AGP Executive Report
Last update: 12 hours agoHong Kong Politics: Nominations for Hong Kong’s Election Committee will run from Oct 7 to 20, with the vote for 982 seats set for Nov 22, as the city gears up for the next five-year cycle. HKMA & Markets: The HKMA will hold re-opening tenders for RMB government bonds on Aug 13—2-year (RMB 0.75b), 5-year (RMB 1.25b) and 7-year (RMB 1.25b)—with settlement on Aug 17. Finance & Compliance: Mastercard says its Crypto Credential is a compliance passport, not a payment product, as it pilots a “single-audit” model for cross-border stablecoin flows. Business & Retail: Hang Lung Properties appoints Leo Tsoi (ex-Starbucks China head) as its new CEO, while Nice Rice opens its first Hong Kong store in Causeway Bay. Public Services: Home Affairs will open 19 temporary heat shelters during very hot weather warnings, with extended overnight refuge hours.
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