Anthropic has escalated enforcement of geographical restrictions on Claude in Hong Kong, suspending accounts of users who accessed the service through VPNs after months of use. The crackdown follows Anthropic's accusations that Chinese AI labs used fraudulent accounts and proxy networks to extract Claude outputs for model training, amid broader geopolitical tensions over AI development.
X users discuss Ethereum price movements and liquidation levels around $2,600-$2,750. A financial analyst predicts Quant will become a critical orchestration layer for tokenized deposits across major financial infrastructure in Japan, Canada, Europe, UK, and Hong Kong, following The Clearing House's recent integration.
New World Development, a heavily indebted Hong Kong property developer, terminated its operating rights for a shopping mall next to Hong Kong airport, booking a $2.3 billion early termination charge. The company expanded its loan facility by HK$1 billion and posted a net loss of HK$28.1 billion for the year, though management expects improved cash flow ahead.
Hong Kong's IPO market surged in the first nine months of 2026, with 112 companies raising US$48.4 billion on the main board—doubling from the prior year and reaching the highest level since 1980. Though trailing Nasdaq's US$144 billion (boosted by SpaceX's record US$86.2 billion offering), Hong Kong outpaced the NYSE and is positioned for strong year-end activity with over 500 companies in its listing pipeline.
Scammers used AI deepfakes to deceive a director at Intesa Sanpaolo's Fideuram division into authorizing €95 million in fraudulent transfers. Although over half the funds were recovered through international cooperation, approximately €36 million remains missing.