23 January 2025

New Chinese investment guidelines aimed at opening financial markets have raised hopes that mainland residents in the Greater Bay Area could soon invest in cryptocurrency-related products in Hong Kong such as bitcoin exchange traded funds (ETFs). The People’s Bank of China (PBOC) and four other financial regulators announced on Wednesday that they will “optimise” the […]

South Korea’s SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence (AI) chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung. Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, dropped 3 per cent on Thursday as the company

Chinese live-streaming e-commerce firm East Buy saw sales at its online store on WeChat cross the 1 million yuan (US$136,586) mark on Monday, with more than 80 per cent of transactions made through the app’s gift-giving feature, according to a report by local media outlet National Business Daily, citing company sources. The feature enables shoppers