The latest update as of July 2026: The company has entered the substantive final preparation phase, though it still faces critical tests regarding regulation and internal governance before a successful listing. Core Progress & Key Milestones Advancing Hong Kong IPO: Rumors suggest the company has hired Goldman Sachs and CICC, planning to confidentially file for a Hong Kong listing by the end of June 2026. Targeting a debut as early as the second half of 2026, it could become

In the past, many people had a simple understanding of using credit cards overseas: as long as the amount was small, there would be no problem. However, today's reality is changing. Driven by global trends in Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and cross-border tax transparency, financial regulatory authorities across countries are strengthening their digital monitoring capabilities for cross-border capital flows. China is also continuousl

Why is this worth paying attention to? Imagine you usually use cash to buy things, and suddenly one day, the government announces: "We have authorized two institutions to issue 'Digital Hong Kong Dollars (HKD)'. One coin will always equal one HKD, and it can be transferred instantly via mobile phone. You will no longer need to queue up to exchange money when traveling to Mainland China or Southeast Asia." This is exactly what happened on April 10, 2026. The Hong Kong Monetary

I. Why Should You Read This Article? On August 1, 2025, the Stablecoin Ordinance (Cap. 656) will officially come into effect, elevating...