IP financing sandbox launched

Source: Hong Kong Information Services

The Government today announced the official launch of the intellectual property (IP) financing sandbox and the opening of the Hong Kong Technology & Innovation Support Centre, marking key milestones in promoting IP financing and further developing Hong Kong’s IP trading ecosystem while fostering innovation.

The IP financing sandbox was launched by the Hong Kong Monetary Authority (HKMA) in collaboration with the Commerce & Economic Development Bureau (CEDB) and the Intellectual Property Department (IPD).

As set out in the Chief Executive’s 2025 Policy Address, the IP financing sandbox aims to assist pilot sectors in leveraging IP assets for financing.

The sandbox serves to provide a collaborative and risk-controlled environment for banks, IP valuation firms, legal practitioners and other relevant professions to test the full lifecycle of IP financing arrangements that are based on IP assets such as patents, trademarks and copyrights.

Through the sandbox, banks can develop and refine their IP financing arrangements with the support from multidisciplinary professionals as well as guidance by the HKMA, the CEDB and the IPD.

This initiative can also enable banks to accumulate practical experience in providing IP financing to better serve the needs of innovative enterprises, particularly small and medium-sized enterprises which are rich in IP assets but may lack tangible assets that can be pledged as collateral for bank financing.

Three major banks in Hong Kong have joined the sandbox as inaugural participants, and have solicited interest from clients from the biotechnology, electronics and technology sectors to conduct pilot trials of IP financing through the sandbox.

Secretary for Commerce & Economic Development Algernon Yau said the IP financing sandbox, together with other related measures announced in the Chief Executive’s 2025 Policy Address, would help leverage Hong Kong’s unique strengths to build an ecosystem where IP is protected with rigour, valued with clarity, and financed with confidence, with a view to strengthening the city’s role as a regional IP trading centre.

Alice Mak mourns Buddhist leader

Source: Hong Kong Information Services

Secretary for Home & Youth Affairs Alice Mak today expressed deep sorrow over the passing of the Most Venerable Jing Yin, Chairman of the Board of Directors and the Eighth Abbot of Po Lin Monastery.

Miss Mak said the Most Venerable Jing Yin dedicated his life to promoting Buddhism and benefitting the Buddhist community, noting that he also took an active part in education and social matters, rendering immense meritorious service.

“The Most Venerable Jing Yin was always concerned about the matters of Islands District. Since 2020, he had served as a member of the Lamma Area Committee, offering advice on the district’s development and environmental improvements. He made significant contributions, particularly in the conservation and promotion of traditional culture, with fruitful results.

“The Buddhist community and members of the public are grateful for his contributions. We will always remember him.” 

Inflation at 1.2% in Nov

Source: Hong Kong Information Services

Overall consumer prices rose 1.2% year-on-year in November, the same as in October, the Census & Statistics Department announced today.

Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1% in November, the same as that recorded in the previous month.

Compared with the year before, price increases were recorded in November in the following categories: transport; alcoholic drinks and tobacco; miscellaneous services; housing; meals out and takeaway food; miscellaneous goods; and basic food.

Meanwhile, year-on-year decreases were logged for clothing and footwear; durable; and electricity, gas and water.

The Government said consumer price inflation stayed subdued in November. It expects that overall inflation should remain modest in the near term, as cost pressures on the domestic and external fronts are still broadly in check.

Hong Kong Monetary Authority tenders of Exchange Fund Bills to be held on December 30

Source: Hong Kong Government special administrative region – 4

The following is issued on behalf of the Hong Kong Monetary Authority:

Tenders to be held in the week beginning December 29, 2025:
 

Tender date : December 30, 2025
Paper on offer : EF Bills
Issue number : Q2553
Issue date : December 31, 2025
Maturity date : April 1, 2026
Tenor : 91 Days
Amount on offer : HK$69,030 MN
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Tender date : December 30, 2025
Paper on offer : EF Bills
Issue number : H2582
Issue date : December 31, 2025
Maturity date : July 2, 2026
Tenor : 183 Days
Amount on offer : HK$20,400 MN

HKMA, CEDB and IPD launch IP Financing Sandbox

Source: Hong Kong Government special administrative region

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA), in collaboration with the Commerce and Economic Development Bureau (CEDB) and the Intellectual Property Department (IPD), launched the Intellectual Property (IP) Financing Sandbox today (December 22). 
      
     As set out in “The Chief Executive’s 2025 Policy Address”, the IP Financing Sandbox aims to assist pilot sectors in leveraging IP assets for financing. 
      
     The Sandbox serves to provide a collaborative and risk-controlled environment for banks, IP valuation firms, legal practitioners and other relevant professions to test the full lifecycle of IP financing arrangements that are based on IP assets such as patents, trademarks and copyrights. 
      
     Through the Sandbox, banks can develop and refine their IP financing arrangements with the support from multidisciplinary professionals as well as guidance by the HKMA, the CEDB and the IPD. This initiative can also enable banks to accumulate practical experience in providing IP financing to better serve the needs of innovative enterprises, particularly small and medium-sized enterprises which are rich in IP assets but may lack tangible assets that can be pledged as collateral for bank financing.
      
     Three major banks in Hong Kong have joined the Sandbox as inaugural participants, and have solicited interests from clients from the biotechnology, electronics and technology sectors to conduct pilot trials of IP financing through the Sandbox (see Annex). 

SHYA expresses deep sorrow at passing of the Most Venerable Jing Yin

Source: Hong Kong Government special administrative region

SHYA expresses deep sorrow at passing of the Most Venerable Jing Yin      
     Miss Mak said, “The Most Venerable Jing Yin dedicated his life to promoting Buddhism and benefitting the Buddhist community. He also took an active part in education and social matters, rendering immense meritorious service. The Most Venerable Jing Yin was always concerned about the matters of Islands District. Since 2020, he had served as a member of the Lamma Area Committee, offering advice on the district’s development and environmental improvements. He made significant contributions, particularly in the conservation and promotion of traditional culture, with fruitful results. The Buddhist community and members of the public are grateful for his contributions. We will always remember him.” 
Issued at HKT 17:11

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