HONG KONG
HKMA Reports Slight Increase in Composite Interest Rate for December 2024
The Hong Kong Monetary Authority announced a rise in the composite interest rate to 2.24% by December 2024, reflecting increased weighted funding costs for deposits.
Hong Kong Monetary Authority Reveals Results of RMB Bill Tender
The Hong Kong Monetary Authority announced the results of the People's Bank of China's RMB bill tender held on January 15, 2025, involving six-month RMB bills.
Hong Kong Monetary Authority Warns of Fraudulent DBS Bank Websites
The Hong Kong Monetary Authority alerts the public to fraudulent websites and internet banking login screens linked to DBS Bank (Hong Kong) Limited.
Hong Kong Monetary Authority Announces Tender for 10-Year Government Bonds
The Hong Kong Monetary Authority will conduct a tender for 10-year HKD HKSAR Institutional Government Bonds on January 15, 2025, with an interest rate of 3.84% per annum.
Hong Kong's Mortgage Market Sees Uptick in November 2024
Hong Kong Monetary Authority reports a 9.7% increase in mortgage applications for November 2024, with loans approved reaching HK$24.2 billion.
Hong Kong Monetary Authority Reports Successful Tender of RMB Bills
The Hong Kong Monetary Authority announced results from the tender of six-month RMB Bills by the People's Bank of China, held on December 18, 2024.
HKMA Expands One-Stop Dataset of Retail Banking Facilities in Hong Kong
The Hong Kong Monetary Authority (HKMA) has expanded its dataset offerings through an Open API, enhancing data on retail banking facilities and promoting innovative applications.
Hong Kong Monetary Authority Reviews Currency Board Operations and Economic Outlook
The Hong Kong Monetary Authority discusses the stability of the HKD, economic growth, and risks in global markets during a recent meeting.
Hong Kong Monetary Authority Penalizes China CITIC Bank for AML Violations
The Hong Kong Monetary Authority has fined China CITIC Bank International Limited HK$4 million for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.
HKMA and SAMA Deepen Financial Ties Between Hong Kong and Saudi Arabia
The Hong Kong Monetary Authority and Saudi Central Bank strengthen financial cooperation through a bilateral meeting, focusing on infrastructure, technology, and investment opportunities.
HKMA Announces Results of 1-Year RMB Government Bond Tender
The Hong Kong Monetary Authority released the results of a 1-year RMB government bond tender, reporting a strong bid-to-cover ratio and competitive yield.
Hong Kong Expands Fraud Alert System to ATM Transactions
The Hong Kong Monetary Authority, with police and banks, expands its Suspicious Account Alert system to include ATM transactions, enhancing anti-fraud measures.
Hong Kong and Switzerland Strengthen Financial Ties in Seventh Dialogue
The Hong Kong-Switzerland Financial Dialogue focused on enhancing collaboration in financial services, addressing global financial challenges, and exploring opportunities in sustainable finance and Fintech.
HKMA Reports Strong Demand in 15-Year Institutional Government Bond Tender
The Hong Kong Monetary Authority announced successful tender results for 15-year HKD institutional government bonds, highlighting a high bid-to-cover ratio and competitive yield.
Hong Kong Monetary Authority Announces Results of 5-Year Government Bond Tender
The Hong Kong Monetary Authority reported strong demand for its 5-year HKD HKSAR Institutional Government Bonds, with a bid-to-cover ratio of 3.24 and an annualized yield of 3.179%.