Hong Kong Monetary Authority

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What’s behind HSBC’s privatisation of Hang Seng Bank? Drive for efficiency, analysts say

HSBC Holdings’ plan to take its Hang Seng Bank subsidiary private marked a key step in the UK lender’s strategic…

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COO of Hong Kong’s Hang Seng Bank pays US$5.14 million for luxury flat in Happy Valley

Hang Seng Bank chief operating officer Vivien Chiu Wai-man has paid HK$40 million (US$5.14 million) for a 1,651 sq ft…

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New Business

Hong Kong to renew contract of SFC CEO Julia Leung for another two years: sources

Leung, a former journalist at The Asian Wall Street Journal, started her term as the first female head of the…

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Hong Kong property deals surge anew in September on rate cut, buoyant stocks

Deals covering new and lived-in homes, office spaces, shops, car parking slots as well as industrial units were estimated to…

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Hong Kong launches road map to deepen yuan’s role, expand financial market

Hong Kong unveiled a blueprint on Thursday for its fixed income and currency markets, including measures to expand offshore yuan…

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Hong Kong warns against unapproved yuan stablecoins amid crypto frenzy

The Hong Kong Monetary Authority (HKMA) cautioned investors that no stablecoins pegged to the offshore yuan had been approved for…

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New Business

The View | Why Hong Kong’s commercial property market could do with some stress

For one of the biggest disconnects between financial markets and economies in Asia, look no further than Hong Kong. The…

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Fed’s rate cut to fuel property investment globally, but Hong Kong faces hurdles

The resumption of a policy easing cycle following the US Federal Reserve’s quarter-point interest-rate reduction is likely to spur more…

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New Business

Hong Kong’s homebuyers brave storm signal at city’s first post-rate cut property sales

Hong Kong’s homebuyers defied a No 3 typhoon signal to snap up apartments during two property sales on Friday, entering…

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New Business

Fintech evolution paves the way for global banks to set up in Hong Kong: HKMA

The development of fintech and the strong desire of mainland Chinese companies to go global are conducive to Chinese and…

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