Hong Kong Monetary Authority (HKMA)

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Developing | Hong Kong pares base rate in salve for borrowers, as a split Fed signals fewer cuts ahead

Hong Kong’s de facto central bank has cut its base interest rate for the third time in three months, lowering…

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HSBC, Standard Chartered complete first yuan repo under new scheme

Hong Kong note-issuing banks HSBC and Standard Chartered on Monday completed trades at the launch of the city’s cross-boundary bond…

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NWD and CK Asset launch sales, hoping HKMA’s first rate cut of the year revives sentiment

New World Development (NWD) and CK Asset Holdings on Thursday became the first two developers to announce property sales after…

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Can Hong Kong’s IPO boom plug the hole in the city’s floundering office market?

In the first instalment of our two-part series on Hong Kong’s beleaguered property market, industry players pin their hopes on…

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Payment Connect: Hongkongers, mainland China residents embrace service on launch day

Hongkongers and mainland residents jumped at the chance to send money across the border via a new electronic payment service…

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Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the US Federal Reserve, taking a breather…

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Evolve or perish: death knell for Hong Kong’s deposit-taking companies as reform deepens

Hong Kong’s deposit-taking companies (DTCs) will meet their end in current form within five years, after the banking regulator decided…

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