Chinese regulators likely to fine Ant in the second quarter of next year for 'disorderly expansion of capital', once the fintech giant nears the end of a major two-year-long overhaul, sources say
Genesis Block says it will be closing down its over-the-counter trading portal on December 10
SoftBank's Vision Fund is the second-largest shareholder of Paytm, whose shares have tumbled more than 60% since it went public a year ago
Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities
The government will also review property rights for tokenised assets and explore legalising so-called smart contracts
COO Alex Hungate, a veteran of the financial services, logistics and food sectors, has spearheaded a push away from low-margin business lines as Grab races to turn profitable.
The city will scrap its hotel quarantine policy for all arrivals from Sept 26. All arrivals will be able to return home or go to accommodation of their choice, but must self monitor for 3 days
Shares slide on most Asian markets on Monday, as the dollar climbed, but shares rose in China after cuts in its benchmark lending rates
Gaming giant suffered its first quarterly sales fall on Wednesday and has been hit hard by Beijing's clampdown on game approvals and playing time, not to mention Covid lockdowns
Trading in the Hong Kong digital bank's stock, which was regularly noted on Reddit's WallStreetBets this week, has seen its market cap pass Goldman Sachs since listing last month
Hong Kong's benchmark Hang Seng Index climbed by 1.7% in afternoon trading, while the blue-chip CSI300 Index was 0.6% higher
AMTD's shares have surged 9,413% since they were listed on the New York Stock Exchange on July 15.