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ETF abnormal movement | Cryptocurrency market plunges across the board, Bosera Bitcoin (03008) falls over 5%, Huaxia Ethereum (03046) both fall over 5%
Cryptocurrency ETFs lead the decline. As of the time of writing, Bosera Bitcoin (03008) fell by 5.18%, to 5.585 Hong Kong dollars; while Huaxia Ethereum (03046) fell by 5.1%, to 4.65 Hong Kong dollars.
Cryptocurrency ETFs lead the decline, as of the time of publication, Bosera Bitcoin (03008) fell 5.18%, trading at 5.585 Hong Kong dollars; Huaxia Ethereum (03046) fell 5.1%, trading at 4.65 Hong Kong dollars; Bosera Ethereum (03009) fell 5.19%, trading at 1.498 Hong Kong dollars; Huaxia Bitcoin (03042) fell 3.96%, trading at 8.855 Hong Kong dollars. On the news front, on May 28th, the cryptocurrency market plunged across the board. As of the time of publication, Bitcoin dropped below $73,000, falling over 3% intraday to a new low since April 13th; Ethereum fell nearly 5%. It was reported that the Iranian Islamic Revolutionary Guard Corps Department of Public Relations issued a statement on the 28th, stating that in the early morning, the US military carried out an airstrike on a location in the suburbs of Abbas Port, and subsequently, the Islamic Revolutionary Guard Corps retaliated against the US military airbase that launched the attack. In addition, the Chief Market Strategist at JonesTrading previously stated that global bond markets are experiencing sell-offs, pushing up interest rates and exacerbating risk-off sentiment in high-risk assets including cryptocurrencies.
Ocorian appoints Francel Fullard as Head of Private Client Services in Hong Kong to strengthen its capabilities in Asian family wealth management services.
Hu Lian appointed Avishek Ghosh as Chief Data and Analytics Officer for the Asia-Pacific region.
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