AGP Executive Report
Last update: 5 hours agoDigital Finance: Hong Kong’s EnsembleTX pilot now enables 24/7 interbank settlement in tokenised central bank money, with 12 banks and 20 industry participants. Standard Chartered has launched a tokenised deposit service for corporate clients, while the HKMA and HKUST unveiled a toolkit to help banks prepare for post-quantum cybersecurity risks. Manufacturing and Capital Markets: PCB maker Dongshan Precision’s US$1.3 billion Hong Kong IPO highlights the city’s role in funding advanced manufacturing. Air Cargo: Cathay Cargo’s director says the Greater Bay Area’s potential was underestimated a decade ago, as the region grows beyond its role as a manufacturing and export base. Apparel Trade: Bangladesh manufacturers pitched higher-value, sustainable products to global buyers at a Hong Kong roadshow, with industry leaders targeting US$100 billion in exports within a decade. Transport Infrastructure: The Central Kowloon Bypass’s Kowloon Bay section is due to open on December 6, completing Route 6 and linking Kowloon districts with Tseung Kwan O.
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