HONG KONG

Market Infrastructure

LSEG Explores 24-Hour Trading, Prompting Debate in Hong Kong

By Manesh Samtani | 22/07/2025

The move is a response to rising demand from retail investors and follows similar initiatives by US exchanges, prompting debate in other financial centres.

Crypto / Digital Assets

HKMA to Adopt Invitation Only System for Stablecoin Licensing - Report

By Sanday Chongo Kabange | 22/07/2025

The HKMA will reportedly only issue an application form after a potential applicant has been pre-screened and gained "basic recognition" during initial vetting.

Enforcement

Hong Kong Court Bans Former First Credit Director for Seven Years

By Sanday Chongo Kabange | 22/07/2025

The SFC secured the order for breaches involving an undisclosed de facto director and misleading fundraising announcements

Fintech / Regtech

Hong Kong Privacy Watchdog Probes Louis Vuitton Data Breach

By Manesh Samtani | 21/07/2025

The investigation follows the luxury brand's disclosure of a multi-country cyberattack that compromised the personal data of customers across Asia.

Capital / Liquidity

HKMA Issues Updated Guidance on IRB Model Validation

By Sanday Chongo Kabange | 21/07/2025

The updated guidance introduces stricter requirements on data architecture, conceptual model soundness, group-wide systems, and the use of external benchmarks

Securities / Derivatives

ChinaAMC Launches World's First Tokenised Renminbi Fund in Hong Kong

By Editors | 18/07/2025

ChinaAMC has rolled out RMB and USD tokenised money funds, positioning them as yield-generating tools for anticipated stablecoins under new city rules.

Capital / Liquidity

HKMA Rejects Rumours About Possible Establishment of 'Bad Bank'

By Editors | 18/07/2025

The HKMA has dismissed reports that lenders were discussing the establishment of a new vehicle to handle rising non-performing loans.

Capital / Liquidity

Hong Kong DPB to Test Bank Failure Readiness in Q4 2025

By Sanday Chongo Kabange | 17/07/2025

The Deposit Protection Board says the exercise in Q4 2025 will simulate a real-life bank failure to test systems, personnel, and payout agents under the new HKD 800,000 protection limit.

Enforcement

Hong Kong SFC Bans Former Asset Manager for Nine Years

By Sanday Chongo Kabange | 17/07/2025

The former HF Asset Management officer failed to act in the "best interests" of a fund that ended up losing 86 percent of its value.