HONG KONG

Enforcement

Over 1,800 Arrested in Transnational Crackdown on Scams: Singapore Police

By Nithya Subramanian | 05/06/2025

A cross-border operation spanning seven territories has uncovered extensive scam networks linked to over 9,200 cases, with victims losing an estimated $225mn.

Crypto / Digital Assets

Stablecoin Law Sparks Mainland Interest in Using Hong Kong as Tokenisation Hub

By Editors | 05/06/2025

Citic Securities forecasts that Hong Kong’s stablecoin legalisation will help mainland firms push their initiatives forward and attract a tokenisation boom.

Securities / Derivatives

Saudi Arabia Considers Listing Hong Kong AI and Biotech ETFs

By Sanday Chongo Kabange | 03/06/2025

The Saudi exchange is considering listing ETFs tracking Hong Kong’s AI and biotechnology sectors, as well as depositary receipts of HK companies.

Enforcement

SFC Secures Landmark $190m Payout for Combest Shareholders

By Manesh Samtani | 03/06/2025

Former executives of delisted Combest Holdings will compensate shareholders following SFC action over inflated valuations.

Hong Kong to Host World’s First Intergovernmental Mediation Body

By Editors | 03/06/2025

Hong Kong hosts launch of IOMed, the world’s first intergovernmental mediation body, aiming to bridge the global dispute resolution gap.

Market Infrastructure

HKEX Prepares Market for Uncertificated Securities Regime

By Sanday Chongo Kabange | 02/06/2025

HKEX has outlined the steps for the 2026 shift to uncertificated securities and published a discussion paper on the key listing rule changes.

AML / KYC

Hong Kong SFC Updates Guidance on Remote Account Opening

By Manesh Samtani | 02/06/2025

The updated guidance provides additional flexibility to use digital ID and certification services for the purposes of remotely onboarding overseas investors.

Market Infrastructure

HKEX Set to Enhance Settlement Arrangement for Multi-Counter Securities

By Editors | 02/06/2025

HKEX is enhancing settlement for multi-currency securities from 30 June 2025, streamlining processes and boosting trading scalability.

Fintech / Regtech

HKMA Partners with University on Cybersecurity Innovation

By Sanday Chongo Kabange | 30/05/2025

HKMA and the HKUST Business School will jointly explore innovative suptech and regtech solutions, leveraging “cutting-edge” technologies such as the latest LLMs.