Gate News message, April 22 — RD InnoVest, a subsidiary of RD Technologies, announced on April 20 that it has obtained Type 1 and Type 4 licenses from Hong Kong's Securities and Futures Commission (SFC). Type 1 authorizes dealing in securities, while Type 4 permits advising on securities. The

Gate News message, April 22 — Hong Kong Chief Executive John Lee stated today that the suspension of the basketball betting tax policy requires careful risk management, citing concerns related to virtual currencies and illegal prediction markets. Lee emphasized that the halt is not solely about

Mainland Chinese insurers have invested over US$250 million in Hong Kong IPOs this year, led by Ping An and others, shifting toward AI, semiconductors, new energy, and biotech as regulatory changes and Beijing support promote patient, higher-return listings. Mainland Chinese insurers, including Ping An, Taikang Life, New China Life, and China Post Life, have allocated over US$250 million to Hong Kong IPOs this year, targeting AI, semiconductors, new energy, and biotech. The move is driven by low domestic rates, Beijing's long-term equity backing, and regulatory easing, reinforcing Hong Kong as the preferred listing venue and signaling patient capital from insurers.

Gate News message, April 22 — Bitfire, a Hong Kong-listed wealth management company, is acquiring a trading team and trading systems from Avenir Group, the family office founded by Li Lin, according to Bloomberg. Bitfire CEO Livio Weng confirmed the acquisition aims to expand the company's private b

Gate will host the Institutional Circle in Hong Kong to discuss AI-driven changes in crypto liquidity and market structure, with Addis Hu opening and speakers Ethan Hui and Chen Zhao, plus network sessions and a gala. Gate announces the Institutional Circle: AI Reshaping Crypto Liquidity & Market Access in Hong Kong, gathering Asia-Pacific institutional participants to discuss how AI is reshaping crypto liquidity and market structure. Opening remarks by Addis Hu; featured speakers Ethan Hui and Chen Zhao; event includes networking, practical industry discussions, and a gala dinner.

Gate News message, April 21 — The Ethereum Foundation-supported ETH HK Hub (Ethereum Hong Kong Community Center) held its opening ceremony today in Hong Kong's West Kowloon district. Ethereum co-founder Vitalik Buterin and Ethereum Foundation Chair Aya Miyaguchi attended the event and participated i

A Hong Kong woman lost 7.7 million HKD to a scammer posing as an investment expert on Telegram, promising high returns with low risk. After transferring funds multiple times, she couldn't withdraw her money, revealing the fraud. Police warned against such scams.

Hong Kong is unveiling its first five-year development plan to enhance its RMB business and wealth management hub status. Legislative reforms will improve liquidity and competitiveness, as Hong Kong seeks to strengthen its role in global finance amidst changing geopolitical dynamics.

Victory Giant Technology Huizhou's IPO in Hong Kong raised HK$2.6 billion, with shares soaring 60% at debut. The company, a top PCB supplier to Nvidia, reports significant revenue growth and plans to expand production capacity using IPO funds.

Hong Kong's Securities and Futures Commission (SFC) has established a regulatory framework for round-the-clock trading of tokenized products on licensed platforms. With 13 tokenized products and approximately HK$10.7 billion in assets, this initiative aims to integrate traditional finance with Web3 through regulated stablecoins and tokenized deposits, enhancing liquidity.