Our Scans · Hong Kong · Weekly Summary

• [New] The reciprocal tariffs applicable to products with country of origin from China, Hong Kong SAR China, and Macau SAR China will decrease from 125% to 10% for 90 days. FedEx
• [New] Amid escalating geopolitical tensions, The University Of Hong Kong is focusing on welcoming and nurturing talent, explicitly stating it will not exploit the difficulties faced by international students and scholars in the United States. archyde
• Hong Kong will allow the testing of larger drones to boost its low-altitude economy and improve logistics, following mainland China's lead. Tech Edition
• Chainlink will supply its oracle technology for a new cross-border stablecoin pilot that connects Hong Kong and Australia through Project mBridge, a multi-nation initiative backed by the Bank for International Settlements. Analytics Insight
• Upon implementation of the Stablecoins Ordinance, issuers of FRS in Hong Kong will be required to obtain a license from the Hong Kong Monetary Authority. JD Supra
• LRQA has acquired five risk-focused companies across the United Kingdom, Hong Kong, Canada, and the United States in a move to expand its service offerings in ESG, clean energy, digital assurance, food safety, and responsible sourcing. Insurance Business
• While a slowdown in insolvency growth is anticipated in some regions, others - including Hong Kong and Taiwan - are likely to see sustained pressure. Insurance Business
• Due to tariff war and ending de minimis for shipments from China and Hong Kong by the U.S. government, the valuation of Shein could decline to less than $50 billion. Emerging Market Skeptic
• Since tax authorities have begun to focus on the tax regulation of offshore investment income from US stocks, Hong Kong stocks, etc., it is worth noting whether Web3 offshore income will become the next key audit target. IFC Review
• Hong Kong's postal service will stop handling packages coming from or going to the United States, in the latest retaliatory move amid an escalating trade war between Washington and Beijing. CNN
• Hong Kong has the opportunity to lead by setting standards and providing APIs that enable fintechs and payment platforms to connect and expand across borders. Metaverse Post
• Since both cities have majority ethnic Chinese populations, a CCP operation could blend in more easily, and it may even be easier for Chinese operatives to entice a target to visit Singapore and Hong Kong as opposed to mainland China. FDD
• Hong Kong authorities have proposed providing more tax exemptions for transit travelers as lawmakers voiced concerns that raising the air passenger departure levy could divert visitors to neighbouring competitors. South China Morning Post
• As a gateway to the Greater Bay Area and a magnet for global talent, Hong Kong offers unique opportunities for fintech startups. Fintech Hong Kong
• Hong Kong will create a new financial sector, including Technology, virtual assets, stablecoins, and green finance. FuTu News
• Attempting to develop a nuclear capability will disrupt South Korea's relations with export destinations such as China, Vietnam, Japan, Hong Kong, Taiwan, Singapore, India, Australia, Mexico, Germany and Malaysia. @RSIS_NTU
• As a gateway linking global capital flows, Hong Kong offers unparalleled opportunities to serve high net-worth individuals, multinational corporations, and cross-border investors. Insurance Business
• The widespread adoption of WhatsApp in Hong Kong-used daily by 85% of consumers - creates a unique opportunity for businesses to connect with customers throughout the entire customer journey. The Manila Times
• For red-chip stocks of companies that are mainly controlled or have substantial business in mainland China but are listed in Hong Kong, red-chip enterprises will first withhold 10% corporate income tax before distributing dividends. IFC Review
• Financial incentives like lower taxes provided by the Shenzhen government, coupled with bordering Hong Kong, created a favorable environment for entrepreneurially-minded people like Wang to pursue their economic opportunities. The European Business Review
• Focusing on other business risks, a study conducted by QBE in late 2024 and early 2025 indicated that SMEs in Hong Kong and Singapore remain exposed to risks they often do not insure against. Insurance Business
• The risk of arbitrary arrest, charge and prosecution for security related offences is low in the context of the 7.5 million people residing in Hong Kong. GOV.UK
• While a decline in cases is expected in countries like Australia and Japan, others - such as Taiwan, South Korea, and Hong Kong - are likely to continue seeing elevated failure rates due to persistent economic challenges and weak trade demand. Insurance Business

Last updated: 27 June 2025