The Hong Kong arm of China’s biggest asset manager is preparing for a stock market downturn. ChinaAMC (HK) CIO Gan Tian says geopolitical risks are likely to cause the global stock market to tumble. Gan successfully predicted and safeguarded his fund against the stock market crash in March. Gan Tian, chief investment officer of China […]
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Hong Kong is removing tax on businesses and giving away cash in 2020. Coronavirus crashed the tourism industry and has placed the housing market vulnerable to a correction. Hong Kong’s economy could struggle to recover over the next five years. Desperate times call for desperate measures, and the government of Hong Kong is bumping up […]
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Developer Ben Woosley was watching the Hong Kong protesters when he saw something interesting: They were using Bluetooth technology to dodge the internet, allowing them to create a mesh network for organizing and messaging while avoiding intrusion. To create their mesh, the protestors used an app and software development kit, or SDK, called Bridgefy to […]
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Crypto-fever dreamers cheered as Hong Kong protesters suggested organizing a bank run, but apparently rioters didn’t flock to bitcoin. | Source: Shutterstock By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair […]
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The Hong Kong division of global accounting and consulting firm PwC is exploring the best practices for issuing stablecoins, as part of an initiative with the non-profit Loopring Foundation. Announced Tuesday, PwC Hong Kong’s Asia-focused study on stablecoins follows a PwC partnership in the U.S. to advise decentralized lending platform Cred, which is working on a U.S. […]
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The Hong Kong division of global accounting and consulting firm PwC is exploring the best practices for issuing stablecoins, as part of an initiative with the non-profit Loopring Foundation. Announced Tuesday, PwC Hong Kong’s Asia-focused study on stablecoins follows a PwC partnership in the U.S. to advise decentralized lending platform Cred, which is working on a U.S. […]
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