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.
Total deposits slightly edge down by 0.1% in August
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.
Mortgage applications dip 3.6% in June
But loans approved increased 3%.
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.
HKMA appoints Donald Chen as new executive director
This will take effect on 1 November this year.
People’s Bank of China to issue RMB5b Bills
It will be issued through HKMA’s Central Moneymarkets Unit.
HKMA launches new Regtech guide series for banks
This forms part of the HKMA’s Regtech roadmap.
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Commentary
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