuit breakers.
· Investing
- Hong Kong Exchange Targets T+1 Settlement in Second Half of 2028
The plan follows 109 nonduplicate consultation responses and depends on market readiness and regulatory approval.
· Regulation
- Ledger Asks Retailers to Pause Sales in Southeast Asia and Hong Kong
New rules keep wallets off display and bar the resale of returned devices, even if they appear unopened.
· Technology
- Hong Kong Memory Shares Slide as 2x Hynix Product Falls More Than 22%
The 2x Samsung product also fell more than 20%, while Montage Technology and GigaDevice declined more than 9% and 6%, respectively.
· Investing
- Ledger Orders Southeast Asian Dealers to Halt Sales and Recall Devices
The company is investigating malicious components found in devices sold by CryptoBilis, with recalled units to be examined by Ledger Donjon.
· Technology
- Ledger Orders Southeast Asia, Hong Kong Sellers to Pull Devices
The hardware-wallet maker is investigating devices sold through regional distributors after confirming a malicious component in products sold by CryptoBilis.
· Technology
- AI Tools Generate Fake Faces, Voices in Hong Kong Investment Scams
Online investment scams account for a relatively high share of Hong Kong’s fraud losses, averaging about HK$700,000 per case.
· Regulation
- Matrixport HK Withdraws Hong Kong Virtual-Asset Trading Platform License Application
The application was filed Feb. 26, 2024, and withdrawn Oct. 12, 2026. Hong Kong virtual-asset trading commission income fell 13.5% in the first half.
· Regulation
- Hong Kong Cyberport Charges Six in Alleged Bribery, Fraud Scheme
A former Cyberport director allegedly accepted flights, luxury handbags and a smartphone while at least 400 subsidy applications were falsified, involving about HK$20 million.
· Regulation
- Hong Kong Expands Gold Network as Renminbi Gains New Routes
China’s gold reserves reached 2,387 tonnes in August 2026 as Hong Kong develops storage, delivery and trading infrastructure tied to RMB-denominated markets.
· Investing
- Pando Launches Second Solana ETF in Hong Kong Amid U.S. Outflows
The launch comes as U.S. funds recorded $24.8 million in recent outflows, highlighting diverging regional demand for Solana investment products.
· Investing
- Hong Kong Plans Second Spot Solana ETF Listing on Oct. 13
Pando Solana ETF, trading under 2831.HK, is scheduled to list on the Hong Kong Stock Exchange as regulated access to SOL expands in Asia.
· Investing
- Hong Kong Crypto Trading Fee Income Fell 13.5% in First Half
Reported virtual-asset trading fee income dropped to 99.3 million yuan from 114.8 million yuan in the second half of 2025, even as broader securities earnings increased.
· Regulation
- Hong Kong May Enforce Rules Against Unlicensed Payment Platforms
Acting Secretary for Financial Services and the Treasury 陈浩濂 said action may be taken to maintain financial stability and protect customers and the public.
· Regulation
- Hong Kong Considers Longer Trading Hours, Starting With Derivatives
Hong Kong Exchanges and Clearing will publish a fourth-quarter discussion paper on extending spot-market hours as the city moves toward T+1 settlement using tokenized money and the digital Hong Kong dollar.
· Regulation
- Hong Kong Virtual-Asset Trading Commissions Fell 13.5% in H1
Commission income dropped to HK$99.3 million from HK$114.8 million in the second half of 2025. Securities-industry net profit rose 21%.
· Regulation
- OSL Group Tokenizes USDGO Fund for Hong Kong Professional Investors
The USDGO Plus SP fund targets crypto derivatives funding-rate spreads and returned 16.67% since inception through Oct. 7, before fees.
· Business
- UPS Mistake Sends F-35 Parts to Hong Kong as US Opens Inquiry
The shipment included radar-absorbing aircraft components, prompting reviews by US defense and trade-control authorities.
· Technology
- China’s AI Startups Narrow Model Gap as U.S. Funding Lead Widens
Chinese startups are closing the performance gap with U.S. models but have raised about $39 billion in AI-related venture capital since 2023, compared with $380 billion in the U.S.
· Technology