HKD/XAU Price & Performance (HKDXAU)

BlackRock has launched its first bitcoin exchange-traded product (ETP) in Europe, marking a significant step in the cryptocurrency market. Trading under tickers IB1T and BTCN, the ETP offers institutional investors exposure to bitcoin's price in a regulated framework. The move underscores growing acceptance of bitcoin as a mainstream asset.1

Hyundai Motor Group has announced a $21 billion investment to expand its operations in the U.S., focusing on electric vehicle production and infrastructure. This commitment aims to enhance Hyundai's competitive edge in the U.S. auto market, aligning with global shifts toward sustainability and innovation in the automotive sector.2

Vietcombank reported mixed movements in currency exchange rates on March 25. The U.S. Dollar and Australian Dollar appreciated slightly, while the Euro, British Pound, and Japanese Yen saw declines. These fluctuations reflect broader market dynamics, underscoring the volatility in global currency markets influenced by economic forces.3