AGP Executive Report
Last update: an hour agoEconomic Growth: Hong Kong’s GDP grew 5.2% year on year in the third quarter, its fastest pace in five years, as exports surged 30.4% and domestic demand improved. September retail sales rose 6.4%. Digital Finance: Standard Chartered launched tokenised deposits as the HKMA opened 24/7 settlement for tokenised money. HSBC and HKUST will establish an AI and emerging technology institute in the Northern Metropolis, focusing on areas including fraud detection and post-quantum security. Financial Hub: Beijing pledged further measures to strengthen Hong Kong’s role, including deeper mainland market links and offshore yuan liquidity. Hong Kong also ranked as the world’s largest cross-border wealth booking centre in 2025. Trade Finance: Mamun raised US$3 million to fund cross-border trade between the Gulf and Asia, with Hong Kong among its operating hubs.
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