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Anchorpoint, established by Standard Chartered Bank (Hong Kong), is one of the first two holders of the stablecoin issuer license granted by the Hong Kong Monetary Authority in April this year.Standard Chartered and Anchorpoint are expected to issue a joint announcement by the end of this month, within the next two weeks, to launch the HKDAP stablecoin pegged to the Hong Kong dollar. Previously, in April this year, the Hong Kong Monetary Authority issued the first batch of stablecoin issuer licenses to Anchorpoint and HSBC.

Zhipu (02513.HK) announced on the Hong Kong Stock Exchange that the company previously disclosed a plan to place up to 19.78 million new H shares, which has now been completed on July 13, 2026. A total of 19.78 million new H shares were issued and allocated to no less than 6 subscribers at a placement price of HKD 1588 per share, accounting for approximately 4.25% of the total issued H shares after expansion.The total amount raised from the placement is approximately HKD 31.411 billion, with a net amount of approximately HKD 31.375 billion, intended for research and development of general artificial intelligence, business expansion, and optimizing the capital structure.

MINIMAX (00100.HK) announced that it will raise approximately HKD 16.041 billion through the placement of new shares and the issuance of zero-coupon convertible bonds. According to the announcement, the company will place 35.6 million new Class A shares at HKD 268 per share (approximately a 9.89% discount to the closing price of the previous trading day), expecting to raise about HKD 9.541 billion; at the same time, it plans to issue zero-coupon secured convertible bonds with a total principal amount of HKD 6.5 billion due in 2027, with an initial conversion price of HKD 335 per share (approximately a 12.64% premium to the closing price). Morgan Stanley and UBS are acting as arrangers for this transaction, and the placement and bond issuance are independent of each other and not conditional upon one another. If all the bonds are ultimately converted into shares, the two transactions will add up to approximately 55 million shares, accounting for nearly 15% of the company's expanded total share capital. Regarding the use of funds, MINIMAX stated that about 80% of the net proceeds are intended to strengthen AI infrastructure and model development, 10% to accelerate the global commercialization of products, and the remaining 10% for working capital and general corporate purposes.

According to Jinshi reports, Goldman Sachs maintains a "Buy" rating for MiniMax Group, with a target price of 860 HKD.The report shows that the MiniMax M3 model is priced the same as the M2.7, and through upgrades in training and inference architecture, inference efficiency has improved by more than 2 times, enough to offset the cost increase brought by the doubling of model parameters. This week, DeepSeek announced that the official version of V4 is scheduled to launch in mid-July, and a time-based pricing mechanism will be implemented simultaneously, with peak period calling prices being 2 times the usual rate.Goldman Sachs believes that DeepSeek's price increase indirectly confirms the high cost-performance ratio of the MiniMax M3. The upcoming larger version of the M3 series and the H3 video model are also seen as catalysts for the next phase.

The Hong Kong-listed company Okex Cloud Chain (1499.HK) announced its annual results for the year ending March 31, 2026. During the period, the group generated approximately HKD 191.7 million in revenue from continuing operations, a decrease of about 46.7% compared to HKD 359.8 million in the same period of 2025.The company incurred a loss of approximately HKD 28.8 million this year, widening the loss by about 82% compared to the same period last year; the basic and diluted loss per share was HKD 0.54.The report indicated that the group terminated its digital asset proprietary trading business and technical services during the reporting period, with approximately HKD 96.55 million in digital assets reclassified as intangible assets.

New Fire Group released its interim performance report for the six months ending March 31, 2026. The group recorded a loss of approximately HKD 244.9 million (unaudited), a significant increase of about 1890% compared to a loss of HKD 12.3 million in the same period of 2025. Among them, the cryptocurrency asset trading business recorded revenue of HKD 1.9447 billion, a year-on-year decrease of about 43.4%.In terms of business segments, in the asset management business, as of the end of the reporting period, the assets under management (AUM) reached approximately USD 145.6 million; the number of New Fire quantitative trading clients increased by about 12.9% compared to the same period last year.In the trust and custody business, the number of private banking accounts successfully opened during the reporting period increased from 37 to 305; the number of accounts interested in opening increased from 106 to 668.In the cryptocurrency over-the-counter trading business, the number of OTC trading clients increased from 8 to 31, with a monthly compound growth rate of 31.1%.In addition, the group's compliant exchange in Japan, BitTrade, has accumulated a total of 288,214 registered users.

