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Hengqin-Guangdong-Macao Deep Cooperation Zone Releases "Support Measures for Promoting Financing Development of Small, Micro and Medium Enterprises"

The London Metal Exchange (LME) Hong Kong Delivery Warehouse was inaugurated on August 19. Hong Kong SAR Government Financial Secretary Paul Chan stated that Hong Kong's integration into LME's delivery network marks a significant step in building a commodity trading ecosystem. The SAR government has established a dedicated task force to review all aspects related to gold trading, with relevant proposals to be announced within this year to advance Hong Kong's development as an international gold

Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Y Chan revealed on August 20 that the exchange is studying the possibility of extending trading hours, including assessing the feasibility of implementing a "24-hour trading mechanism." HKEX's technical system will be capable of supporting a T+1 settlement cycle by the end of this year, but the market implementation of T+1 settlement requires consultation with multiple market participants.

Guangdong now offers interest subsidies on loans for manufacturing and high-tech firms, covering factory construction, equipment purchases, and R&D, with annual subsidies up to RMB20 million per firm.

Shanghai FTZ's pilot measures aligning with international trade rules—covering services, goods, digital trade, IP protection, and digital RMB applications—will be replicated in other FTZs or nationwide.

Hong Kong and Macao residents can now open Type II/III mainland bank accounts via local proxy banks across all nine Greater Bay Area cities for easier cross-border payments.

Since the enhanced Cross-boundary Wealth Management Connect 2.0 took effect, market response has been positive: by end-June, individual participants exceeded 160,000, up more than 120% from Version 1.0. For Southbound Connect, Hong Kong investors now hold over RMB 16 billion, double the amount under the original scheme.

Hong Kong’s Stablecoin Ordinance takes effect today. The HKMA recently issued regulatory guidelines and encouraged license applicants to apply by end-August, with approvals expected by early next year.

China unveils 19 measures to enhance financial support for consumer spending, including expanded loans and business financing.

China has introduced measures to encourage foreign-invested enterprises to reinvest domestically, including simplified approvals, easier foreign exchange use, financial support, and tax credits for profit reinvestment.

Hong Kong’s 2024 survey: assets under management rose 13% to HK$35.1 trn, net inflows up 81% to HK$705 bn.

Eight regulators roll out 23 measures to boost small-business financing, cut costs, and tighten risk control.

Mainland-HK launch Cross-Border FPS for instant small transfers via phone or account.

The PBOC and HKMA unveiled a three-pronged package to refine Bond Connect: expanding Southbound Trading, adding multi-currency offshore repo, and enhancing Swap Connect convenience

On June 26, 2025, Hong Kong released the Digital Asset Development Policy Declaration 2.0. The "LEAP" framework aims to establish Hong Kong as a global digital asset innovation hub.