hong kong

Corporate issuances are increasing in the offshore Renminbi bond market, despite challenges around rates, liquidity and diversification; Hong Kong is poised to benefit.

Cornerstone investors in the tech firm's listing include Hillhouse Investment Management, Taikang Life Insurance and Grab; net proceeds were $514m and the firm's valuation climbed above $4.6bn on its September 16 debut.

Despite the promising pass of an Ordinance, use cases of stablecoins in Hong Kong remain vague. Adopting retail stablecoins depends on multiple factors, including the regulator’s stance and technical concerns, such as monitoring unhosted wallets.

Hong Kong’s Stablecoin Law is cementing the financial hub’s digital ambitions, however pending US crypto laws are keeping regulatory competition tight as both chase the growing opportunity.

Michael Benz brings over three decades of leadership experience to the Swiss crypto bank.

The Series A+ round was led by Nikko Asset Management, with support from Peak XV, Prosus, Saison Capital, and founder Walter de Oude; the Singapore-headquartered firm has also been granted a licence for Hong Kong.

George Hongchoy will leave the firm before the end of June 2026 and said that he had no disagreement with the board; the firm has been cutting some jobs in a "streamlining" initiative.

Gordon Davidson joins the law firm as Asia head of restructuring & insolvency, and Fergus Saurin joins as Asia head of dispute resolution & investigations.

Investment bank Kenanga has launched warrants tracking the Hang Seng China Enterprises Index and Tech Index, which saw a trading volume of $48.9m in their first week.