May 16, 2024
Investment

Why do so many Hongkongers fall victim to money scams? Head of investor education body has answers

Hongkongers are knowledgeable about investments but still expose themselves to scams because they tend to forget useful advice, according to the head of a body dedicated to making residents smarter with their money. Victor Dawes, chairman of the Investor Financial Education Council, said interest in investment was prevalent in the city, but an ever-evolving list

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Crypto

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual

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