香港聯合交易所有限公司(香港交易及結算所有限公司全資附屬公司)THE STOCK EXCHANGE OF HONG KONG LIMITED(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
The Stock Exchange of Hong Kong Limited
IMPOSES A DIRECTOR UNSUITABILITY STATEMENT and CENSURE against Mr Ngan Kam Biu Stanford, former independent non-executive director of Wisdom Wealth Resources Investment Holding Group Limited (Stock Code: 7).
The Director Unsuitability Statement is a statement that, in the Exchange’s opinion, Mr Ngan is unsuitable to occupy a position as director or within senior management of the Company or any of its subsidiaries.
Following disciplinary action in 2024, Mr Ngan was publicly censured by the Exchange and was directed to attend 17 hours of training on Listing Rule compliance. Despite repeated reminders, he did not comply with...
Bitcoin Magazine
BlackRock Bitcoin ETF to Become World’s Largest, Bitcoin Price Surges Above $95,000
BlackRock’s iShares Bitcoin Trust (IBIT) will become the world’s largest ETF within 10 years, Strategy Chairman Michael Saylor predicted at the Bitcoin Standard Corporations Investor Day in New York. The bold forecast comes as U.S. spot Bitcoin ETFs recorded $442 million in net inflows on Thursday, pushing Bitcoin above $95,000.
IBIT, which currently manages $54.2 billion in assets, would need to surpass the Vanguard S&P 500 ETF (VOO), which holds approximately $573.5 billion. BlackRock’s ETF has demonstrated remarkable momentum, accumulating $1.16 billion in Bitcoin purchases over just three days: $193.5 million on April 22, $643.2 million on April 23, and $327.3 million on...