Hong Kong Monetary Authority

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Why China’s yuan needs Hong Kong to reach new international heights

The third and final part of the decoupling series looks at how Hong Kong’s financial system is crucial for China…

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After Trump crypto dinner, Justin Sun celebrates ‘strong signal’ to the industry

Hours after US President Donald Trump hosted a dinner with holders of his cryptocurrency token $TRUMP, the White House has…

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HKMA warns borrowers that Hibor could bounce back after hitting near 3-year low

Mortgage borrowers were able to save more after the one-month Hong Kong interbank offered rate (Hibor) fell below 1 per…

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Why Hong Kong’s interbank rate at 30-month low is a relief for homeowners, companies

Mortgage borrowers and companies are likely to benefit from a sharp fall in the Hong Kong interbank offered rates (Hibor),…

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China’s offshore yuan jumps to 6-month high as rollback of ‘egregious’ tariffs seen likely

The offshore yuan strengthened and broke past the 7.2 level against the US dollar for the first time since November,…

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Digital wallets poised to overtake credit cards in Hong Kong by 2030: report

Digital wallets are on track to become the dominant payment method in Hong Kong by 2030, accounting for nearly half…

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Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…

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Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing

Approved mortgage loans in Hong Kong rose to a nine-month high in February as buyers of new flats sought additional…

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Hong Kong’s home prices fall towards decade low on interest rate, tariff headwinds

Home prices in Hong Kong’s secondary property market dropped for a third straight month in February to near the lowest…

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New Business

Hong Kong property demand aided by stamp duty cuts, but stocks and interest rates are key

Hong Kong’s residential property market is showing signs of improvement following the government’s decision to lower the stamp duty for…

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