News

Gov’t unveils 'LEAP' framework to boost crypto and fintech

Gov’t unveils 'LEAP' framework to boost crypto and fintech

A licensing regime for stablecoin issuers starting 1 August aims to support real-world use cases.

Gov’t establishes medical products regulation by end 2026

It also plans to start a “primary evaluation” process for new drug registration next year.

Shanghai Gold Exchange launches first offshore gold delivery vault in Hong Kong

It has also listed gold contracts for Hong Kong delivery on its International Board.

HKMA and AIIB to support emerging Asia venture capital

The partnership aims to develop innovative, green and technology-enabled infrastructure.The Hong Kong Monetary Authority (HKMA) and the Asian Infrastructure Investment Bank (AIIB) signed a partnership agreement to support venture capital (VC) in emerging markets in Asia, 26 June 2025.They will invest in a portfolio of VC funds to develop innovative technologies and business models for green and technology-enabled infrastructure in Asia’s emerging economies.“Energy transition and infrastructure development of the Global South require substantial financial investment and support from technological applications,” said Paul Chan, Financial Secretary of Hong Kong, “together with AIIB, we will keep promoting Hong Kong’s established ecosystem for VCs and innovators across the region.”

CaoCao raises $1.85b offering 44 million shares

Priced $41.94 each with slump in the first trading day.

Industrialisation scheme enhanced to support smart production

Projects under $2.8m will receive faster approval.

Towngas fuels Hong Kong development towards green shipping

Green methanol memorandum signed to increase near-zero carbon bunker.

Economy still slated for 2.5% growth with resilient external trade

Hang Seng Bank predicts 2.5% expansion of economy in 2025.

Dickson Concepts to delist from HKEX in August

Its last trading day will be on 21 July.

HSBC boosts reserves after court backs capital cancellation

It cancelled US$1.8b from its capital redemption reserve.

HK passes bill to tighten oversight of self-financing colleges

It aims to improve governance and transparency across the sector.

Gov’t inks deal pushing for green maritime fuel development

There will also be a scheme providing incentives for clean fuel bunkering.

iFLYTEK - Xunfei Healthcare opens HK office

The office will help boost local AI and model development.

FWD Group to offer 91.34m shares in HK listing

It’s priced at HK$38.00 (US$4.84) apiece.

Transitional Chinese medicine registration system to end on 30 June

The CMCHK has finalised the transition to formal pCm registrations.