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.
Hong Kong unveils 10 SME measures to ease financing and digital access
Hong Kong unveils 10 SME measures to ease financing and digital access
Measures include free credit checks, BUD Fund expansion and Cyberport matching funds for AI.
4 days ago
Sohar International debuts Asia‑Pacific base in Hong Kong
The new base gives the Omani lender closer access to Mainland China and Asia.
HSBC and BOCHK back Hong Kong’s wholesale CBDC pilot
Both banks will participate in the pilot project.
Hong Kong, China and Indonesia ink MOU to boost rupiah-renminbi transactions
They will establish a cooperation framework.
HKMA and HKEX eye one-stop multi-asset post-trade hub
It will cover Mainland and Hong Kong equities and debt.
Electronic bond trading platform to launch in H2
Hong Kong will also encourage more digital bond issuances.
OTC dealers face tighter clearing tests under fixed annual periods
Fixed annual periods proposed under Clearing Rules.
Monetary Authority lowers base rate to 4%
The decrease followed a 25-basis point downward adjustment in the US federal funds target.
Residential mortgage loans reached $31.3b in October
Loan transactions decreased by 2.1% to $12.4b, whilst secondary transactions increased by 3.4% to $16b.
IPOs, wealth management drive bank deposits to hit $19.1t in September
It made the nation a ‘safe haven’ for capital, the Financial secretary said.
Mortgage loans approval up 9.4% to $31.4b in September.
Mortgage applications for the month dipped by 1.1%.
HKMA adjusts base rate to 4.25%
It follows the 25-basis point downward adjustment in the funds rate of the West.
Hong Kong central bank names deputy CEO for exchange fund investment office
Goh previously worked in Goldman Sachs and J.P. Morgan.
Hong Kong relaxes info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
Credit card transaction value decline in Q2
This is despite the volume of transactions rising during the quarter.
RMB Business Facility to be launched
The government plans to issue more RMB bonds and set gov’t expenditure in RMB.
Singapore and Hong Kong enhance banking supervision cooperation
It enhances supervision of cross-border operations of banks under their purview.
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Commentary
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AI, data centres, and the coming energy supercycle in Hong Kong
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