20b yuan quota pledged for investors

The quota pledged by Vice Premier Li Keqiang aims to support Hong Kong companies investing in securities in China.

“Hong Kong wants expanded yuan trade to bolster the financial services industry and support growth after the city’s economy shrank in the second quarter. China is expanding the currency’s global role as a U.S. Federal Reserve pledge to keep interest rates at record lows through mid-2013 threatens more weakness in the dollar,” said a Bloomberg report.

The Chinese Ministry of Finance’s sale of 20 billion yuan of “dim sum bonds” starting today, according to the report, will be its third and largest issue of yuan-denominated debt in Hong Kong. The report said, “Yuan deposits in Hong Kong totaled a record 554 billion yuan at the end of June, more than six times the level of a year earlier, according to the city’s de facto central bank.”

View the report here.

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Most older adults in Hong Kong lack life and death education

More than 90% still die in hospitals. This disconnect is due to legal, logistical, and medical barriers, the report said.

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HKEX launched Order Routing Service on Integrated Fund Platform

The move addressed some long-standing operational challenges.Hong Kong Exchanges and Clearing Limited (HKEX) launched the Order Routing Service that connects fund distributors and transfer agents on its Integrated Fund Platform (IFP).The new service is based on the Fund Repository system and helps transform the fund order placement process into a seamless and integrated system.Supported by the data network from Shenzhen Stock Exchange, the service promotes better efficiency and collaboration across the fund distribution network by enhancing communications between fund distributors and agents.IFP also welcomes an initial cohort of 33 distributors, transfer agents and fund houses.

Markets & Investing

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HKTDC signs first MOU with Singapore-based bank

The partnership also aims to generate job opportunities and strengthen communities across both regions.The Hong Kong Trade Development Council (HKTDC) signed a Memorandum of Understanding (MOU) with United Overseas Bank Hong Kong Branch (UOB Hong Kong) at the ASEAN Conference 2025 in Singapore, a first of such a partnership for Hong Kong.The MOU aims to strengthen regional ties and promote sustainable growth by leveraging UOB’s extensive regional network and financial expertise, alongside HKTDC’s strengths in trade promotion, to access new markets, resources and professional knowledge.The MOU also promotes local enterprise development and economic resilience by matching local value chains with foreign direct investments(FDI).

Financial Services

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OCBC Bank Hong Kong sets up team to support entrepreneurs

OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028

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Stablecoins bill brings stricter oversight and opportunity to Hong Kong

The digital tokens could support cross-border payments and smart escrow.

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Fewer but bigger deals push Hong Kong M&A to 10-year peak

Companies are focusing on scale, efficiency, and long-term positioning.

Markets & Investing

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Tougher foreign hiring rules may strain workforce planning

Hong Kong’s catering industry is expected to be hit the hardest.

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Ignoring seniors could cost retailers big

The new generation of older adults in Hong Kong consume more.

Retail

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Hong Kong Business Greater Bay Area Enterprise Awards 2025 Winner: Simon Huang of Plaza Premium Group

Simon Huang, Managing Director at Plaza Premium Group, highlights how the Smart Traveller platform was born from a mission to enhance travel experiences.