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Leave your emailThe Ministry of Finance will issue RMB sovereign bonds through the Central Moneymarkets Unit under the Hong Kong Monetary Authority. The tender announcement, tender information memorandum, and relevant tender documents for this issuance have been attached to the press release for market participants' reference.
Read originalThe Chief Executive in Council made six orders on October 6, 2026, under the Inland Revenue Ordinance (Cap. 112) to implement comprehensive avoidance of double taxation agreements signed with Barbados, Jordan, the Kyrgyz Republic, the Maldives, Norway, and Rwanda. The orders were published in the Gazette on October 16, 2026, and tabled before the Legislative Council on October 21 under the negative vetting procedure.
Read originalHKEX announced that its Core Climate platform has completed two cross-border pilots for green electricity certificates and Shenzhen emissions rights. 15 enterprises participated in the green electricity certificate pilot, with a total trading volume of approximately 100,000 certificates. HKEX also signed a cooperation agreement with the Guangzhou Power Exchange Center to establish a cross-border green electricity certificate trading channel, promoting connectivity of green markets in the Greater Bay Area.
Read originalThe Chongqing-Hong Kong Cross-Border Data Verification Platform, facilitated by the HKMA, was officially launched. The platform leverages blockchain technology and hash values to verify customer data without the need for cross-border transmission or storage of original documents. Initially, the platform primarily supports cross-border financial scenarios, with banks in Chongqing and Hong Kong advancing applications related to northbound and southbound data flow verification, covering services such as account opening and loan applications.
Read originalThe Hong Kong Monetary Authority (HKMA), on behalf of the Government of the Hong Kong Special Administrative Region (HKSAR), announced that it will hold a reopened tender for 3-year HKD institutional government bonds on October 21, 2026. This tender is part of the reopened issuance of the 5-year government bond (No. 05GB2912001) under the Government Bond Programme, with an issuance size of HKD 750 million and settlement completed on October 22, 2026. This tender is only open to primary dealers appointed under the Government Bond Programme, with a minimum bid amount of HKD 50,000 and multiples thereof. Successful bidders are required to pay accrued interest of HKD 615.03 per HKD 50,000 face value on the issuance date.
Read originalThe Hong Kong Academy of Finance announced that applications for the 2027 Financial Leaders Programme open on October 15, with a deadline of December 4. Launched in 2022, the programme has nurtured over 100 future financial leaders in Hong Kong. It is designed for high-potential senior financial executives approximately 1 to 2 levels below the CEO position, and is conducted on a part-time basis.
Read originalInvestHK announced on October 5, 2026 that Kyrgyzstan commercial bank Bakai Bank has been granted a Hong Kong banking licence by the Hong Kong Monetary Authority, becoming the first Central Asian bank to enter the Asia-Pacific region. The bank will establish a restricted-licence bank in Hong Kong under the name Bakai Bank Open Joint-Stock Company (Hong Kong Branch), serving the trade, investment and capital needs of the Central Asia–Asia-Pacific economic corridor. InvestHK will continue to assist the bank in exploring sustainable development financing and RMB-denominated financing business.
Read originalIn a blog post, the Chairman of the MPFA announced that the eMPF Platform will launch a one-stop MPF account information enquiry service on October 5. The service is available to MPF scheme members, authorized persons, estate representatives, and those prioritizing the estates of deceased scheme members, allowing them to enquire about trustee and scheme names, account numbers, and balance information. Applications require submission of corresponding authorization or legal documentation based on identity, and account information will only be provided after identity and authorization verification.
Read originalThe Federal Reserve released a statement from the Federal Open Market Committee on September 16, 2026, deciding by a vote of 12 in favor and 0 against to raise the target range for the federal funds rate by 25 basis points to 3.75%-4%. The adjustment is intended to support the Federal Reserve's dual mandate and promote a more timely return of inflation to the 2% target. The Committee will continue to maintain its policy of ample reserves in the banking system. Economic activity is currently expanding at a solid pace, and inflation remains elevated.
Read originalThe Hong Kong SAR Government has announced Part 6 of the Chief Executive's 2026 Policy Address, focusing on the development of the Northern Metropolis. The Northern Metropolis will take university towns as its core, planning to develop three university towns in San Tin, Hung Shui Kiu, and Ta Kwu Ling, with a total planned area of over 1,000 hectares, creating a development pattern that integrates education, technology, industry, talent, and livability. The three university towns will respectively focus on medicine and life health technology, higher education for intelligent manufacturing applications, and art and blue-green integrated development, with supporting promotion of related industries and research carrier construction.
Read originalThe Hong Kong SAR Government has released the 2026 Policy Address, proposing a number of policies to attract talent, optimize visas, and build an international education hub. The Address proposes considering adding categories related to artificial intelligence applications to the Talent List, which currently covers 60 types of professions with local shortages.
Read originalThe Mandatory Provident Fund Schemes Authority (MPFA) issued a press release on September 16, 2026, welcoming the Chief Executive’s announcement of Hong Kong’s first Five-Year Plan (2026-2030) and the 2026 Policy Address on the same day. It stated that it will fully support the implementation of measures to optimize the MPF system and enhance retirement protection.
Read originalHKEX, the Hong Kong Monetary Authority (HKMA), the Dubai Financial Services Authority (DFSA) and Nasdaq Dubai jointly announced the establishment of a strategic working group to deepen financial market cooperation and connectivity between the international financial centers of Hong Kong and Dubai. The working group focuses on five key areas: sustainable finance, Islamic finance, innovation, capital market development, and market connectivity. The announcement was made at the HKMA-DFSA Joint Climate Finance Conference held in Hong Kong on the same day, which attracted over 350 online and offline participants from both regions.
Read originalHong Kong's HKMA, SFC, IA and MPFA, together with Hong Kong Cyberport, have announced the first batch of selected participants for the Generative AI Sandbox++. 36 use cases were selected from nearly 100 proposals, involving 30 financial institutions and 27 technology partners, focusing on agentic AI application testing. The selected use cases will cover end-to-end processes such as customer account opening, payments, and insurance claims, and will subsequently test AI's ability to dynamically supervise other AI applications.
Read originalThe Federal Open Market Committee decided by a vote of 9-3 to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent to support its dual mandate. Three members dissented, preferring to raise the target range for the federal funds rate by 1/4 percentage point at this meeting. Inflation remains above the 2 percent target, and economic activity has continued to expand at a solid pace.
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