Hong Kong dollar

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Hong Kong mortgage loans hit 12-month high of US$3.4 billion as low rates lure refinancers

Hong Kong’s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing…

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New Business

Hong Kong stablecoin law draws mainland attention as Citic anticipates tokenisation boom

Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset…

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New Business

HKMA warns borrowers that Hibor could bounce back after hitting near 3-year low

Mortgage borrowers were able to save more after the one-month Hong Kong interbank offered rate (Hibor) fell below 1 per…

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New Business

Explainer | What’s in store for homebuyers as HKMA intervenes in currency market

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market over the past week to rein in the…

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