The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub ...

Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it, the chief executive of Hong Kong's ...

In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto licensing despite widespread regulatory changes both ...

Mainland’s property market is improving, PBOC governor Pan Gongsheng says, reiterating importance of special-purpose bonds ...

The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which ...

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.

Hong Kong's de facto central bank cut its base rate to 4.75 per cent, the lowest since December 2022, after the Fed cut its rate by the same amount to a range of 4.25 to 4.50 per cent. Both ...

Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.

Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...

China’s central bank has hit pause on government-bond purchases, citing excess demand. The People's Bank of China has already moved to support the country's flagging currency, through sett ...