On the morning of June 22, 2026, the stock price of Zhipu (02513.HK) experienced a significant increase. The stock reported 2708.000 HKD, with a rise of 29.32%, up 614.000 HKD. Today, the stock opened at 2100.000 HKD, reaching a maximum of 2980.000 HKD during the session. As of now, the trading volume is 1.244 million shares, with a transaction amount of approximately 3.087 billion HKD, and the company's total market value has reached 1.207 trillion HKD.

Hong Kong Mortgage Corporation Limited announced the first issuance of HKD 12 billion public digital bonds, including three tranches: HKD 6 billion for a two-year term, HKD 2.5 billion for a five-year term, and RMB 3 billion for a three-year term. Among these, the five-year HKD bond is the longest maturity digital bond ever issued.It is reported that this issuance transaction is the largest digital bond issuance globally to date, and the Mortgage Corporation has also become the first public institution in Hong Kong to issue digital bonds. The bonds will be generated on a distributed ledger technology platform operated by the Central Clearing and Settlement System for debt instruments, which also serves as the settlement and delivery system for the digital bonds.

Institutions such as Anchorpoint Financial, OSL Group, and PantherTrade have successfully completed Hong Kong's first approved stablecoin HKDAP's initial end-to-end financial transaction on the Ethereum public blockchain. This digital asset operates under the supervision of the Hong Kong Monetary Authority.The technical execution was jointly completed by Anchorpoint Financial, a fintech company supported by Standard Chartered Hong Kong, and digital brokers OSL Group and PantherTrade. In this blockchain test, participants directly converted traditional physical Hong Kong dollars into reserve assets, triggering the minting of on-chain digital balances, and after the transaction was completed, exchanged the tokens back to fiat bank balances through a redemption agreement.Standard Chartered provided the custody framework and trust services for this. The stablecoin is scheduled to begin phased public issuance by the end of the second quarter of this year.

On May 5, the Hong Kong High Court approved the application of the Department of Justice to issue an injunction against 42 individuals and companies, including Chen Zhi, the founder of the Prince Group, who are suspected of operating a scam park in Cambodia, freezing a total of HKD 8.938 billion in assets. The frozen assets include deposits in bank and securities accounts, stocks, and properties. Among them, Chen Zhi's personal assets in Hong Kong exceed HKD 6.36 billion. Zhou Yun, who assists in managing his assets, has total assets exceeding HKD 2 billion, and her personal accounts hold the equivalent of HKD 15.92 million in Hong Kong dollars, euros, and Bitcoin. In addition, related personnel from the Prince Group, Hu Xiaowei and Li Tian, have approximately HKD 400 million and HKD 172 million in assets frozen, respectively. The court will reconvene on August 3 to decide whether to extend the injunction.

According to Financial IT, HSBC's Global Payment Solutions (GPS) business has successfully completed a pilot of Tokenized Deposit Services (TDS) on the public blockchain Canton Network, simulating the entire process of issuing, transferring, and atomic settlement of tokenized deposits with other digital assets. This is the first time HSBC's TDS has been issued and used on a public blockchain. HSBC TDS supports major currencies such as USD, GBP, EUR, HKD, and SGD, allowing fiat deposits to be converted into digital tokens at a 1:1 ratio, enabling instant transfers on the HSBC ledger, and supporting 24/7 real-time settlement and programmable payments.Manish Kohli, Head of HSBC Global Payment Solutions, stated that this pilot demonstrates the evolution of tokenization in the banking industry and the necessary infrastructure, with the company's focus on building secure and interoperable capabilities to enable customers to transfer funds more efficiently across different environments. Yuval Rooz, co-founder of Canton Network and CEO of Digital Asset, stated that tokenized deposits are accelerating in capital markets, corporate banking, and cash management, and Canton has become one of the major deployment networks.

