China’s central bank chief Pan Gongsheng promised to park more of the country’s US$3.2 trillion foreign exchange reserves in Hong Kong, fanning speculation about how much more Beijing can ...

head of wealth and personal banking in Hong Kong at HSBC. About two-thirds of Hongkongers said that having a mainland bank account would be convenient when travelling in China, but almost 70 per ...

HONG KONG, Jan 22 (Reuters) - China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ending a brief reprieve for the markets.

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 ...

“Hong Kong is an inalienable part of China; at the same time ... various initiatives such as the development of the Central Bank Digital Currencies (CBDCs), digital banks and virtual assets ...

The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of ...

Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says Hong Kong can become a multicurrency bond hub and Beijing's recently ...

New World Development, which has the highest debt among its Hong Kong peers, said it refinanced about HK$17.76 billion ($2.28 billion) of its bank loans ... CEO of New World China Land since ...

1/ Before issuance and repayment of government bonds and notes. 2/ Based on loans for use in Hong Kong SAR, excluding trade financing. 3/ Using latest data available for 2024. [1] Under Article IV of ...

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INVESTORS in China’s mainland stock market made a beeline for bank stocks last year, making the sector the market’s top performer despite the country’s sluggish economy, a slowdown in loan growth, and ...

Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still ...