Connect with us

Technology

BIT Securities Makes Official Debut as BIT Opens Hong Kong Stock Trading

Published

on

GELEPHU MINDFULNESS CITY, Bhutan, Oct. 12, 2026 /PRNewswire/ — BIT, a digital asset financial services group, today announced that Hong Kong stock trading is now open. Its securities business is also debuting under a new business brand, “BIT Securities.” This marks BIT Securities’ evolution from a U.S. equities offering into a cross-market financial services platform providing access to U.S. stocks, Hong Kong stocks and digital assets.

Invest in Hong Kong and U.S. Stocks with Stablecoins: One-Stop Access to Global Assets

The initial phase of BIT Securities’ Hong Kong stock service covers trading in all stocks listed on the Main Board and GEM of the Hong Kong Stock Exchange, along with core features such as IPO subscriptions and margin trading. Users don’t need to open a bank account or convert to Hong Kong dollars. They can deposit and withdraw 24/7 in USDT/USDC, with funds arriving in as little as seconds. Existing BIT U.S. stock users can turn on Hong Kong stock trading directly and allocate across U.S. stocks, Hong Kong stocks and digital assets in one place. They can manage major global assets easily, without moving funds between platforms or rebalancing.

This upgrade comes from ongoing attention to user needs and reflects BIT Securities’ continued work to deepen its business capabilities. Since launching U.S. stock trading in February 2026, BIT Securities has added U.S. stock margin trading, short selling and options trading within eight months. With Hong Kong stock trading now live, BIT Securities has completed a closed loop for diversified allocation across U.S. stocks, Hong Kong stocks and digital assets. It continues to drive cross-sector financial innovation at Web3 speed.

Licensed Institutions Handle Execution and Custody, Supporting Real Shareholder Rights

On compliance and asset security, BIT Securities keeps the same institutional-grade standards as its U.S. stock business. Its Hong Kong stock business is operated by Matrix Gelephu Pte. Ltd., a wholly owned subsidiary of BIT that is licensed by the Gelephu Financial Services Office (GFSO) in GMC, Bhutan. Trade execution and custody are provided by Atomic Vaults Asia, a broker licensed by the Hong Kong Securities and Futures Commission (SFC) for Type 1 regulated activity (dealing in securities). Under this structure, users are the beneficial owners of the Hong Kong stocks they hold. They are entitled to the corresponding shareholder rights, including dividends and voting rights, subject to applicable laws, market rules and intermediary arrangements, and assets are held within a clear legal and regulatory framework.

Seven Years of Institutional-Grade Experience: Living Up to the Name “Securities” and Supporting Global Asset Allocation

The debut of the BIT Securities brand marks the evolution of the business. It also reflects BIT’s understanding of what assets are and what finance is for. BIT has always believed that stocks are an important way for investors to take part in a company’s growth and share in its results. A stock’s value is closely tied to the company’s operations, its corporate governance and its shareholders’ rights. For BIT Securities, the word “Securities” stands for a clear custody structure, transparent disclosure, and real ownership rights that can be verified and traced.

BIT has served institutional clients for more than seven years. Throughout, it has treated asset security, prudent risk management, compliant operations and transparency as its bottom line. BIT Securities is now turning the institutional-grade capabilities and compliance framework it has built over the years into a convenient, seamless product experience. It is bringing asset allocation tools and security safeguards once mainly reserved for institutions and high-net-worth individuals to individual investors, making asset allocation tools more broadly accessible.

Elio Cui, Head of BIT Securities, said: “The launch of Hong Kong stock trading further strengthens BIT’s cross-market service offering. Built on BIT’s unified underlying account system, it allows investors to allocate across U.S. stocks, Hong Kong stocks and digital assets more efficiently and flexibly. We want to break down the high barriers of traditional finance, so that ‘global asset allocation’ is no longer reserved for a few institutions and high-net-worth individuals, but is within reach of more ordinary investors.”

Limited-Time Launch Offers

To mark the launch of Hong Kong stock trading, BIT Securities is introducing a series of limited-time offers. From now until November 11, 2026, eligible users can enjoy zero-commission Hong Kong stock trading, zero interest and zero subscription fees on margin IPO subscriptions, an HK$100 Hong Kong stock platform fee voucher, and a Hong Kong stock Level 2 market data card, among other benefits. Eligibility, offer details and distribution rules are subject to BIT Securities’ official announcements.

