Hong Kong

GBA Business Confidence Index increment on record high

Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The

Coinweb has closed $2M fundraising round from Sava Investment Management

Coinweb, a layer two cross-chain computation platform, has been in development since 2017. Some of the founders, early contributors, and previous team members who are no longer actively involved in the project have agreed to sell their holdings. Hong Kong, 5th April 2023 -SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens. Johan Ditz Lemche, Managing Director of SAVA Investment Management, said “We are delighted to support and

Don’t Fear the FUD

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

Paribus: All To Play For.

All To Play For While many people in crypto, especially those on YouTube, focus on technical analysis to predict market trends, we prefer to zoom out and see the broader context. While charts can be helpful, much stronger headwinds often override them. This is especially true when it comes to the present geopolitical situation. Of all the lessons learned in 2022 the most valuable one is that although there are several risk factors inherent to the crypto market itself, it’s also vulnerable to more widespread market moves. Also, due to

Blockpass and Avalanche Secure Dapps, Enable Digitization of Assets

HONG KONG, Feb 17, 2023 - (ACN Newswire) - A new partnership, between digital identity verification provider Blockpass and Avalanche, a high-performance smart contracts platform, is revealed today as both companies seek to further the safety, security and capabilities of the blockchain ecosystem. As part of this partnership, Blockpass will be integrated with Avalanche for KYC and AML verification. Through this, Avalanche will also enjoy Blockpass' new feature that allows users to certify their ownership of their digital wallets, providing a market suitable for Unhosted Wallets thanks to Blockpass' Unhosted

Take A Chance, Be The Pioneer Of The New Era With Nibiru

HONG KONG, Oct 26, 2022 - (ACN Newswire) - With the continuous development of technology and Internet applications, the world wide web had evolved from WEB1.0 (read-only web), WEB2.0 (participative social Web) to WEB3.0 metaverse (read, write, execute Web). The unique features of metaverse - Digital Avatar, Community Driven, Immersive, Low Latency, Creator Economy, Diversity, Openness & Persistence enable you to be who you want to be, create what you want, where you want, for whom you want, and how you want. Nibiru is a Web3 platform, and a network

Find and Join New IDOs through Uplift, Verified by Blockpass

HONG KONG, Sept 19, 2022 - (ACN Newswire) - Compliance provider and expert Blockpass is proud to reveal its new partnership with Uplift, an IDO launchpad platform that facilitates and accelerates the launch of innovative blockchain projects. Besides providing KYC options for Uplift's platform, in this exciting new partnership Blockpass and Uplift will be conducting AMAs, giveaways and rewarding both LIFT tokens and facilitating IDO access to Blockpass users. Uplift is an award-winning investment platform that incubates, launches and accelerates blockchain-based projects, such as crypto, DeFi, Web3.0, GameFi, NFT and

Metaverse GigaSpace Forms Strategic Partnership with UCOLLEX

The Animoca Brands backed NFT platform will join "Project Spaceport" to bring more brands & IPs to Web3 Metaverse HONG KONG, May 23, 2022 - (ACN Newswire) - Virtual space metaverse GigaSpace (https://www.gigaspace.io/), today announced it has formed a strategic partnership with UCOLLEX (https://ucollex.io/), an innovative NFT platform focused on art and pop culture collectibles. UCOLLEX will join "Project Spaceport", an initiative GigaSpace launched with MADworld (https://madworld.io/)previously, with the aim to bring in more intellectual properties and brands into the Web3 space. Project Spaceport Project Spaceport will be a cultural

CCMGT Awarded the “ListCo Excellence Awards 2021”

HONG KONG, Dec 9, 2021 - (ACN Newswire) - CENTRAL CHINA MANAGEMENT COMPANY LIMITED ("CCMGT" or the "Company", stock code: 9982.HK) is pleased to announce that the Company has been recently awarded the "ListCo Excellence Awards 2021", proving that the Company has been recognized by the commercial circles and investment industry for its outstanding results performance. The winners of the same period include Sun Hung Kai Properties, Cheung Kong Holdings, MTR Corporation, China Resources Beer, Ping An Good Doctor, etc.The "ListCo Excellence Awards 2021" was co-organised by Hong Kong media

‘Triad’ members kidnap and torture Hong Kong crypto trader who manages to escape

A 39-year-old Hong Kong man was kidnapped and held for ransom last week after meeting a Tether buyer in Kowloon Bay.  The man was taken inside an industrial facility, assaulted, and forced to hand over his phone and trading platform passwords.  He was held captive for about a week at Tai Po, northern Hong Kong. His kidnappers demanded HK$30M from his family.  His relatives contacted the cops on Nov. 9, 2021. The police then stormed the house where the victim was being held, but he managed to flee through a

Blockpass Completes Integration with Polygon, Enhancing Cross-Chain KYC Offering

HONG KONG, Nov 5, 2021 - (ACN Newswire) - Blockpass is proud to announce its recent integration with Polygon, the interoperability and scalability solution. Blockpass will provide essential KYC services for the Polygon protocol and framework as it is used to build and connect Ethereum-compatible blockchain networks. As part of this integration, the Blockpass Mobile App has already been updated to support Polygon crypto addresses. Polygon has progressed rapidly in its mission to solve major blockchain issues and pain points like high gas fees and slow speeds, without sacrificing on