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Crypto-mania grips Hong Kong in search of life beyond banks

City jumps at opportunity after China cracks down on cryptocurrency, trading

Published Mon, Sep 25, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Hong Kong

IN the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology.

Many in Hong Kong hope the city can make a similar leap. The shipping and banking hub, which has struggled for years to nurture a domestic technology industry, is embracing the blockchain revolution as it looks for new sources of growth.

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