Catenaa, Saturday, July 12, 2025-Hong Kong is engaging with several prospective stablecoin companies aiming to establish operations in the city as it prepares to roll out new digital asset regulations next month, according to Alpha Lau Hai Suen, Director-General of InvestHK.
Lau said the fintech sector views stablecoins as key to expanding trade, investment, and global currency diversification. She noted that nearly half of the 630 mainland Chinese firms entering Hong Kong over the past two and a half years have done so under national policy support, highlighting the city’s growing appeal.
The upcoming stablecoin framework is expected to attract more firms shortly after it takes effect, with the policy environment a significant factor in drawing businesses. Hong Kong remains a free port amid global trade uncertainties, encouraging companies to diversify beyond U.S. markets.
Sinolink Securities Hong Kong, a fully owned subsidiary of mainland Sinolink Securities, is advancing an application for a digital asset trading license. The firm already holds five licenses from the Securities and Futures Commission covering areas such as securities dealing and asset management.
Hong Kong’s stablecoin rules could distinguish it from other Asian financial centers by emphasizing transactional use of virtual assets. Early activity is expected to be driven by licensed institutions integrating digital assets into regulated financial services, rather than consumer-facing apps.
With a corporate tax rate of 16.5%, Hong Kong remains competitive for firms relocating under evolving policies that support financial innovation and international business expansion.
