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07.09.26 - 03:00
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Hong Kong′s yuan pool is growing. Can it turn liquidity into global demand? (SCMP)
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Hong Kong's top financial regulators have urged local banks to make greater use of the city's growing pool of offshore yuan liquidity, while also flagging the need to prepare for a coming wave of autonomous AI systems used in the financial sector.
Speaking at the Hong Kong Association of Banks (HKAB) Distinguished Speaker Luncheon, Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), called on lenders to leverage their international networks to expand the Chinese......
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07.09.26 - 01:00
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Hong Kong broadens sustainable finance taxonomy framework to boost transition capital (SCMP)
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Hong Kong unveiled an expanded sustainable finance taxonomy as the city kicked off its annual Green Week on Monday, broadening the range of economic activities recognised as green or transition.
The Hong Kong Monetary Authority (HKMA) launched a public consultation on the Phase 2B prototype of its Hong Kong Taxonomy for Sustainable Finance, adding 10 activities across transportation, manufacturing and waste management.
Together with the reclassification of existing categories, the......
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06.09.26 - 23:00
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A Prevention Prescription for Hong Kong (SCMP)
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Roche Diagnostics Hong Kong general manager Ronald Lo is pushing the city beyond reactive medicine towards a prevention-led system powered by automation, AI and empowered patients.
For Ronald Lo, diagnostics are about time.
Time gained through early detection. Time saved by avoiding unnecessary treatment. Time extended for patients who might otherwise run out of options.
Since becoming general manager of Roche Diagnostics Hong Kong in 2022, Lo has pursued what he calls his “dream” for the city:......
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06.09.26 - 03:00
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Why Chelsea football shirts are making Hong Kong fans nervous about crypto laws (SCMP)
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English Premier League football club Chelsea's lucrative new front-of-shirt sponsorship deal with a stablecoin issuer has left Hong Kong fans and retailers concerned about whether wearing or selling the top counts as illegal promotion under digital currency laws.
Chelsea signed the deal with Circle to feature its USDC stablecoin brand on player jerseys for the 2026-27 season in late August, just three months after the UK's Financial Conduct Authority (FCA) warned Premier League clubs about......
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05.09.26 - 04:00
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Inside Hong Kong′s red-hot Pokemon card market, where Pikachus sell like stocks (SCMP)
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Not so long ago, Pokemon cards were little more than schoolyard treasures in Hong Kong. But the trading cards are now evolving into a sophisticated new asset class, driven by millennial nostalgia and the forces of global capital.
In today's red-hot market – where rare Pikachus sell for vast sums and crime is a real problem – a complex trading ecosystem is emerging, complete with professional grading, tokenised funds and institutional-grade storage facilities.
Pokemon card valuations have......
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04.09.26 - 14:30
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Hong Kong′s Silver Bonds draw record 480,000 bids with higher interest rate (SCMP)
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The latest round of the Hong Kong government's Silver Bonds programme has attracted a record number of subscriptions in terms of both quantity and value, as the city's elderly investors seize the opportunity to secure better returns than those offered by bank deposits.
Investors submitted 478,000 bids for HK$119.8 billion (US$15.28 billion) worth of bonds during the offering period, which ended at 2pm on Friday, according to a government spokesman.
That represented a 22 per cent rise in terms of......
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04.09.26 - 12:06
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Bargain sale, collapsed deal reflect Hong Kong′s struggling retail property market (SCMP)
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A foreclosure sale in Hong Kong's Lan Kwai Fong area and a cancelled shop transaction in North Point reflect the impact of weak consumer spending on Hong Kong's retail property market, which will remain under pressure through the end of the year, according to analysts.
The Lan Kwai Fong property, home of well-known bar Insomnia until it closed in 2024, recently changed hands for 60 per cent less than its value in a 2015 sale. Meanwhile, the deal for the large street shop on King's Road in North......
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04.09.26 - 11:06
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Can Hong Kong outshine Singapore as central banks rethink gold custody amid global risks? (SCMP)
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As the Netherlands moved gold out of the US and Canada over geopolitical concerns, attention is turning to whether Hong Kong can capitalise on central banks rethinking where they keep their bullion.
The city faces competition from Singapore, which is expected to launch central bank gold-vaulting services in October as part of efforts to cement its status as a gold trading hub in Asia.
Where central banks chose to store gold came down to three factors, said Iggy Ioppe, a Wall Street veteran with......
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04.09.26 - 10:00
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China′s AI ′little giant′ Yunxi Technology files for Hong Kong IPO: sources (SCMP)
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Yunxi Technology, officially one of China's “little giants”, has submitted a confidential initial public offering application to Hong Kong's stock exchange, according to people familiar with the matter.
The Guangzhou-based start-up was valued at 10 billion yuan (US$1.27 billion) in its latest private funding round and was working with Bocom International on the deal, aiming to raise “several hundred million [US] dollars”, said the people, who asked not to be named because of the sensitivity of......
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04.09.26 - 09:06
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Hong Kong′s 106 billionaires, Treasury yields hit recent highs: the numbers moving markets (SCMP)
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China has been expanding its outbound-investment channels, with a new quota granted and greater overseas allocation by the nation's pension fund. However, the financial world beyond the mainland is seeing volatility as US bond yields hit 20-month highs.
Here are some of the figures that have drawn the most market attention this week.
US$6.84 billion in new quotas for mutual funds
China's foreign-exchange regulator approved US$6.84 billion in new, qualified domestic institutional investor (QDII)......
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04.09.26 - 01:00
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Hong Kong poised to top New York, London in finance-hub ranking: GFCI creator (SCMP)
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An Asian city will eventually overtake London and New York as the world's leading financial centre, with Hong Kong well placed to compete for the top spot given its legal predictability and low tax burden, according to the creator of a closely watched ranking of financial hubs.
“It's going to happen because it's so tight,” said Michael Mainelli, chairman of London-based think tank Z/Yen Group, in an interview with the South China Morning Post on Tuesday, referring to the narrowing gap between......
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