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Hong Kong Monetary Authority Reviews Currency Board Operations Amidst Global Economic Divergence

Hong Kong Monetary Authority Reviews Currency Board Operations Amidst Global Economic Divergence

The Hong Kong Monetary Authority (HKMA) discusses the stability of the HKD and economic challenges in its latest Currency Board Sub-Committee meeting.

Hong Kong Monetary Authority Announces Decrease in Composite Interest Rate for July 2024

Hong Kong Monetary Authority Announces Decrease in Composite Interest Rate for July 2024

The Hong Kong Monetary Authority reports a decrease in the composite interest rate to 2.58% at the end of July 2024.

Hong Kong Monetary Authority Reports 0.6% Increase in Total Deposits for July 2024

Hong Kong Monetary Authority Reports 0.6% Increase in Total Deposits for July 2024

The Hong Kong Monetary Authority reported a 0.6% increase in total deposits in July 2024, with notable changes in various deposit categories.

HKMA Imposes Penalty on WeChat Pay Hong Kong for AML Failures

HKMA Imposes Penalty on WeChat Pay Hong Kong for AML Failures

The Hong Kong Monetary Authority has fined WeChat Pay Hong Kong Limited HK$875,000 for contravening anti-money laundering regulations.

Hong Kong Monetary Authority Sets 4.00% Interest Rate for Silver Bond Series

Hong Kong Monetary Authority Sets 4.00% Interest Rate for Silver Bond Series

The Hong Kong Monetary Authority announced a 4.00% interest rate for the fourth payment of the Silver Bond Series due 2025.

Hong Kong Monetary Authority Suspends Registration of LI Shek Tang for Nine Months

Hong Kong Monetary Authority Suspends Registration of LI Shek Tang for Nine Months

The Hong Kong Monetary Authority has suspended the registration of LI Shek Tang for nine months due to misconduct involving the fabrication of a client's signature.

PBOC to Issue Renminbi Bills via Hong Kong Monetary Authority's Central Moneymarkets Unit

PBOC to Issue Renminbi Bills via Hong Kong Monetary Authority's Central Moneymarkets Unit

The People's Bank of China is set to issue Renminbi Bills through the Central Moneymarkets Unit of the Hong Kong Monetary Authority.

Hong Kong Monetary Authority Announces Interest Rate for Retail Green Bonds Due 2026

Hong Kong Monetary Authority Announces Interest Rate for Retail Green Bonds Due 2026

The Hong Kong Monetary Authority has set the interest rate for the second interest payment on retail green bonds due 2026 at 4.75% per annum.

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tender

Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tender

The Hong Kong Monetary Authority disclosed the results of its RMB sovereign bond tender held on October 16, 2024, revealing significant interest in its 2-year bonds.

HKMA Warns Against Fraudulent Websites Targeting Bank Julius Baer Clients

HKMA Warns Against Fraudulent Websites Targeting Bank Julius Baer Clients

The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing messages impersonating Bank Julius Baer, urging caution and reporting of suspicious activities.

HKMA Announces Results of 3-Year HKD Government Bond Tender

HKMA Announces Results of 3-Year HKD Government Bond Tender

The Hong Kong Monetary Authority revealed the results of its 3-year HKD government bond tender, with a bid-to-cover ratio of 3.89 and an annualized yield of 2.952%.

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority's September 2024 data reveals a 0.8% rise in total deposits, with Hong Kong dollar and foreign currency deposits contributing to this growth.

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