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Hong Kong
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Hong Kong
Banking
Shenzhen and Hong Kong Commence Digital Renminbi Cross-border Payments Trials
CBNEditor
-
April 2, 2021
0
Trials for the use of the Digital Renminbi for cross-border payments purposes have commenced in the neighbouring cities of Shenzhen and Hong...
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Economy
PBOC Issues 25 Billion Yuan in Central Bank Bills on 19 February via Hong Kong
CBNEditor
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February 19, 2021
0
The People’s Bank of China (PBOC) isÂsued 25 bilÂlion yuan in renminbi-denominated cenÂtral bank bills on 19 February via auction in Hong...
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Finance
China Advances Cross-border Wealth Management Connect Initiative in Greater Bay Area
CBNEditor
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February 7, 2021
0
The Chinese government has issued a new directive to advance trials for a wealth management connect initiative linking the mainland market with...
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Banking
PBOC Issues 30 Billion Yuan in Central Bank Bills on 13 August via Hong Kong
CBNEditor
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August 13, 2020
0
The People's Bank of China (PBOC) isÂsued 30 bilÂlion yuan in renminbi-denominated cenÂtral bank bills on 13 August via auction in Hong...
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Fintech
UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card
CBNEditor
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August 12, 2020
0
The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...
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Finance
China’s IPO Market Maintains Robust Growth in First Half of 2020 Despite COVID-19: EY
CBNEditor
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June 24, 2020
0
A new report from Ernst & Young (EY) points to continued robust growth in China's A-share IPO's in the first half of...
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Banking
Japanese PM Shinzo Abe Offers Refuge to Hong Kong’s Financial Professionals
CBNEditor
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June 12, 2020
0
Japanese Prime Minister Shinzo Abe has said that Japan is willing to provide refuge to members of Hong Kong's financial sector in...
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Finance
Is China’s National Security Law the Nail in the Coffin for Hong Kong as Global Financial Hub?
CBNEditor
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June 12, 2020
1
China's recent mooting of a national security law in response to more than a year of intense civil unrest in Hong Kong...
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Finance
Hong Kong’s Status as International Financial Centre Will Not Weaken or Waver: China’s Banking Regulator
CBNEditor
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June 8, 2020
0
China's banking regulator has sought to reassure market opinion about the enduring status of Hong Kong as an international financial centre following...
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Economy
HSBC and Standard Chartered Announce Support for China’s National Security Law, Incur Wrath of UK Politicians
CBNEditor
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June 7, 2020
0
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
Banking
CBNEditor
-
April 22, 2021
0
The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions
Finance
CBNEditor
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April 22, 2021
0
The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter
Economy
CBNEditor
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April 22, 2021
0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender
Banking
CBNEditor
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April 22, 2021
0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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