Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has launched a scheme to subsidize some of the costs of issuing tokenized bonds, aimed at encouraging more adoption of ...
The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub ...
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 ...
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 ...
Mainland’s property market is improving, PBOC governor Pan Gongsheng says, reiterating importance of special-purpose bonds ...
PBOC Governor Pan Gongsheng meanwhile told the Asia Financial Forum in Hong Kong that the central bank will substantially ...
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.
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
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 ...
In his opening remarks at the 18th Asian Financial Forum, Hong Kong Chief Executive John Lee Ka-chiu said the HKSAR ...
China’s currency has had a rough start to 2025. It is nearing a 16-month low, and many economists predict it has further to fall.
The People’s Bank of China (PBoC) and Hong Kong’s de facto central bank have announced measures aimed at bolstering the ...