Mainland tourists can spend digital yuan in Hong… Bank of China Hong Kong kicked off a new e-CNY trial with 200 merchants on Tuesday, its third in the city to test…
Hong Kong intervenes in currency market as… The HKMA made its 40th current market intervention this year to defend its dollar peg by selling US$389 million…
Hong Kong banks’ record high borrowing costs to… The interest rates Hong Kong’s banks charge each other for borrowing money have hit new highs and are expected to…
Hong Kong raises size and returns on Silver Bond… The Hong Kong government has increased the size and guaranteed returns for its latest batch of Silver Bonds,…
Standard Chartered to invest US$300 million in… The lender reported a pre-tax loss of US$208 million in the fourth quarter, missing a consensus estimate of a…
Hong Kong lenders intensify rivalry in… Hong Kong lenders are escalating efforts to expand the local market for electronic lai see amid increasing demand…