Hong Kong crypto stocks jump, OKX to invest in L1: Asia Express
OUR weekly summary of news Since East Asia curators THE industry most important developments.
Hong Kong crypto actions up 40% in the middle of Bitcoin bull runHong Kong crypto actions to have jumped as part of THE wider walk recovery. Two notable entities, allowed crypto exchange OSL And crypto guardian Sinohope Technology, to have seen weekly earnings of 46% And 36% respectively.
THE performance East all THE more outstanding given THE Hong Kong And Chinese action markets are In A in progress bear walk. THE the city-state Hang Seng Hint has fallen 24% on THE pass year And Currently trade has 2009-low.OSL And Sinohope walk caps Currently stay has $650 million And $140 million, respectively.
THE two companies are Currently concentrate on expansion partnerships with entities In traditional finance. On FEBRUARY 7, Swiss multinational bank "UBS" Hong Kong subsidiary company A choice call to guarantee on Xiaomi Company action together with OSL.
Sinohope share price recovery come After income And profits due In part has having $18.1 million value of digital assets on failed crypto exchange FTX, which are unavailable For capital deployment. THE farm remains A creditor In FTX in progress bankruptcy procedure.
Chinese telecom conglomerate Huawei has A memorandum of cooperation with Hong Kong , A digital hub together up by THE the city government has transform THE nation In A digital technology hub by attract Talent And promote innovation.
Cyberport And Huawei Cloud will work together has provide Web3 And AI Infrastructure has prominent Hong Kong technology startups For THE following three years.
"We are excited has jointly explore miscellaneous possibilities of industrial cloud innovation And related technologies, And deepening AI And THE development of THE Web3 field, And injection new momentum In Hong Kong innovation And technology ecosystem, " said Cyberport president Ximing Chen.
Jilin Shi, president of global marketing And sales services has Huawei Cloud, explain that THE business would be "continue has support THE development of start-up And cultivate regional Unicorn companies" specialization In the Web 3 And AI. "In THE pass 18 month, Huawei Cloud Cloud has help 30+ to start up companies get Series A funding, with A cumulative Rising exceeding US$100 million," Shi said.
From It is launch In 2022, Cyberport has attracted on 2,000 Web3 And AI companies has together up subsidiaries Or to relocate has Hong Kong.
Read also
FeaturesPlay2Win: How Blockchain Can Power A Paradigm Change In Building Game Savings
FeaturesWTF arrived In 1971 (And Why THE whore he imported SO a lot RIGHT now)
OKX Businesses invested $50 million In startups In 202...
OUR weekly summary of news Since East Asia curators THE industry most important developments.
Hong Kong crypto actions up 40% in the middle of Bitcoin bull runHong Kong crypto actions to have jumped as part of THE wider walk recovery. Two notable entities, allowed crypto exchange OSL And crypto guardian Sinohope Technology, to have seen weekly earnings of 46% And 36% respectively.
THE performance East all THE more outstanding given THE Hong Kong And Chinese action markets are In A in progress bear walk. THE the city-state Hang Seng Hint has fallen 24% on THE pass year And Currently trade has 2009-low.OSL And Sinohope walk caps Currently stay has $650 million And $140 million, respectively.
THE two companies are Currently concentrate on expansion partnerships with entities In traditional finance. On FEBRUARY 7, Swiss multinational bank "UBS" Hong Kong subsidiary company A choice call to guarantee on Xiaomi Company action together with OSL.
Sinohope share price recovery come After income And profits due In part has having $18.1 million value of digital assets on failed crypto exchange FTX, which are unavailable For capital deployment. THE farm remains A creditor In FTX in progress bankruptcy procedure.
Chinese telecom conglomerate Huawei has A memorandum of cooperation with Hong Kong , A digital hub together up by THE the city government has transform THE nation In A digital technology hub by attract Talent And promote innovation.
Cyberport And Huawei Cloud will work together has provide Web3 And AI Infrastructure has prominent Hong Kong technology startups For THE following three years.
"We are excited has jointly explore miscellaneous possibilities of industrial cloud innovation And related technologies, And deepening AI And THE development of THE Web3 field, And injection new momentum In Hong Kong innovation And technology ecosystem, " said Cyberport president Ximing Chen.
Jilin Shi, president of global marketing And sales services has Huawei Cloud, explain that THE business would be "continue has support THE development of start-up And cultivate regional Unicorn companies" specialization In the Web 3 And AI. "In THE pass 18 month, Huawei Cloud Cloud has help 30+ to start up companies get Series A funding, with A cumulative Rising exceeding US$100 million," Shi said.
From It is launch In 2022, Cyberport has attracted on 2,000 Web3 And AI companies has together up subsidiaries Or to relocate has Hong Kong.
Read also
FeaturesPlay2Win: How Blockchain Can Power A Paradigm Change In Building Game Savings
FeaturesWTF arrived In 1971 (And Why THE whore he imported SO a lot RIGHT now)
OKX Businesses invested $50 million In startups In 202...What's Your Reaction?
