Friday, April 23, 2021
Tags Hong Kong

Tag: Hong Kong

Shenzhen and Hong Kong Commence Digital Renminbi Cross-border Payments Trials

Trials for the use of the Digital Renminbi for cross-border payments purposes have commenced in the neighbouring cities of Shenzhen and Hong...

PBOC Issues 25 Billion Yuan in Central Bank Bills on 19 February via Hong Kong

The People’s Bank of China (PBOC) is­sued 25 bil­lion yuan in renminbi-denominated cen­tral bank bills on 19 February via auction in Hong...

China Advances Cross-border Wealth Management Connect Initiative in Greater Bay Area

The Chinese government has issued a new directive to advance trials for a wealth management connect initiative linking the mainland market with...

PBOC Issues 30 Billion Yuan in Central Bank Bills on 13 August via Hong Kong

The People's Bank of China (PBOC) is­sued 30 bil­lion yuan in renminbi-denominated cen­tral bank bills on 13 August via auction in Hong...

UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card

The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...

China’s IPO Market Maintains Robust Growth in First Half of 2020 Despite COVID-19: EY

A new report from Ernst & Young (EY) points to continued robust growth in China's A-share IPO's in the first half of...

Japanese PM Shinzo Abe Offers Refuge to Hong Kong’s Financial Professionals

Japanese Prime Minister Shinzo Abe has said that Japan is willing to provide refuge to members of Hong Kong's financial sector in...

Is China’s National Security Law the Nail in the Coffin for Hong Kong as Global Financial Hub?

China's recent mooting of a national security law in response to more than a year of intense civil unrest in Hong Kong...

Hong Kong’s Status as International Financial Centre Will Not Weaken or Waver: China’s Banking Regulator

China's banking regulator has sought to reassure market opinion about the enduring status of Hong Kong as an international financial centre following...

HSBC and Standard Chartered Announce Support for China’s National Security Law, Incur Wrath of UK Politicians

Two leading British banks with operations in Hong Kong have announced their support for the highly controversial National Security Law mooted by...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...