Search Results for: Kong

Hong Kong Protests Powering Through Bitcoin Adoption

The Hong Kong protests, which has now entered its 12th week, affected Hong Kong’s economy, including the property market, stock exchange, shop owners, and banks. As the demand for democratic rights along with other requests from protesters, the use of tear gas and serious resistance has been observed from police authorities.       Hong Kong-based department store, Pricerite made … Continue reading Hong Kong Protests Powering Through Bitcoin Adoption

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).    In a notice published on September 10, the Hong Kong-listed electronics manufacturer Pantronics Holdings Limited, which was a company that was acquired by Huobi in 2018, uncovered that it would be renamed … Continue reading Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality

In October 2018, Hong Kong Science and Technology Parks Corporation (HKSTP) announced a wide array of new initiatives, enhanced programs and support services aimed at strengthening and accelerating the growth of Hong Kong’s Innovation and Technology (I&T) sector and startups. To support its key strategy of grooming promising technology startups—HKSTP operates effective startup incubation programs to turn … Continue reading Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November. As China’s biggest insurer by market value, Ping An Insurance Group was planning its IPO originally in Hong Kong, aiming at a deal that could raise … Continue reading Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Hong Kong with its Incredibly Unique Positioning in FinTech

In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how … Continue reading Hong Kong with its Incredibly Unique Positioning in FinTech

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

The Belt and Road Initiative (BRI) is a transcontinental long-term policy and investment program which aims at infrastructure development and acceleration of the economic integration of countries along the route of the historic Silk Road.  BRI was unveiled in 2013 by China’s President Xi Jinping and, according to the Belt and Road Portal, the massive project will … Continue reading Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance. The IA introduced the Fast Track Scheme in September of 2017 to provide a dedicated application … Continue reading Avo Receives First Virtual General Insurer License in Hong Kong

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT  Since President Xi Jinping’s original proposal of the Belt and Road Initiative in 2013, a major limitation that the initiative has faced is the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors. The … Continue reading Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

The Fight for Freedom: Bitcoin and Hong Kong Battle Old World Control

The fight for freedom takes on many forms. Financial, speech, right to choose and right to act.  In 2019, we are all part of a very interesting period in history.  People want freedom. More control over their lives and more trust.  Government and banking are two key factors that regulate people’s freedom.  Depending on where … Continue reading The Fight for Freedom: Bitcoin and Hong Kong Battle Old World Control

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City In December of 2016 the Hong Kong Government released the Smart City Blueprint with a vision to develop Hong Kong into a world-class smart city. The key aims of this transformation are to improve the connectivity, efficiency and environment of Hong Kong by leveraging advances … Continue reading Blockchain and IoT: Transforming Hong Kong into a Smart City

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