In April 2026, the Hong Kong Monetary Authority issued stablecoin issuer licenses to the first batch of institutions, among which is Anchorpoint Financial Limited, a joint venture established by Standard Chartered Bank Hong Kong (SCBHK), Hong Kong Telecommunications (HKT), and Animoca Brands. Anchorpoint plans to gradually issue the Hong Kong dollar-pegged stablecoin HKDAP (i.e., "Hong Kong Dollar Equivalent") starting in the second quarter of this year, using a B2B2C model to provide access channels to the public through authorized distributors.The company focuses on scenarios such as the settlement and distribution of tokenized real assets, cross-border capital, and payment flows, aiming to promote the upgrade of financial infrastructure in Hong Kong and the Asia region. Bill Winters, CEO of Standard Chartered Group, stated that the issuance of HKDAP will drive the restructuring of financial markets and facilitate the development of a new generation of international trade. Anchorpoint was officially established in 2025, and its predecessor was approved to join the HKMA's stablecoin issuer sandbox program in 2024. This approval marks an important step for Hong Kong in building its digital asset ecosystem.

Animoca Brands announced on the X platform that the joint venture Fintech Anchor, co-founded by Standard Chartered Bank, HKT, and Animoca Brands, will gradually promote the regulated Hong Kong dollar-backed stablecoin HKDAP (HKD At Par) starting in the second quarter of this year.Its Group President Evan Auyang stated that a properly governed Hong Kong dollar-backed stablecoin is crucial for Hong Kong's financial infrastructure.

According to Bloomberg, Hong Kong Mortgage Corporation Limited plans to raise up to HKD 12 billion (USD 1.5 billion) through its first issuance of digital bonds, which could become the largest issuance of such bonds in history. Hong Kong Mortgage Corporation is a financial services provider owned by the Hong Kong government, with total assets of approximately HKD 221.8 billion.Insiders revealed that Hong Kong Mortgage Corporation is expected to start marketing multi-currency digital bonds denominated in Hong Kong dollars and offshore renminbi as early as next month. This debt instrument, which utilizes blockchain technology in the issuance, trading, and settlement phases, not only shortens settlement times and reduces costs but also accelerates scalability.

The Financial Secretary of the Hong Kong Special Administrative Region Government published an essay reviewing the economy of the first quarter of 2026, mentioning that the Hong Kong market is active, with an average daily trading volume exceeding HKD 260 billion in the first two months of this year, a year-on-year increase of 17%. As March began, the market became even more active, with the average daily trading volume of Hong Kong stocks exceeding HKD 300 billion, an increase of over 8% compared to the same period last year. Investors are increasing their asset allocation in Hong Kong, viewing it not only as a reliable safe haven for capital but also due to the stable growth of the mainland economy and the listing of a large number of quality enterprises in Hong Kong, providing ample investment opportunities.At the same time, global competition in cutting-edge technologies such as artificial intelligence has entered a heated stage, requiring substantial financial support for everything from tackling core technologies, developing upstream and downstream of the industrial chain, to exploring broader application scenarios. The Hong Kong listing platform is playing a key role in this regard, with the IPO market continuing its strong performance from last year in the first quarter of this year. As of March 27, the fundraising amount has exceeded HKD 103 billion, ranking first globally; including follow-up financing, the total fundraising scale is approximately HKD 237 billion. More and more companies listing in Hong Kong belong to emerging industries—artificial intelligence, semiconductors, robotics, autonomous driving, biotechnology, etc. Currently, there are over 500 applications waiting to list in Hong Kong. More enterprises view Hong Kong as an important window for financing and overseas development.

