AGP Executive Report
Last update: 4 hours agoAI and Finance: Hong Kong is pushing into agentic banking: the HKMA launched Project SAGE and an expert group, while new rules make it the first banking regulator to require identity credentials for AI agents. EX.IO also demonstrated an AI agent linking bank transfers to investments in a sandbox. Digital Banking: Standard Chartered launched tokenised deposits for corporate clients, enabling real-time, 24/7 settlement between participating banks through HKMA infrastructure. Cybersecurity: HKUST and the HKMA released a post-quantum cryptography toolkit to help banks prepare for future cyber threats. Research Partnerships: HKUST and HSBC will collaborate on AI, emerging technology and financial innovation, with the university serving as an academic partner to HSBC’s new Hong Kong institute. GBA Innovation: The Greater Bay Area Science Forum unveiled support measures for major research infrastructure and cross-city technology collaboration. Energy Tech: Octopus is exploring home battery systems with Ampace, the CATL–Amperex joint venture, combining battery hardware with Octopus’s software and smart-energy services.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.