News

HONG KONG -- China has expanded its Southbound Bond Connect program to allow a broader range of mainland financial ...
China expanded the scope of investors to include more mainland-based financial groups under the eight-year-old Bond Connect ...
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's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
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 ...
Supported services include instant remittance services, amongst others. The central banks of Hong Kong and China have pushed ...
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 ...
HONG KONG (Reuters Breakingviews) - Does it matter if you can’t visit a place so long as your cash can get there? Asking for Hong Kong friends.
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 ...
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 ...