Against the backdrop of the US dollar index hitting its biggest drop in over five months overnight and a sustained decline at the beginning of the Asian session, most Asian currencies have strengthened along the way.
Recently, OpenAI and SoftBank jointly announced a $1 billion investment in infrastructure company SB Energy (with each contributing $500 million) to help expand its AI data center business.
Recently, the onshore and offshore Renminbi (RMB) against the US dollar has been fluctuating around the 7.0 mark, showing a clear upward trend. In 2025, the RMB followed a curve of "initially suppressed and then rising".
Recently, several local banks and fintech companies have started preparations for the issuance of compliant Hong Kong dollar stablecoins. These stablecoins will be linked to the Hong Kong dollar in a 1:1 reserve ratio.
Hong Kong’s “event economy” gains fresh impetus! The latest hit is the local “horse racing tourism”. Answering the government’s call, the Hong Kong Jockey Club has invested over HK$10 billion to upgrade Sha Tin and Happy Valley racecourses.