South Korea details more “abnormal” foreign exchange transactions, most related to crypto, bringing the total to $7.2B since June; 72% went to Hong Kong (Kyungji Cho/Bloomberg)

Newley Purnell / Wall Street Journal:
Hong Kong officials and legislators criticize Google over a pro-democracy song, “Glory to Hong Kong”, appearing among the top results for the national anthem  —  Officials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song made popular by antigovernment protesters

Zinnia Lee / Forbes:
Hong Kong-based digital payments startup Reap, which is developing tools for Web3 companies, raised a $40M Series A led by Acorn, Arcadia, and HashKey  —  Reap, a digital payment company based in Hong Kong, has netted $40 million in a funding round aimed at developing infrastructure …

Bloomberg:
About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits  —  About 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges, sending shares surging.

Bloomberg:
About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits  —  About 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges, sending shares surging.

Bradley Saacks / Semafor:
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX executives left for Hong Kong and elsewhere in recent days  —  Bradley is a Business & Finance reporter for Semafor, joining us from Business Insider.  Sign up for Semafor Business to get his scoops and coverage of the industry.

Jonathan Burgos / Forbes:
Hong Kong-based XanPool, a cross-border payments infrastructure provider for both crypto and fiat currencies, raised $41M in Q2 2022 at a $400M valuation  —  XanPool—a cross-border payments infrastructure provider—is accelerating expansion plans across Europe, Middle East …