• November 15, 2024

China's Economy Shows Signs of Improvement

Chinese industrial production slowed slightly in October and the real-estate sector remained in a deep slump, new data showed. But retail sales popped higher and investment in buildings, equipment and other fixed assets held steady.

  • November 15, 2024

Hong Kong bitcoin ETFs finally see trading surge after Trump bump in the US

Surging bitcoin prices following the election of Donald Trump as the next US president have finally given Hong Kong's spot cryptocurrency exchange-traded funds (ETFs) a boost this week, with trading volume surging to a three-month high. Hong Kong's three ETFs that invest directly in bitcoin this week became active trading targets with about HK$135 million (US$17.3 million) changing hands on Tuesday. On most days since the ETFs launched in April, their total daily trading volume lingered below US