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Hong Kong stablecoin market attracts top mainland investment funds

Bitcoin Goes East: Major Chinese Asset Manager Unveils Spot ETF

Harvest Global Investments (HGI), a prominent Chinese asset manager, has reportedly submitted an application for a Bitcoin spot exchange-traded fund (ETF) to the Securities and Futures Commission of Hong Kong. This filing could lead to the city's inaugural Bitcoin spot ETF if it receives approval. HGI anticipates rolling out the…

Hong Kong Stablecoin Push Attracts One of China s Top Fund Firms

(Bloomberg) A push in Hong Kong to roll out rules for stablecoins as soon as this quarter has drawn interest from companies including the international arm of major Chinese asset manager Harvest Fund Management Co., people familiar with the matter said.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetEvergrande Set for Liquidation as China Property Crisis Drags OnTrump Cash Stockpile at Risk From $450 Million Dual VerdictsBlackstone Is Building a $25 Bill

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