Hong Kong Monetary Authority

The Hong Kong Monetary Authority is the government authority in Hong Kong responsible for maintaining monetary and banking stability. Its main functions and responsibilities are governed by the Exchange Fund Ordinance and the Banking Ordinance and it reports to the Financial Secretary.

See below for the Latest Hong Kong Monetary Authority News, Analysis, Profit Results, Share Price Information, and Commentary.

HK dollar deposits decrease by 0.5% in April

Total deposits with authorised institutions decreased by 0.3% in April.

HK dollar deposits decrease by 0.5% in April

Total deposits with authorised institutions decreased by 0.3% in April.

13% of SMEs find credit approval more difficult

The SMEs' perception jumped 1% compared to the previous quarter.

HKMA extends Banking Talent Programme until August

The programme was supposed to end in February.

HKMA records 0.4% increase in total deposits in December 2021

Local currency deposits, meanwhile, decreased by 0.8%.

RML in negative equity see increase to 21 cases in December 2021

The increase was attributed to bank staff housing loans.

New mortgage applications drop 15.7% MoM in December

Applications went down to 10,810 from 12,828 in November.

Deposits inch up by 0.6% in November 2021

Total loans and advances “remained virtually unchanged.”

HK launches first renminbi green bonds offering for $6.099

It was offered in two tranches with coupon rates of 2.8% and 3%.

Forex reserve assets slightly increase to US$498.1b

The total assets represent 48% of HK dollar M3.

Composite interest rate remains at 0.19% by end-September 2021

This is as the weighted funding cost for deposits was steady during the month.

Foreign currency reserves amount to $495b end-September

This represents about seven times the currency in circulation.

Total deposits slightly edge down by 0.1% in August

Meanwhile, total loans and advances increased by 0.3% in the same period.

Total loans rise 4% in June: HKMA

This was partially due to IPOs during the month.

More SMEs find credit approval eased in Q2: Survey

Some 72% of SMEs perceived banks’ credit approval stance as easier.

Exchange Fund gains $102.7b in H1

Its total assets stood at $4.5t as of end-June.