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.
ZA Bank reports HK$548m net revenue and narrows losses by 42%
ZA Bank reports HK$548m net revenue and narrows losses by 42%
Net interest income is 86% higher in 2024.
Hong Kong deposits up 0.8% in March
HKD and total deposits rose, but renminbi deposits declined.
Hong Kong mortgages in negative equity rose to over 40,700 in March
The three-month delinquency ratio rose slightly.
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 green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC.
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.
Nanyang Commercial Bank warns against fraudulent websites
It has reported the case to authorities.
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.
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Commentary
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