Hong Kong's Top 10 Financial News of 2025: "Bitcoin Hits New High of $125,600" Ranks Eighth

According to TechFlow, on December 28, Wen Wei Po Hong Kong announced the "Top Ten Financial News of Hong Kong 2025". Among them, "The regulatory framework for the development of the digital economy and virtual assets is becoming more complete" ranked third. The introduction of the "Stablecoin Ordinance" has further improved Hong Kong's regulatory framework for digital asset activities. The market expects that stablecoin licenses will be issued as early as the beginning of 2026, and the launch of a Hong Kong dollar stablecoin is expected to benefit real commercial trade and cross-border transactions. "Cryptocurrency frenzy pushes Bitcoin to a new high of $125,600" ranked eighth. Trump’s high-profile support for Bitcoin has led its price to repeatedly hit new historical highs this year. However, it has since fallen back and once dropped to about $85,000, a decline of more than 30% from its peak.

Other financial news on the list includes: Major reform of the IPO mechanism allows Hong Kong IPOs to reclaim the world’s top spot after six years; expanding the commodity market to build an international gold trading hub; DeepSeek helps MPF investors earn more than 40,000 HKD; HSBC’s privatization of over 100 billions makes Hang Seng Bank the first and last listed bank in Hong Kong; remarkable results in attracting investment with investment immigration bringing in 78 billions; Hong Kong interest rates return to pre-rate hike cycle levels, leading to a rebound in the property market; Labubu’s global hot sales create a legend for new consumer stocks; and economic acceleration prompts Hong Kong to raise its full-year GDP growth forecast.