HONG KONG
Hong Kong Passes Stablecoins Bill to Enhance Regulatory Framework
The Hong Kong government has passed a new Stablecoins Bill, setting up a licensing regime for fiat-referenced stablecoins issuers, aiming to strengthen financial stability and foster innovation.
Hong Kong's Composite Interest Rate Sees Slight Decline in April 2025
The Hong Kong Monetary Authority reported a decrease in the composite interest rate to 2.02% at the end of April 2025, reflecting reduced weighted funding costs for deposits.
Hong Kong Credit Card Lending Declines in Q1 2025, Says HKMA
The Hong Kong Monetary Authority reported a 5.8% decrease in credit card lending for Q1 2025, marking a shift from the previous quarter's growth.
Hong Kong Monetary Authority Reveals Results of 15-Year Bond Tender
The Hong Kong Monetary Authority announced the results of a 15-year HKD institutional government bond tender, with a bid-to-cover ratio of 5.15 and an annualized yield of 3.414%.
Hong Kong Prepares for Tender of RMB 1.5 Billion Government Bonds
The Hong Kong Monetary Authority announces a tender for RMB 1.5 billion in 2-year government bonds, scheduled for May 13, 2025, as part of the Infrastructure Bond Programme.
HKMA Warns Public of Fraudulent Websites Linked to Octopus Cards
The Hong Kong Monetary Authority alerts the public about fraudulent websites impersonating Octopus Cards Limited, urging vigilance to protect personal information.
Hong Kong Announces Tender for 5-Year RMB Government Bonds
The Hong Kong Monetary Authority will hold a tender for RMB1.5 billion 5-year government bonds on May 13, 2025, with proceeds supporting infrastructure projects.
Hong Kong to Auction 10-Year RMB Institutional Government Bonds
Hong Kong Monetary Authority announces a tender for 10-year RMB Institutional Government Bonds, with a total of RMB1.0 billion on offer, set for May 13, 2025.
HKMA Reports Stable Credit Conditions for SMEs in Q1 2025
The Hong Kong Monetary Authority's survey revealed stable credit conditions for SMEs in Q1 2025, with a slight improvement in credit approval perceptions.
Hong Kong Authorities Unveil Measures to Combat Financial Crime
The Hong Kong Monetary Authority, Police Force, and Association of Banks introduce new measures to tackle fraud and money laundering, including expanded data use and enhanced bank collaboration.
HKMA Alerts Public on Fraudulent OCBC Bank Website in Hong Kong
The Hong Kong Monetary Authority has issued a warning about a fraudulent website posing as OCBC Bank (Hong Kong) Limited, urging public vigilance.
HKMA Reports February 2025 Composite Interest Rate Decrease
The Hong Kong Monetary Authority reports a decrease in the composite interest rate for February 2025, reflecting a reduction in the weighted funding cost for deposits.
Hong Kong Monetary Authority Reveals Results of 5-Year Bond Reopening
The Hong Kong Monetary Authority announced the successful tender results for the re-opening of 5-year institutional Government Bonds, reporting a bid-to-cover ratio of 6.25.
Hong Kong Monetary Authority Reveals Results of 20-Year Government Bond Tender
The Hong Kong Monetary Authority announced the results of a tender for 20-year HKD institutional government bonds, revealing a bid-to-cover ratio of 4.50 and an annualized yield of 3.851%.
CMU OmniClear and HKEX Forge Partnership to Boost Hong Kong's Financial Market Infrastructure
CMU OmniClear and HKEX sign an MOU to enhance post-trade securities infrastructure in Hong Kong, focusing on cross-asset efficiencies and RMB internationalization.