HONGKONG
Hong Kong Mortgage Market Sees Uptick in Applications for January 2025
The Hong Kong Monetary Authority reports a 3.3% increase in mortgage applications for January 2025, while approved loans decrease by 2.1% to HK$25 billion.
Hong Kong's January 2025 Monetary Statistics Show Positive Trends
The Hong Kong Monetary Authority reports an increase in total deposits and renminbi deposits in January 2025, indicating positive economic trends.
Hong Kong Successfully Reopens 3-Year HKD Government Bonds with High Demand
The Hong Kong Monetary Authority announced the successful reopening of 3-year HKD HKSAR Government Bonds, attracting HK$9.32 billion in bids against a HK$2 billion issuance.
Standard Chartered, Animoca Brands, and HKT to Launch HKD-Backed Stablecoin
Standard Chartered, Animoca Brands, and HKT are forming a joint venture to issue a stablecoin backed by the Hong Kong dollar, pending regulatory approval.
Hong Kong Credit Card Lending Increases by 7.9% in Q4 2024
The Hong Kong Monetary Authority reports a 7.9% rise in credit card receivables for Q4 2024, driven by festive spending and tax payments.
Hong Kong Monetary Authority to Conduct Tender for 2-Year Exchange Fund Notes in February 2025
The Hong Kong Monetary Authority (HKMA) announces a tender for 2-year Exchange Fund Notes on February 21, 2025, offering HK$1,200 million with an interest rate of 3.34% per annum.
Hong Kong Monetary Authority to Reopen 2-Year RMB Government Bonds
The Hong Kong Monetary Authority will hold a tender for the reopening of 2-year RMB government bonds under the Infrastructure Bond Programme on February 13, 2025.
HKMA Reports Stable Credit Conditions for SMEs in Q4 2024
The Hong Kong Monetary Authority's survey indicates that SMEs experienced broadly stable credit conditions in Q4 2024, with minor changes in credit approval perceptions.
HKMA Warns Against Fake News and Fraudulent Projects
The Hong Kong Monetary Authority (HKMA) alerts the public about fake news and fraudulent claims regarding a poverty alleviation project allegedly associated with the HKMA.
Hong Kong Monetary Authority Announces Upcoming Exchange Fund Bill Tenders
The Hong Kong Monetary Authority has scheduled tenders for Exchange Fund Bills on February 4, 2025, offering significant financial instruments with varied maturities.
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.