HONGKONG
Hong Kong's Resilience as a Top Asset and Wealth Management Hub: SFC Survey 2023
The SFC survey highlights Hong Kong's enduring position as a leading international asset and wealth management hub in 2023.
Hong Kong Mortgage Corporation Appoints Colin Pou as New CEO
The Hong Kong Mortgage Corporation Limited (HKMC) has appointed Colin Pou Hak Wan as the new CEO, effective December 2024, succeeding Raymond LC Li.
Hong Kong Monetary Authority Announces Results of RMB Sovereign Bond Tenders
Hong Kong Monetary Authority released the results of the RMB Sovereign Bond tenders held on July 10, 2024, highlighting significant details of the issuance.
Hong Kong Monetary Authority Warns Against Unauthorized Banking Activities
The HKMA alerts the public about unauthorized banking activities by a firm operating without proper authorization in Hong Kong.
Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits
The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits.
Hong Kong Mortgage Applications Drop 16.1% in May 2024, HKMA Reports
The Hong Kong Monetary Authority reported a 16.1% decrease in mortgage applications for May 2024, while mortgage loans approved increased by 8.8%.
HKMA Releases June 2024 Quarterly Bulletin Highlighting Banking Sector Developments
The Hong Kong Monetary Authority (HKMA) published its June 2024 Quarterly Bulletin, focusing on recent banking sector developments.
HKMC Releases 2023 Annual Report Highlighting ESG Initiatives
The Hong Kong Mortgage Corporation Limited (HKMC) has published its 2023 Annual Report, focusing on business performance, financial position, and ESG initiatives.
SFC Celebrates 35 Years, Outlines Future Vision for Hong Kong’s Capital Markets
The Securities and Futures Commission (SFC) marks its 35th anniversary, detailing strategic plans for Hong Kong's financial future.
SFC Commends Progress on Mainland-Hong Kong Mutual Recognition of Funds Enhancement
SFC welcomes advancements in Mainland-Hong Kong Mutual Recognition of Funds enhancements.
Hong Kong Monetary Authority Announces 2.00% Interest Rate for iBond Series
HKMA sets 2.00% interest rate for iBond Series' sixth payment.
Hong Kong's Foreign Currency Reserve Assets Reach $417.2 Billion in May 2024
Hong Kong’s foreign currency reserves hit $417.2 billion in May 2024, per the HKMA.
Hong Kong Monetary Authority Reports April Foreign Currency Reserves
HKMA releases data on Hong Kong's foreign currency reserves and liquidity for April 2024.
HK SFC: Two Former Brokers Sentenced to Jail Over False Trading
Two former brokers face jail for false trading in Hong Kong.
Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy
The Hong Kong office of Sheikh Ali Rashed Ali Saeed Al Maktoum, a member of the ruling family in Dubai, has received a warning from the US Securities and Exchange Commission (SEC) regarding their involvement in cryptocurrencies. Additionally, the Hong Kong subway operator, MTR Corporation, has been listed as an untrustworthy company.