Hong Kong

Fintech / Regtech

Hong Kong Regulators Expand GenAI Sandbox Across Entire Financial Sector

By Sanday Chongo Kabange | 06/03/2026

The initiative now covers securities, insurance, pensions and payments, offering firms free computing power to test AI in a controlled environment.

ESG / Sustainability

SFC Chief Outlines Five-Point Strategy for Maintaining Market Resilience

By Sanday Chongo Kabange | 06/03/2026

Julia Leung warns against complacency amid market buoyancy, outlining a five-point strategy for APAC to build resilience through technology and collaboration.

Securities / Derivatives

HSBC Asia Chief Proposes 'IPO Connect' for Greater Bay Area

By Sanday Chongo Kabange | 05/03/2026

The proposal, modelled on the Stock Connect, aims to deepen financial integration by giving investors cross-border access to new listings.

Enforcement

Hong Kong AFRC Fines Mazars, Grant Thornton for Audit Archiving Failures

By Sanday Chongo Kabange | 05/03/2026

The firms were sanctioned for widespread and systemic breaches of the 60-day audit file archive requirement and related quality control deficiencies.

Market Infrastructure

Hong Kong, Macao Regulators Sign Revised Cooperation Pact

By Sanday Chongo Kabange | 05/03/2026

The agreement between the HKMA and AMCM expands collaboration beyond banking supervision to include financial infrastructure linkage and information exchange within the GBA.

Securities / Derivatives

SFC Chairman Urges Focus on Listing 'Quality' Over 'Quantity'

By Sanday Chongo Kabange | 04/03/2026

Kelvin Wong says long-term market health depends on quality listings and products, not just turnover and fundraising size.

Securities / Derivatives

ISDA Urges Hong Kong to Widen Exemptions from Clearing Mandate

By Manesh Samtani | 04/03/2026

Responding to an SFC-HKMA consultation, ISDA said it supports permanent calculation periods for clearing but urges the regulators to expand the scope of exemptions.

Securities / Derivatives

Hong Kong Confirms Tax Overhaul Plan for Funds and Family Offices

By Sanday Chongo Kabange | 04/03/2026

The plan expands eligible assets to include digital assets and private credit, while introducing new economic substance requirements for funds seeking exemptions.

Fintech / Regtech

WeChat Pay Becomes First Wallet on New 'Payment Connect' System

By Sanday Chongo Kabange | 04/03/2026

The Tencent-owned wallet has partnered with HSBC to offer real-time, fee-free remittances, connecting Hong Kong's FPS with the mainland's IBPS.