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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
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    NEW By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    NEW By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    1hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    2hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
  • Ford Recalls Nearly 390,000 Vehicles for Potential Second-Row Seat Hazard
    3hr By Mary Prenon
    Ford Recalls Nearly 390,000 Vehicles for Potential Second-Row Seat Hazard
  • France Recorded 5,000 Excess Deaths During Heat Wave: Officials
    3hr By Zachary Stieber
    France Recorded 5,000 Excess Deaths During Heat Wave: Officials
  • Impact of Houthi Red Sea Blockade on Energy Markets: What to Know
    4hr By Guy Birchall
    Impact of Houthi Red Sea Blockade on Energy Markets: What to Know
  • Tropical Storm Bertha Heads Toward Landfall in Louisiana
    4hr By T.J. Muscaro
    Tropical Storm Bertha Heads Toward Landfall in Louisiana
  • