‘We want to discuss how to navigate these changes and build resilience within the institutions to withstand any shocks,’ HKMA’s Eddie Yue says
HONG KONG: Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Tuesday that Hong Kong was considering 'deepening' some of the investment connection schemes between the city and mainland China.
Hong Kong financial institutions face significant challenges measuring climate risk, including a lack of both available data and standardised measurement methodologies, which could hinder their operations, according to a report from the Hong Kong Monetary Authority (HKMA).
HONG KONG, Oct. 27 (Xinhua) -- The results of the 2022 Bank for International Settlements (BIS) Triennial Survey of Foreign Exchange and Derivatives Market Turnover have reaffirmed Hong Kong's position as a major international financial center, the Hong Kong Monetary Authority (HKMA) said Thursday.
HONG KONG: The Hong Kong Monetary Authority sold HK$1.163 billion ($150.06 million) into the market in Hong Kong trading hours after the local currency hit the strong end of its trading band, according to data released by the HKMA.
HONG KONG: The Hong Kong Monetary Authority (HKMA) has announced on Saturday (June 6) that it sold HK$8.758 billion ($1.13 billion) worth of Hong Kong dollars on Friday after the currency hit the strong end of its trading band against the US dollar.
The Hong Kong Monetary Authority (HKMA) yesterday cut its base interest rate charged via the overnight discount window by 25 basis points (bps) to 4.75%, tracking a move by the Federal Reserve (Fed).
The HKMA proposes renaming ‘virtual banks’ as ‘digital banks’ to reflect their innovative nature
HSBC and ICBC (Asia) promote milestones using lai see envelopes, while the newly rebranded Hong Kong Gold Exchange sends out 60,000 red packets
‘We expect Hong Kong home prices to be up 5 per cent in 2025,’ says Praveen Choudhary of Morgan Stanley
HONG KONG: The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
HONG KONG (China Daily/Asia News Network): The Hong Kong Monetary Authority pledged to combat financial fraud by requiring banks to share information, monitor financial transactions in real-time, and provide customer alerts when the number of cases of financial fraud in Hong Kong is increasing.
About HK$4.5bil in losses have been incurred from scam and fraud cases in Hong Kong in the first six months of 2024.
HONG KONG: The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
HONG KONG, Sept. 20 (Xinhua) -- The Hong Kong Monetary Authority (HKMA) on Thursday reduced its base interest rate to 5.25 percent, which is widely considered to be conducive to enhancing Hong Kong's business environment and the business development of local enterprises.
Scams are the most common online threat in Hong Kong, causing lost money or time for nearly two thirds of the victims, a new report says.
HONG KONG: The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal Reserve to keep rates steady.
The Hong Kong Monetary Authority (HKMA) held its base rate steady at 5.5% yesterday after the US Federal Reserve (Fed) paused its interest rate hiking cycle for the first time in 15 months.
HONG KONG: The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal Reserve to keep rates steady.
HONG KONG: The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, in line with the U.S. Federal Reserve's decision to keep rates steady.