Do governments see crypto as a legitimate currency now? The Hong Kong Monetary Authority launched its "Supervisory Incubator for Distributed Ledger ...
To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...
Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...
Hong Kong Monetary Authority (HKMA) initiated accepting applications for Digital Bond Grant Scheme (the Grant Scheme) to financially ...
Hongkongers are facing many economic uncertainties, with a trade war topping the list, but the city's diversified export destinations and support from mainland China will help reduce any negative ...
In a bold move to capitalize on the growing Web3 market, Tencent-backed (TME) WeBank has announced plans to expand its operations in Hong Kong, leveraging its subsidiary and a substantial war chest of ...
In Review And Outlook For 2025. Discover key employment law updates in Hong Kong for 2024, including court rulings, ...
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal ...
Asia-Pacific markets rose on Thursday despite a sharp decline on Wall Street the previous day as investors reassessed the Fed ...
Asian Banking & Finance on MSN11d
Hong Kong’s total loans down 2.8% in 2024Loans for use outside Hong Kong dropped by 1.3% in December. Total loans and advances in Hong Kong rose by 0.3% in December, but fell by 2.8% for 2024 as a whole, according to central bank data. Loans ...
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...
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