Hong Kong

Kling AI, a subsidiary of Kuaishou, plans a $1 billion IPO with the help of CICC, Goldman Sachs, and UBS.

Moonshot AI has reached a valuation of $50 billion and plans to go public in Hong Kong in early 2027.

HSBC introduced the RedCoin stablecoin with a launch in the second half of 2026, aimed at transfers and payments.

Starting September 28, Hong Kong regulators are implementing strict reporting rules for crypto firms aimed at enhancing market integrity and trust.

In Hong Kong, an elderly man lost over 13 million Hong Kong dollars due to a fake crypto app scam.

Shares of Chinese company Z AI rose by nearly three percent. Trading is taking place on the Hong Kong Stock Exchange.

Chinese online retailer Shein has completed its IPO on the Hong Kong Stock Exchange.