Hong Kong Monetary Authority

New Business

New World loses more market value as developer strives to contain debt crisis

New World Development (NWD) can’t seem to catch a break. Two rounds of top management shake-up to tackle its debt…

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New Business

Exclusive | Credit Agricole bolsters Asia expansion from Hong Kong, undeterred by Trump’s trade war

French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in…

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New Business

Hong Kong home prices rise for the first time since March, though rents cool slightly

Secondary home prices increased 0.62 per cent to a reading of 290.1 in October from 288.3 in September, according to…

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New Business

Hong Kong rental yields hit 12.5-year high on talent-scheme influx, lower rates

Rental yields for Hong Kong residential properties have hit the highest level in more than a dozen years and are…

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New Business

Homebuyers snap up flats at Wang On’s 101 King’s Road project amid market revival

Homebuyers flocked to a new residential project offered by Wang On Properties in Hong Kong’s Eastern district on Saturday, showing…

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New Business

In Hong Kong vs Trump 2.0, global CEOs see new hopes, old threats

China envisions Hong Kong’s capital markets as a beacon of prosperity, having lifted the city out of social chaos in…

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New Business

Hong Kong signs agreement with People’s Bank of China to enhance Faster Payment System

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the Chinese central bank to promote cross-border linkages for…

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New Business

Hong Kong’s July home sales fall for the third month as supply glut defies discount war

Hong Kong’s home sales fell for the third consecutive month in July, declining by 3.5 per cent from the previous…

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New Business

Hong Kong to ease key mortgage insurance rule to help families cope with financial stress

Hong Kong, through its mortgage insurance programme company, is relaxing one of its key rules to help the city’s residents…

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Tech

Hong Kong widens net to snare fraudsters as losses from online scams surge

Alerts on automatic teller machines are expected to be launched by the end of this year, upon completion of testing.…

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