Hong Kong, China and a footballing dilemma
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Bitcoin and Ether spot exchange-traded funds (ETFs) are set to receive the final approvals in Hong Kong as early as Monday next week. According to a recent Matrixport report, these investment products could unlock up to $25 billion in demand from Chinese investors through the Southbound Stock Connect program. However, the latest revelations and clarifications […]
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Hong Kong welcomes family offices provided they are run by ‘legitimate’ businessmen, leader John Lee says
Hong Kong should attract family offices provided that they are run by “legitimate businessmen” with “legitimate money,” the city’s Chief Executive John Lee has said after a Dubai sheikh’s proposal to set up a family office drew suspicion. Lee said on Tuesday that cities around the world strove to attract high earners to set up […]
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Security law: EU parliament calls for sanctions on Hong Kong leaders; city slams ‘hypocrisy with double standards’
The Hong Kong government has “strongly opposed” a resolution adopted by the European Parliament, which condemned the enactment of the city’s domestic security law and called for sanctions against Chief Executive John Lee and other government officials. The European Union had made “exaggerating remarks” and demonstrated “typical political hegemony and hypocrisy with double standards” with […]