Hong Kong

Hong Kong-based digital bank, Ant Bank, and its embedded-finance provider, Bettr, both under Singapore's Ant International, were selected for the liquidity-risk management track of Hong Kong regulators' GenA.I. Sandbox++.

SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.

KPay Group, a fintech company co-headquartered in Hong Kong and Singapore, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license, under the Payment Services Act 2019 for its Singapore subsidiary, KPay Merchant Service (Singapore).

MTR Lab and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITPL) have launched a Venture Partner Program connecting high-potential startups with funding opportunities, strategic guidance, and commercial partnerships to scale across AI, new energy, new materials, microelectronics, and robotics.

Animoca Brands has completed a live pilot of AI-powered commerce capabilities developed in collaboration with Visa, enabling AI agents on its Minds platform to identify relevant Visa rewards and complete purchases on behalf of users at selected merchants in Hong Kong.

The Hong Kong Monthly Funding Tracker for June 2026 recorded total funding of $31.17 million across 2 rounds. This marks a 67.3 percent decrease month-on-month (May 2026: $95.3 million across 6 rounds), reflecting a quieter month after May's more active deal flow. Against the same period last year (June 2025: $0.1 million across 2 rounds), funding was up…

Hong Kong-based Animoca Brands will invest up to $10 million in selected early-stage projects building on its AI agent platform, known as “Minds.”

Cyberport, a digital tech hub and AI accelerator of Hong Kong, and Thailand's National Science and Technology Development Agency (NSTDA), also the management of Thailand Science Park, will enhance collaboration in innovation and technology between Hong Kong and Thailand.

ShopBack, a shopping-rewards-payment platform in the Asia-Pacific, has announced a strategic partnership with Eats365, a restaurant tech platform, to integrate rewards, payments, and consumer engagement capabilities into offline food and beverage (F&B) operations in Hong Kong.

The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.