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Hong Kong to launch Asia’s first inverse Bitcoin ETF – Cointelegraph

On July 23, the CSOP Bitcoin Futures Daily (-1x) Inverse product (7376.HK), Asia’s first Bitcoin futures inverse product, will be launched in Hong Kong. A new exchange-traded fund (ETF) from CSOP Asset Management, one of China’s largest asset managers, aims to give investors a way to profit from falling Bitcoin (BTC) prices. The development follows […]

Hong Kong Liquidation Suits Spell More Trouble for Chinese Real Estate Industry

A Hong Kong court last week heard four cases against Chinese property developers that had been ordered bankrupt by creditors, the highest number of cases ever brought before the court at the same time. The surge in liquidations means more trouble for China’s property market, which has been on the brink of collapse for years. […]

Tiananmen Square commemorated abroad as Hong Kong security law suppresses annual vigil

China has discouraged large-scale commemorations at home for the Tiananmen Square massacre, making commemorations outside China important to mark the event’s historic anniversary, which marks 35 years on Tuesday. On June 4, 1989, government forces opened fire on pro-democracy protesters in Beijing’s Tiananmen Square, killing hundreds, possibly thousands. In Hong Kong, annual vigils that have […]

Hong Kong police arrest six people under new security law | Hong Kong

Hong Kong police have arrested six people, marking the first time that Hong Kong’s new national security law (Article 23) has been used against suspects since it came into force in March. The six, aged between 37 and 65, are accused of publishing messages with inflammatory intent ahead of a “looming important date”, a police […]

YouTube blocks videos set to Hong Kong protest anthem | Hong Kong

Alphabet Inc.’s YouTube said on Tuesday it would block access in Hong Kong to 32 video links deemed prohibited content following a court ruling, a move that comes amid a security crackdown on freedom in the financial hub. Critics argue that it is a blow to the government. The case follows the Hong Kong Court […]

UK Arrests Three Men Accused of Spying for China-Controlled Hong Kong

LONDON (AP) – British police have charged three men with aiding Hong Kong intelligence, amid growing concerns that a hostile state is trying to interfere in Britain’s democracy and economic life. The three were among 11 people arrested by counter-terrorism police in Yorkshire and London earlier this month, using new legislation that allows suspects in […]

Hong Kong calls for respect of trade offices after UK staffer charged

Chief Executive John Lee called for respect for Hong Kong’s Overseas Trade Department after a London official was charged with spying. Mr Lee said the unfair allegations against Hong Kong were unacceptable and called on Britain to explain the charges. He expressed the role of the Department of Trade in promoting relations and warned against […]

Three men accused of aiding Hong Kong intelligence service appear in London court | UK news

A Hong Kong trade official working in London has appeared in court alongside border force and immigration officials accused of surveillance, surveillance and harassment of British democracy activists. Mr Chong Biu Yuen, 63, Mr Chee Leung “Peter” Wai, 38, and Mr Matthew Trickett, 37, illegally supported Hong Kong intelligence services and He has been charged […]