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Hong Kong Monetary Authority
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Hong Kong Monetary Authority
Fintech
Cross-border Digital Renminbi Payments Technology Undergoes Testing in Hong Kong
CBNEditor
-
December 7, 2020
0
The Chinese central bank and the Hong Kong Monetary Authority (HKMA) are testing out technology to permit the use of the...
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Economy
Chinese Central Bank and Hong Kong Monetary Authority Expand Currency Swaps Agreement
CBNEditor
-
November 26, 2020
0
The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have extended and expanded their currency swaps agreement.
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Banking
Hong Kong Monetary Authority Flags “Soft Launch” of Virtual Banking Services in Fourth Quarter
CBNEditor
-
October 7, 2019
0
The Hong Kong Monetary Authority (HKMA) has flagged the launch of the territory's first virtual banking services before the end of the...
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Banking
Hong Kong Monetary Authority Issues Virtual Banking Licenses to Ant Financial, Tencent, Ping An and Xiaomi Subsidiaries
CBNEditor
-
May 11, 2019
0
The subsidiaries of a slew of China's leading fintech players have obtained licenses to operate virtual banks in Hong Kong.
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Finance
Hong Kong Turns to Ping An Group for Blockchain-driven Trade Finance Platform
CBNEditor
-
July 20, 2018
0
The Hong Kong Monetary Authority plans to launch a blockchain-based trade finance platform using technology that has already been deployed in mainland China. The initiative...
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Most Read
Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels
Banking
CBNEditor
-
April 19, 2021
0
The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...
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Jack Ma Reportedly Being Ousted from Ant Group by Chinese Authorities
Fintech
CBNEditor
-
April 19, 2021
0
Storied Internet entrepreneur Jack Ma is reportedly being forced by Chinese authorities to make a complete withdrawal from his fintech and payments...
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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%
Economy
CBNEditor
-
April 16, 2021
0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%
Economy
CBNEditor
-
April 16, 2021
0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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