AGP Executive Report
Last update: 5 hours agoMarkets: Hong Kong’s Hang Seng fell 1.3% as the global AI sell-off hit Asian shares; meanwhile, about 600,000 Nvidia chips are reportedly stuck in the city awaiting China’s import approval. Wealth Management: Private wealth assets under management rose 24% to a record HK$12.9 trillion in 2025, and 77% of firms surveyed reported stronger demand for Hong Kong accounts or asset booking. Trade: The government proposed digitising business-to-business trade documents as it reviews river fees amid cargo competition from mainland ports. Shenzhen-Hong Kong cooperation is also easing market access, with some mainland appliances now able to enter Hong Kong without additional testing. Fintech: FinTech Week underscored a shift from pilot projects to scaling commercially viable technology. The SFC says 17 tokenised retail products are now available and is considering a tokenised gold ETF pilot.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.