Hong Kong Monetary Authority

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Ant Group rules out foray into cryptocurrencies, embraces tokenisation economy

Ant Group has distanced itself from the business of issuing cryptocurrencies, pledging to focus on tokenisation to support the “real…

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Hong Kong’s financial market booms, as stocks rally fuels sales of funds, bonds and others

Sales of non-listed investment products soared to a record last year in Hong Kong, as capital poured into mutual funds,…

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Hong Kong’s sustainable debt market grows 15% as city prepares to host Green Week

The sustainable debt market in Hong Kong recorded solid growth in the first half of the year, with estimated issuances…

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Hong Kong home prices log fourth straight gain in July as market shows signs of recovery

Hong Kong’s lived-in home prices rose for a fourth consecutive month to a seven-month high in July, indicating the city’s…

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Hong Kong’s ‘low-rate honeymoon’ ends as HKMA’s dollar-peg defence raises Hibor

A “low-rate honeymoon” for Hong Kong borrowers has come to an end with an increase in the interest rate banks…

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Leather goods maker soars 68% after investing US$14 million in tokensation start-up

Leather goods manufacturer China International Development Corporation (CIDC) has invested HK$100 million (US$13.9 million) to acquire a 20 per cent…

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New Business

HKMA, HSBC allay concerns about Hong Kong’s loan books amid city’s property market slump

Hong Kong’s de facto central bank and the city’s largest lender have issued separate statements to assuage concerns about a…

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New Business

Ant Digital promotes blockchain platform as Hong Kong implements stablecoin law

Ant Digital, an affiliate of Chinese fintech giant Ant Group, is promoting its blockchain platform for asset tokenisation in Hong…

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New Business

HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future

Hong Kong’s stablecoins ordinance, which took effect on Friday, puts cryptocurrency’s most-traded cash substitute under the same regulatory framework as…

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New Business

Vanuatu looks to Hong Kong to support digital finance plans, economic transformation

Vanuatu is seeking closer ties with Hong Kong to support its ambitions in digital finance and economic diversification as the…

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