According to the source, a social media post on Oct 27, 2025 claims Alibaba-backed Ant Group filed an ‘Antcoin’ trademark in Hong Kong, but independent registry confirmation is pending. Source: social media post dated Oct 27, 2025; Alibaba Group annual filing 2023; Hong Kong Intellectual Property Department trademark search. Mainland China continues to prohibit cryptocurrency business activities nationwide under the Sept 24, 2021 joint notice, pushing crypto activity to regulated offshore hubs. Source: People’s Bank of China 2021 notice on preventing cryptocurrency risks. Hong Kong operates a separate virtual asset licensing regime effective June 1, 2023, allowing compliant platforms and tokenization pilots that traders track for corporate participation signals. Source: Hong Kong Securities and Futures Commission virtual asset trading platform regime. For trading, monitor the HK trademark record for class coverage and status, any related submissions to the SFC or Hong Kong Monetary Authority, and disclosures from Alibaba Group or Ant Group, as confirmations could affect Asia-session sentiment around China tech–linked crypto narratives. Source: Hong Kong IPD trademark search; SFC and HKMA public registers; Alibaba Group filings.