To compete for new clients during this prime opportunity, all of Hong Kong’s major lenders, including HSBC, Standard Chartered, and Bank of China (Hong Kong), alongside digital banks such as ZA ...

SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...

The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market.

People’s Bank of China governor Pan Gongsheng said during a 20-minute speech at the annual Asian Financial Forum in Hong Kong. Beijing could also adjust and increase fiscal spending, he said.

HONG KONG, Jan 13 (Reuters) - Chinese battery giant CATL has hired banks, including JPMorgan (JPM.N), opens new tab and Bank of America (BAC.N), opens new tab, to work on a Hong Kong listing, in ...

Wall Street rebounds as tech stocks surge, with the S&P 500 up 0.5% amid easing trade tensions and strong corporate earnings.

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 ...

Other lenders with high ratios included Bank of East Asia at 247 per cent as at Sep 2024 and Bank of China (Hong Kong) at 231.8 per cent. A Bank of East Asia spokesperson said the lender has been ...

Hong Kong dollar, Macau pataca, Singapore Dollar and Australian dollar. BOC successfully helped China Huaneng, China National Petroleum, Aluminum Corp of China, China Development Bank, Henan ...

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China will auction 60 ...

HONG KONG (Reuters) - Chinese investors are buying up large amounts of Hong Kong mutual fund products that invest overseas, particularly in bonds, after authorities expanded a cross-border trading ...

Well-known institutions such as; Bank of China (Hong Kong) Limited; Hongkong and Shanghai Banking Corporation Limited (HSBC); and, Citibank (Hong Kong) Limited. Restricted License Banks: These ...