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Hong Kong Monetary Authority

  • Chinese RMB Poured Into Hong Kong, Coupled With Massive Capital Flow Out
    Chinese RMB Poured Into Hong Kong, Coupled With Massive Capital Flow Out
    In August, a large amount of RMB flowed into Hong Kong, bringing Hong Kong's RMB deposits close to 1 trillion yuan (about $139 billion). On the other hand, the foreign ...
    October 8, 2023BY Bin Zhao and Olivia Li
  • Hong Kong Enters Economic Winter as the US Again Raises Interest Rate
    Hong Kong Enters Economic Winter as the US Again Raises Interest Rate
    HSBC, one of the banks in Hong Kong that issues banknotes, raised the Hong Kong Dollars (HKD) prime ...
    October 1, 2022BY Nie Law, Ying Cheung and Isaac Alvsjo
  • Hong Kong’s Central Bank Pours In Cash to Stabilize Its Pegged Currency, Higher Mortgage Rates Ensued
    Hong Kong’s Central Bank Pours In Cash to Stabilize Its Pegged Currency, Higher Mortgage Rates Ensued
    On Aug. 5, Hong Kong’s central bank bought the largest amount of its currency in one day since ...
    August 6, 2022BY Kathleen Li
  • Stabilizing Currency Peg to US Dollar May Be Too Costly for Hong Kong This Time: Expert
    Stabilizing Currency Peg to US Dollar May Be Too Costly for Hong Kong This Time: Expert
    Hong Kong’s central bank has spent over $22 billion in ten weeks to stabilize the exchange rate of ...
    July 31, 2022BY Kathleen Li
  • Currency Swap Is Hong Kong Giving CCP Access to US$120 Billion for Free
    Currency Swap Is Hong Kong Giving CCP Access to US$120 Billion for Free
    Hong Kong Monetary Authority (HKMA) announced on July 4, 2022, that it would optimize the currency swap with ...
    July 16, 2022BY Nie Law and Shan Lam
  • Hong Kong and China Upgrade Currency Swap Line, Allowing Beijing Access to More Foreign Currency Reserves
    Hong Kong and China Upgrade Currency Swap Line, Allowing Beijing Access to More Foreign Currency Reserves
    Nearly 30 percent of Hong Kong’s foreign currency reserves are now accessible to Beijing after the People’s Bank ...
    July 13, 2022BY Kathleen Li
  • Hong Kong Monetary Authority Steps in to Defend Its Weak Currency Amid Capital Outflow
    Hong Kong Monetary Authority Steps in to Defend Its Weak Currency Amid Capital Outflow
    The Hong Kong dollar continues to weaken as the United States starts its interest rate hike cycle. To ...
    May 21, 2022BY Kathleen Li
  • Hong Kong’s Use of Emergency Law for Mask Ban Prompts Panic, Widespread ATM Withdrawals
    Hong Kong’s Use of Emergency Law for Mask Ban Prompts Panic, Widespread ATM Withdrawals
    Local media recently reported that Hong Kong’s central banking institution has begun monitoring capital flows.  Worried this could ...
    October 11, 2019BY Nicole Hao
  • Hong Kong’s Property Market Set for Correction in 2016 Following US Rate Hike
    Hong Kong’s Property Market Set for Correction in 2016 Following US Rate Hike
    HONG KONG—After keeping financial markets and investors in suspense for months, the U.S. Federal Reserve finally acted on ...
    December 22, 2015BY Stanley Ng
TOP NEWS
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    NEW By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    NEW By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    2hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    3hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
    3hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    7hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    8hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    9hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    14hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
  • Kentucky Derby Champion Golden Tempo Wins 2026 Belmont Stakes
    16hr By Ross Kelly
    Kentucky Derby Champion Golden Tempo Wins 2026 Belmont Stakes
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