Mayon Solutions

According to a joint report by the Hong Kong Trade Development Council (HKTDC) and the Association of Chartered Certified Accountants (ACCA), 99% of mainland businesses committed to sustainable investment choose Hong Kong SAR as their source for professional services. The city’s role as a sustainable development facilitator has made it a crucial partner for businesses in the Greater Bay Area (GBA).

Hong Kong SAR's legacy as a conduit for international capital investment into mainland China (bringing-in strategy) and its critical role in managing mainland China’s outbound investment portfolio (going-global strategy) underscore its importance. Notably, around two-thirds of China’s outbound investment flows through Hong Kong SAR.

A remarkable 90% of companies in the Guangdong-Hong Kong-Macao GBA recognize Hong Kong SAR’s significant role in driving sustainable development, thanks to its broad range of green applications and financial services. The city's service providers maintain international standards while meeting the sustainability needs of mainland businesses, enhancing Hong Kong SAR’s position as a regional leader in sustainable business practices.

🚀 HKMA Launches Project Ensemble Sandbox for Tokenised Asset Settlement!

The Hong Kong Monetary Authority (HKMA) is pushing the boundaries of financial innovation with the launch of the Project Ensemble Sandbox!

This groundbreaking initiative explores the use of tokenised assets and wholesale central bank digital currency (wCBDC) for seamless interbank settlements.

Exploring innovative financial market infrastructure (FMI) for tokenised money settlement.
Six major participants, including HSBC and Standard Chartered, are linking their platforms to test real-world scenarios.
Collaborating with the SFC to develop a regulatory framework that supports sustainable growth in the tokenised asset market.

💡 This is a huge step toward scaling up the interoperability of tokenised financial services and positioning Hong Kong as a leader in digital asset innovation!