News

HONG KONG -- China has expanded its Southbound Bond Connect program to allow a broader range of mainland financial ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
HONG KONG/SHANGHAI ― China will support more onshore investors to invest in offshore bonds and expand the scope of the Bond Connect scheme to include nonbanking institutions, a senior People’s Bank of ...
China has banned uncertified power banks on flights, warning that those without the 3C labels pose serious fire risks.
A German church pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move ...
The Hong Kong Monetary Authority (HKMA) has signed an agreement with the Chinese central bank to promote cross-border linkages for the Faster Payment System (FPS), creating a framework for ...
China plans to enact national security legislation for Hong Kong that would put an end to free speech and political freedoms guaranteed to the city when it was handed back to China in 1997.
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have begun testing its central bank digital currency (CBDC) or digital yuan for cross-border transfers, according to ...
Nearly 90,000 people have left Hong Kong in the past year, the biggest net outflow in more than half a century since records were kept, leading to a steep 1.2 percent drop in the population.
The Hang Seng Index HK:HSI in Hong Kong jumped 4.2%, taking its gains to 9.2% over just the last three days after the Peoples’ Bank of China on Tuesday revealed a swathe of stimulus measures ...
The People's Bank of China serves as the central bank, managing the yuan and implementing monetary policy across mainland territories (except Hong Kong and Macao).
China Zheshang Bank Co., based in China’s eastern Zhejiang province, is planning to raise around US$1 billion from an initial public offering in Hong Kong as early as the fourth quarter this ...