China Announces the Reopening of the Border with Hong Kong
The announcement comes after three years of border controls that have isolated the financial hub from the Chinese mainland. China announced it will open its border with Hong Kong on Sunday, ending three years of pandemic restrictions that have isolated the financial hub from the Chinese mainland. Hong Kong residents traveling to mainland China will […]
Crypto Futures ETFs Raise Over $73 Million Ahead of Hong Kong Launch
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted more than $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking U.S.-listed cryptocurrency futures comes despite the industry’s current problems. Hong Kong Debuts Bitcoin and Ether Futures ETF in Midst of Crypto Winter Two ETFs tracking crypto […]
Hong Kong stock market sees uncertain future as China grows
Under Chinese rule, Hong Kong’s stock market has more than tripled. That’s still below Shanghai. Hong Kong’s benchmark stock index has earned a total return of more than 230 percent since delivery in July 1997. That compares with 320% of the Shanghai Composite Index and 580% of the S&P 500 Index in the United States. […]