Their people had no choice than to move out of their home country. Hong Kong is a very friendly place for investors where you can register your own business for as low as 1000$. Given the immense wealth of Chinese investors, moving to Hong Kong was a sweet deal. The price of Bitcoin was lower in Hong Kong and higher worldwide, so they made even more money through arbitrage. If in future my country bans bitcoin, I will consider relocating to one of the aforesaid nations.

Singapore and Hong Kong are very open to any business as long as it is profitable and not harmful to the public.

many people from Southeast Asian countries are investing their money in the country of Singapore, including investment crypto, gold, diamonds and others.

Yes indeed hongkong and singapore are welcoming crypto looking at the rise in number of companies  launching ico. They have proved to foster the chinese bitcoiners since china have shut down exchange sites. Singapore was the "3rd largest ICO launch pad" last year. Hong Kong investors is said to acquire some of China's bitcoin exchange.

I think that soon China can put pressure on Hong Kong and force them to block bitcoin. Then all bitcoin holders will have to flee to South Korea

hongkong and singapore is a country that approves cryptocurrency and investment land for investors because the country's regulatory regulations are not difficult.

Singapore and hongkong are great for Chinese bitcoin exchange places, and I think china will regret not managing or using bitcoin and Blockchain technology.

I think if someone wants to earn big money from Bitcoin, Hong Kong may be better than Singapore, because politically speaking  Hong Kong is still a part of China. In Hong Kong people can keep close connection with China but still keep freedom of action. If blockchain/cryptocurrency can really help Hong Kong for its prosperity, China government will support it even it bans blockchain/cryptocurrency in China. Of course I must say in Hong Kong risk of political intervention from China is a bit high.

For Singapore, people should keep more freedom than in Hong Kong. But there are many competitors around Singapore, and the prosperity of Singapore will be affected by the prosperity of China(The Belt and Road Initiative). We should pay some attention on this.

Ico ban is found around several countries in the world, the regulations were under jurisdiction on several countries. This is to have a healthy environment for the growth of technology along with the legitimacy in functioning. Because, over the past lots of ico go as a scam cheating the investors who cannot do anything once lost.