About BIT Securities

BIT Securities is dedicated to providing global investors with a secure and efficient one-stop U.S. and Hong Kong stock investment service. With zero-commission U.S. stock trading and a transparent, low-cost fee structure at its core, the platform covers over 10,000 U.S.-listed stocks and ETFs, and innovatively supports near-instant stablecoin (USDT/USDC) deposits and withdrawals alongside traditional USD wire transfer. This allows users to transfer funds seamlessly without relying solely on traditional banking channels, while providing access to shareholder rights, including dividends and voting privileges. In September 2026, BIT Securities launched access to Hong Kong-listed stocks, with the initial phase supporting Main Board and GEM-listed stocks, IPO subscriptions, and margin trading on the Hong Kong Stock Exchange, further expanding investors’ cross-market investment options.

This business is operated by Matrix Gelephu Pte. Ltd., an entity part of BIT (formerly Matrixport) Group, under its license from the Gelephu Financial Services Office (GFSO) in Bhutan. It provides eligible clients with access to U.S. and Hong Kong equity trading services. U.S. equity transactions are executed and cleared through U.S.-registered broker-dealer partners, while Hong Kong equity market access and related brokerage services are provided through a partner broker licensed by the Hong Kong Securities and Futures Commission (SFC) for Type 1 regulated activity (dealing in securities).

Founded in 2019, BIT is a premier global digital asset financial services group bridging traditional finance and digital markets. BIT manages over US$6 billion in assets under custody and management, driving a monthly trading volume exceeding US$7 billion (as of Q4 2025).

Official Website:https://www.bit.com/

Disclaimer: Hong Kong equity trading services are not available to Hong Kong residents or users in other restricted jurisdictions.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bit-securities-makes-official-debut-as-bit-opens-hong-kong-stock-trading-302905334.html

SOURCE BIT

Continue Reading

Technology

Hon Hai Technology Group (Foxconn)’s Kathy Yang Honored In Most Powerful Women Asia 2026 By Fortune

Published

on

By

Technology sector leadership showcases Asia’s formidable strength

TAIPEI, Oct. 12, 2026 /PRNewswire/ — Reflecting responsibilities that sit at the intersection of the physical industrial world and the AI world for the largest electronics manufacturer and AI server provider on the planet, Kathy Yang of Hon Hai Technology Group (Foxconn) (TWSE:2317) has been recognized in Most Powerful Women Asia 2026 by Fortune, for a second year.

As General Manager of Global Campus Operations and Head of AI Software Business and AI Infrastructure for Foxconn, Yang joins 16 honorees from technology, the most represented sector in this year’s prestigious list, ahead of banking with 14. Their presence reflects the increasingly central role technology plays in Asia’s economy, as businesses spanning digital platforms, advanced manufacturing and other technology-driven industries grow in scale and influence.

“What stands out in this year’s ranking is how the landscape of business power in Asia is evolving,” said Charmian Choo, Asia list Senior Manager. “We see established leaders continuing to shape some of the region’s largest companies, alongside a new generation rising through the ranks. The prominence of technology is particularly striking, reflecting the sector’s growing influence on Asia’s economy and the women increasingly at the forefront of that transformation.”

“Women in leadership play an important role in the AI industrial revolution. The real challenge is not deploying technology, but redesigning work, investing in reskilling, and helping our global talent of women and men evolve with it,” said Foxconn’s Yang, whose remit includes Foxconn’s more than 240 sites across 24 countries. “Five years from now, the best factories will not simply be the most automated, but those where humans, AI and robots make one another better.”

Earlier this year, Yang was recognized among Fortune’s Most Powerful Women in Business 2026. Her work combines Foxconn’s global manufacturing scale, engineering capabilities and operational know-how with software, data, computing infrastructure and AI.

Yang previously served as Foxconn’s Rotating CEO, the first woman to hold the role, during which she focused on strengthening enterprise-wide execution, cross-business alignment, and governance discipline across one of the world’s largest and most complex industrial organizations. She is concurrently a Board Director of Foxconn Industrial Internet (FII) and Chairwoman and CEO of JUSDA, both key units of Foxconn.

About Fortune MPW Asia here.

About Foxconn here.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hon-hai-technology-group-foxconns-kathy-yang-honored-in-most-powerful-women-asia-2026-by-fortune-302905402.html

SOURCE Hon Hai Technology Group (Foxconn)

Continue Reading

Technology

SPS 2026: Phoenix Contact to showcase smart automation solutions for the industry of the future

Published

on

By

BLOMBERG, Germany, Oct. 12, 2026 /PRNewswire/ — Phoenix Contact will be showcasing the latest technologies for a digital and future-viable industry at SPS 2026, which will take place from November 24 to November 26, 2026, in Nuremberg, Germany. The focus in Hall 9, Booth 310, will be on developments in the areas of industrial AI, PLCnext Technology, cybersecurity, and field and control cabinet automation.

