HONG Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets. Some of China’s top asset managers are in the final leg of preparations…
(Bloomberg) Hong Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire
Hong Kong Crypto ETF Launches Will Test Ambition to Be Digital-Asset Hub bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Gold has surged to record highs above $2,400 an ounce in 2024, with China at the forefront of the remarkable ascent. Geopolitical tensions and lower US interest rates have bolstered gold s appeal as an investment. Chinese demand, spanning retail shoppers to the central bank, continues to drive the rally.