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.

HKMA forms expert panel for Project CargoX

HKMA forms expert panel for Project CargoX

The panel will guide initiatives to streamline and enhance trade finance processes.

HKMA, Cyberport launches second cohort of GenA.I. Sandbox

This comes amidst positive feedback from the inaugural launch.

Hong Kong rolls out new measures against fraud and mule accounts

The central bank will roll-out an updated platform for banks to exchange information.

Hong Kong’s total loans down 2.8% in 2024

Loans for use outside Hong Kong dropped by 1.3% in December.

Home loans in negative equity dropped to HK$195.1b in December

The number of cases fell, but the three-month delinquency ratio rose.

Employment, not prices, to weigh on Hong Kong banks’ loans

Banks will face ‘minor but manageable’ pressure on such portfolios.

DBS welcomes deepening financial market ties between Hong Kong & China

It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said.

Hong Kong launches incubator for banks’ adoption of DLT

Tokenised deposits will be a core focus upon the incubator’s inception.

Hong Kong central bank warns against unauthorized finance firm

The firm reportedly does not have authorization to take deposits.

HKMA adds new spatial dataset via Open API

It includes details on five types of self-service banking machines of 20 retail banks.

HKMA fines CITIC HK$4m over anti-money laundering breaches

The bank failed to generate alerts for suspicious transactions between November 2015 and July 2018.

HKMA holds public consultation on proposed banking ordinance enhancements

It aims to align local regulations with international standards.

HKMA eases mortgage loan limits, sparks concerns over property valuation risks

JLL said buyers face higher risks as the housing market is still in a downturn.

HKUST launches new GenAI platform for financial services

The platform aims to help local financial institutions leverage AI technologies.