
As geopolitical rivalries deepen, the city is rewiring its market infrastructure to cut reliance on the US dollar and power China’s currency.
Hong Kong is rewiring its market infrastructure to reduce reliance on the US dollar and strengthen China's yuan, expanding its use from a gateway to a complete currency ecosystem for investments and consumption.
AI-generated summary
As geopolitical rivalries deepen, Hong Kong is expanding yuan usage from multi-asset investments to hedging and consumption.
In Focus | How Hong Kong’s yuan push is becoming a challenge to the US dollar
As geopolitical rivalries deepen, the city is rewiring its market infrastructure to cut reliance on the US dollar and power China’s currency.
27 Oct, 2026
In Focus | How Hong Kong went from a yuan gateway to a complete currency ecosystem
Yuan can now be used in a wide variety of scenarios in the city, from multi-asset investments to hedging and consumption.
28 Oct, 2026

The emerging company TLC-KY and Nippon Organ Pharmaceuticals held a cooperation ceremony for long-acting analgesic drug TLC599, with a total contract value of up to US$203 million. TLC-KY CEO Ye Zhihong said that this season will recognize a signing bonus of 15 million US dollars, and will apply for the first listing, and is optimistic about profits next year.

StarLux Airline announced the deepening of strategic alliance with Etihad Airways of the United Arab Emirates. From now on, it will officially launch a two-way mileage accumulation and redemption mechanism to help attract high-end transfer passengers and improve the overall efficiency of long-haul route operations.

Advantech, a major industrial computer manufacturer, announced its third-quarter financial report. Benefiting from strong demand for edge AI and semiconductor equipment, its single-quarter revenue and profit hit record highs. Its after-tax earnings per share reached 7.15 yuan. The cumulative earnings per share in the first three quarters was 16.21 yuan, which exceeded last year's full performance.

ASE Investment Holdings held a press conference on the 29th. Due to strong demand for advanced packaging and testing, it revised its capital expenditure this year to US$11.5 billion for the fourth time, and estimated that its fourth-quarter revenue will increase by 6% to 8%. Chief Financial Officer Dong Hongsi said that factory space is currently the biggest limitation and production will continue to expand in the future.

The central bank released the minutes of the third-quarter Board of Governors meeting. Thirteen directors supported keeping interest rates unchanged, but two directors advocated raising interest rates, triggering a debate over whether to fall into a low interest rate trap.

Yageo, a major passive component manufacturer, announced its third-quarter financial results today. Benefiting from the strong demand for AI, its after-tax net profit was 11.981 billion yuan, with after-tax earnings per share of 5.83 yuan. The cumulative EPS for the first three quarters reached 14.32 yuan. Chief Executive Officer Wang Danru said that the operating off-season in the fourth quarter was not slow, and AI and special products continued to grow.