Hong Kong Monetary Authority

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…

Read More »
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…

Read More »
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…

Read More »
New Business

HKMA takes action against 3 banks over money laundering, counterterrorism rules

The Hong Kong Monetary Authority (HKMA) on Tuesday took disciplinary action against three banks for failing to comply with regulations…

Read More »
New Business

Hong Kong fights carry trade pressure with US dollar sales to maintain currency peg

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market on Tuesday, for the sixth time since late…

Read More »
New Business

Why can’t Hong Kong retail landlords cut rents for struggling tenants?

In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and…

Read More »
New Business

China’s state-asset watchdog explores potential role of stablecoins, other digital assets

The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies”…

Read More »
New Business

HKMA intervenes in the market for the fifth time in 2 weeks to defend currency peg

The Hong Kong Monetary Authority (HKMA) intervened in the foreign-exchange market on Friday for the fifth time in two weeks,…

Read More »
New Business

China expands Bond Connect by allowing more players to join banks in offshore market

China expanded the scope of investors to include more mainland-based financial groups under the eight-year-old Bond Connect programme, taking a…

Read More »
New Business

Hong Kong stocks rise on mainland fund purchases, Beijing growth pledge

Hong Kong stocks rose from a one-week low as mainland funds ploughed more money into the city’s assets on optimism…

Read More »
Back to top button