The global stablecoin payment and trading platform OSL Group announced its annual performance for the year ending December 31, 2025. The company's core operating revenue was HKD 534 million, a year-on-year increase of 150.1%; total revenue was HKD 489 million, a record high, with a year-on-year increase of 30.4%; the total trading volume on the platform was HKD 201.22 billion, a year-on-year increase of 200.7%. By region, revenue was divided with Hong Kong accounting for 33% and overseas accounting for 67%.

The Hong Kong police announced the progress of the investigation into the JPEX virtual asset trading platform fraud case, revealing that since the investigation began, a total of 80 people have been arrested, and assets totaling approximately HKD 228 million have been frozen. Another round of prosecution actions has been taken, charging 10 individuals with "money laundering" and "conspiracy to commit money laundering."Chief Inspector Han Chenghao of the Hong Kong Police Commercial Crime Bureau stated that the JPEX case is the largest in terms of the number of victims and the amount of money defrauded in recent years in Hong Kong, with over 2,700 victims reporting losses exceeding HKD 1.6 billion. Since the incident, no company or individual has admitted to being the actual operator, and the police need to conduct extensive investigations to clarify who the masterminds, core members, or accomplices behind JPEX are.

The Hong Kong Securities and Futures Commission released the Q4 2025 report, which pointed out that the Hong Kong Securities and Futures Commission has officially become a member of the Hong Kong Police Force's Virtual Assets Intelligence Working Group, with strategic innovation promoting the continuous growth of Hong Kong's listed and digital asset markets.In terms of digital assets, the Hong Kong Securities and Futures Commission recognized that the asset management scale of tokenized retail money funds has grown to HKD 8.66 billion (USD 1.11 billion) since its launch in 2025, with a quarterly increase of 14% as of last December; additionally, since the launch of Asian virtual asset spot exchange-traded funds in the market in 2024, a total of 11 such ETFs have been listed in Hong Kong, with a total market value increasing by 142% to over HKD 5.4 billion (USD 702 million) since their listing. As of last December, the total market value of ETFs and leveraged and inverse products recognized by the Hong Kong Securities and Futures Commission surged by 33.7% year-on-year to HKD 618.7 billion.Furthermore, the net inflow of funds for funds registered in Hong Kong surged by 118.5% year-on-year to HKD 356.7 billion in 2025. As of last December, the assets under management of these funds grew by 38.3% year-on-year to HKD 22.8 trillion, while the total number of funds increased by 9.1% year-on-year to 1,041.

According to Hong Kong media Hong Kong 01, the Hong Kong police have cracked a money laundering case involving the use of puppet accounts and virtual currency exchange shops. It is reported that two mainland Chinese individuals opened puppet accounts in Hong Kong, using 43 local bank accounts to receive 34 sums of money from different fraud cases, and purchased cryptocurrency at virtual asset exchange shops, laundering approximately HKD 17.3 million in criminal proceeds.Analysis of the fund flow shows that the criminal group conducted cryptocurrency transactions through local bank accounts, laundering as much as HKD 230 million. The Hong Kong police charged the two individuals with 3 and 10 counts of money laundering respectively. After reviewing the case, the court approved heavier sentences of 28 months and 43 months in prison for the two.

According to the official announcement, the Gate contract index area launched US2000 (US Russell 2000 Index), HSCHKD (Hang Seng Enterprise Index), TW88 (Taiwan MSCI Index), AUS200 (Australia 200 Index), and VIX (Chicago Board Options Exchange Volatility Index) on February 4 at 12:00 (UTC+8), supporting 1 to 50 times leverage.Gate index perpetual contracts are based on mainstream global indices and volatility indices, introducing market sentiment indicators into the cryptocurrency derivatives trading system. While maintaining the advantages of USDT settlement and 24/7 trading, it provides users with trading options that are closer to the global macro market. As an important indicator of market uncertainty, the rise and fall of VIX reflects changes in investors' expectations of risk and is often used for hedging and risk avoidance. Its launch further provides investors with more specialized trading tools, expanding cross-market trading and strategy layout space.