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August 2024: Hong Kong

The Hong Kong tech news snapshot is admittedly brief for August 2024, touching only on: gallium-nitride semiconductor materials; bitcoin and ether trading in Hong Kong; and HSBC’s opinion of asset tokenization risks in the context of quantum computers.

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HSBC Asset Tokenization

HSBC: Asset Tokenization in the Quantum Age

Crypto: “3 spot bitcoin ETFs available in HK plunged 14% to 17% in price on Monday, while the city’s 3 spot ether ETFs all took a nosedive of more than 25%.” / full item

  • Hong Kong: Futu Securities, the city’s largest online brokerage, enters crypto by enabling retail Bitcoin and Ether trading, Bitcoin deposit bonuses and more / full item
  • Hong Kong: MassPhoto and HKSTP prepare for first production line of gallium nitride wafers, touted as a next-gen semiconductor material, targeting 10K units annually by 2027 / full item
  • Real Madrid Next Accelerator for Asia unveils 7 startups selected for collaboration / full item
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