Mortgage borrowers and companies are likely to benefit from a sharp fall in the Hong Kong interbank offered rates (Hibor),…
Read More »Eddie Yue Wai-man
The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market over the past week to rein in the…
Read More »Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…
Read More »Hong Kong’s de facto central bank on Wednesday launched a sandbox for wholesale central bank digital currency (wCBDC), with six…
Read More »The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details…
Read More »The Hong Kong Monetary Authority (HKMA) has ruled out issuing new virtual bank licences after a review found that the…
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