In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto licensing despite widespread regulatory changes both ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...
The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market.
The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also ...
People’s Bank of China governor Pan Gongsheng said during a 20-minute speech at the annual Asian Financial Forum in Hong Kong. Beijing could also adjust and increase fiscal spending, he said.
(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...
Both Hong Kong and Mainland China bounced around ... The governor of the People’s Bank of China (PBOC), China’s central bank, Pan Gongsheng stated that banks’ reserve requirement ratio ...
The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) will offer a 100 billion yuan (US$13.6 billion) liquidity facility for banks to help their customers obtain yuan ...
Hong Kong's Hang Seng Index climbed 0.7 percent ... breaking turn in 2024 was "certainly much better that what most people on Wall Street, myself included, thought we would get this year ...
Hong Kong is a special administrative region of the People’s Republic of China, which regained sovereignty over the former British colony in 1997. Hong Kong's Basic Law enshrines a principle of ...
Although the Hongkong and Shanghai Bank, Standard Chartered ... and the Basic Law of the Hong Kong Special Administrative Region of the People’s Republic of China (1990). Under this framework, the ...