AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
May 03 2024
News
Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
The CEO of CF Benchmarks, a unit of cryptocurrency exchange Kraken, predicts that despite an inauspicious beginning, crypto exchange-traded funds (ETFs) in Hong Kong will reach $1 billion in assets under management (AUM) by the end of 2024, Bloomberg reported on Friday. London-based CF Benchmarks provides reference data for crypto ETFs, mostly bitcoin products including BlackRock's IBIT. Its
CoinDeskMay 01 2024
News
US Law Firm Mayer Brown Poised to Split Off Its Hong Kong Office
Chicago-based law firm Mayer Brown LLP is preparing to split off its Hong Kong operation amid US and China geopolitical tensions, according to people familiar with the matter.
Mayer Brown’s Hong Kong office will become an independent entity, said the people, who requested not to be named discussing private information. Mayer Brown didn’t respond to emailed requests for comment.
BloombergApr 14 2024
News
Bubble Tea Billionaire Wants To Raise $330 Million In Hong Kong IPO
ChaPanda, the bubble tea chain headed by Chinese billionaire Wang Xiaokun, aims to raise HK$2.6 billion ($330 million) in a Hong Kong IPO that will be a test of investor enthusiasm, especially as its rivals line up to go public amid intense competition in the milk tea industry. The Chengdu, Sichuan-based company will offer 147.8 million shares for HK$17.50 apiece, according to a Monday filing
ForbesApr 30 2024
News
Bitcoin has fallen to $61,000 as Hong Kong crypto ETFs fail to impress investors
Bitcoin continued to shed its value as Hong Kong’s Bitcoin and Ether ETFs failed to impress investors on their debut. Recently, six crypto-related ETFs were listed on the Hong Kong exchange. Bitcoin ETFs contributed $8.5 million in volume, while Ether ETFs brought in $2.5 million. As a comparison, the issuers anticipated an initial volume of $100 million, as per media reports. The top
QuartzApr 03 2024
News
Hong Kong Amends Surgery Requirements to Change ID Gender Markers
Hong Kong no longer requires transgender people to undergo full gender-affirming surgery to change their legal gender markers in their IDs, more than a year after the Chinese enclave’s top court called the requirement unconstitutional. The government announced the change on Wednesday, “having prudently considered the objective of the policy, relevant legal and medical advice, as well as
Time MagazineMar 19 2024
News
Hong Kong Adopts Sweeping Security Laws, Bowing to Beijing
Hong Kong on Tuesday passed national security laws at the behest of Beijing, thwarting decades of public resistance in a move that critics say will strike a lasting blow to the partial autonomy the city had been promised by China.
The new legislation, which was passed with extraordinary speed, grants the authorities even more powers to crack down on opposition to Beijing and the Hong
New York Times (News)Apr 22 2024
News
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
HONG KONG (AP) — Hong Kong has long been a major producer and consumer of great food, and a great amount of plastic and Styrofoam to go with it. That’s going to change as new legislation aiming to stop the sale and distribution of Styrofoam products and single-use plastic cutlery went into effect on Monday. Under the new law, single-use cutlery such as forks, spoons, straws and plates cannot
Associated PressApr 26 2024
News
Organizer of a Hong Kong Exhibition in UK Lodged a Protest to Local Government on Suspicion of Political Suppression
On April 4, 2024, a British Hongkonger group “Birmingham HongKongers” organized a three-day “Same but Different—Cultural Exhibition” in downtown Birmingham as part of the Hong Kong March event. However, they suspected there was an incursion by the “little pinks (CCP advocates)” who complained and put pressure on the venue owner, urging the event organizer to shield all “politically sensitive”
The Epoch TimesFeb 16 2024
News
Hong Kong Stocks Close Higher For Third Day
Hong Kong shares advanced Friday for the third straight session, helped by promising consumer spending, as investors eye the release of US inflation data later in the day.
The Hang Seng Index climbed 2.5 percent, or 395.33 points, to 16,339.96.
Markets in mainland China were closed for a public holiday.
Barron'sJan 15 2024
News
Hong Kong Stocks Open Sharply Lower
Hong Kong stocks sank at the open Tuesday following a negative performance in Europe, with confidence weighed by geopolitical worries, while investors were also awaiting key US and Chinese data due later in the week.
The Hang Seng Index dived 1.15 percent, or 186.08 points, to 16,030.25.
The Shanghai Composite Index dipped 0.16 percent, or 4.73 points, to 2,881.56, and the
Barron's