Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says Hong Kong can become a multicurrency bond hub and Beijing's recently announced measures to expand the Bond Connect scheme will further enhance the city's role as a prime destination for debt issuance,

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 funding for one, three and six months to support trade.

The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also be used as margin collateral for derivatives transactio

New rules further opening up China’s financial markets could give some mainlanders access to cryptocurrency investment products for the first time.

Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.

China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line with other civil servants,

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.

The People’s Bank of China (PBoC) and Hong Kong’s de facto central bank have announced measures aimed at bolstering the financial ties between the territory and the mainland and promoting the use of the yuan and renminbi-denominated bonds.

China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve capital flows by allowing companies to borrow more overseas.

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 ...

Yields in the nation’s benchmark 10-year bonds have plunged over 30 basis points to around 1.65% since the beginning of December.

State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.