The central element of the trade show booth will be a conveyor belt application. Its role is to transport water bottles on workpiece carriers so that the bottles can be filled immediately with water. The conveyor belt is automated using Phoenix Contact’s entire product portfolio for control cabinet and field installations. For the field level in particular, there are numerous new products, including power supplies, device protection, and motor starters with IO-Link interfaces.

The technology section of the trade show booth will focus on the open PLCnext Technology automation platform. Virtual PLCnext Control is the ideal software-based solution for any operators wanting to decouple automation functions from the hardware. It can run on existing industrial PCs, edge devices, and server infrastructure. Security routers provide comprehensive protection for machines and systems in accordance with the CRA and the Machinery Regulation. In addition, all products will be made available in a CRA-ready format by the deadline. Industrial AI is integrated throughout the entire value chain – from planning and commissioning using the PLCnext Engineer engineering tool, through operation with the MLnext software package, and maintenance with diagnostic capabilities via the MCP interface.

Furthermore, Phoenix Contact is the ideal partner for control cabinet building, taking a holistic approach to the entire process and providing comprehensive support. From engineering through to final assembly, our experts provide support throughout the entire process. These solutions connect engineering, procurement, assembly, marking, wire preparation, and wiring to form a single, end-to-end process. This results in streamlined processes, optimized interfaces, and greater efficiency throughout the value chain.

Alongside the technologies on display, Phoenix Contact will be providing guided tours of its booth at SPS 2026. Participants will gain in-depth insights into selected technologies, practical applications, and future concepts. An informative stage program will highlight a range of subjects including AI, virtualization, cybersecurity (featuring a live hacking demonstration), Power Reliability, and Push-X technology. And, naturally, the experts at Phoenix Contact are looking forward to one-on-one discussions regarding the current challenges and opportunities facing the industry of tomorrow.

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/sps-2026-phoenix-contact-to-showcase-smart-automation-solutions-for-the-industry-of-the-future-302899747.html

SOURCE Phoenix Contact

Continue Reading

Technology

HKTVmall Thankful 2026 Offers Selected products from about 22% of the original price

Published

on

By

Daily storewide discounts from popular merchants — as low as 50% off
29 merchants offer storewide discounts again at the same time
(Promotion period: 12 October – 12 November 2026)

HONG KONG, Oct. 12, 2026 /PRNewswire/ — To thank customers for their long-standing support, HKTVmall will run HKTVmall Thankful 2026 from 12 October to 12 November 2026, with two main offers:

Hit 1: Brand Thank You Days — one merchant storewide discount each day

During the promotion, HKTVmall brings together popular brands and merchants across home & furniture, toys & books, health & wellness, supermarket, skincare & beauty, and pet supplies. From 12 October to 9 November, a different merchant offers a storewide discount each day — as low as 50% off storewide, with selected spotlight products from about 22% of the original price.

Hit 2: HKTVmall Thankful 2026 Free Gift Giveaway — eight merchants take turns

Each week, two merchants give away high-value free gifts, covering 11 popular brands in total. Highlights include Colgate, Glad & Clorox, Sensodyne, Walch and Darlie toothpaste:

Spend HK$395 on designated Colgate toothpaste and receive a neck & shoulder massager, a LuLu the Piggy cooling blanket, tissues, soft drinks and laundry pods (total value over HK$1,200)Buy 6 designated single tubes of Sensodyne toothpaste and receive a 26 cm frying pan plus dishwashing liquid, kitchen paper and other daily essentials (total value over HK$350)Spend HK$299 on Walch & Ouji Sekken products and receive peanut oil, chicken wings and cleaning products (total value over HK$200)Spend HK$399 on Darlie toothpaste products and receive a 24-inch suitcase, a Yohome health pot, paper products and drinks (total value over HK$800)Free gifts are limited and available while stocks last.

Extra deal: HK$99 below-cost supermarket lucky bags

Each lucky bag is packed with popular supermarket items — rice, oil, frozen meat, seasonings, instant noodles, tissues, cleaning products and more — sold at a below-cost price. Bags worth up to HK$168 after usual discounts are all priced at HK$99, beating traditional supermarket prices. A new lucky bag launches every Monday; customers can check the current bag on the HKTVmall App or social media.

Official campaign site (detailed info to be updated on 12 October):

https://cloud.marketing.hktvmall.com/ECMKG_2026Oct_thankful_mainpromosite/

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/hktvmall-thankful-2026-offers-selected-products-from-about-22-of-the-original-price-302905342.html

SOURCE HKTVmall

Continue Reading

Trending