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.

Sharp falls in Hong Kong were led by its major tech firms as investors worried about more regulatory clampdowns

China's private sector, especially technology and new economy startups, relies on founders’ genius and international investors rather than state-owned enterprises

Financial services authorities have set a minimum capital requirement for lenders at a 25 billion rupiah ($1.67 million), much higher than the previous 1 billion rupiah

Officials said funding was completed on Wednesday for the second phase of the advanced manufacturing fund, which invests in Chinese innovation sectors

US and EMEA investors put a record $5.8bn into Chinese equities in June after Covid lockdowns ended in Shanghai and other cities and regulators said they would ease their tech sector crackdown

CAC said it had amassed a fraud database of 3.8 million websites and 500,000 apps. It did not specify if any are still operating or elaborate on any penalties issued

Companies will need to seek an anti-trust review about their planned mergers or acquisitions if one of the parties' global annual revenue tops 12 billion yuan ($1.79 billion)

About 240 casinos have been built in 120 Special Economic Zones in the Mekong subregion and some of these enclaves have become hubs of serious criminal activity, the UNODC says

Chinese tech shares in Hong Kong rose after President Xi Jinping chaired a meeting that backed support for fintech firms. Alibaba jumped 6.4%, and Chinese automakers also shone.