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Hong Kong Exchanges and Clearing (HKEX), which operates Hong Kong’s stock exchange, booked a record profit of HK$13.1 billion, boosted by 71 new companies joining the exchange and a late-year rally after Beijing promised a major economic stimulus for the mainland.
The city of Hong Kong, facing a fifth budget deficit in the last six consecutive years, plans to chop 10,000 government workers from its payroll and embrace artificial intelligence (AI) to boost its economy.
Right now there’s no question that Hong Kong is friendlier to crypto companies and web3 development than New York, or the Biden Administration in general.
It’s hardly a secret that though China officially banned bitcoin mining in 2021 and cracked down on cryptocurrencies, Chinese investors have continued to find ways to participate.
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Join us on September 28th on the Four Corners of Freedom, John and Crown St. in Kingston, NY at 2pm for our annual peace rally.
Judge Andrew Napolitano, Scott Ritter, Max Blumenthal, Anya Parampil and Gerald Celente
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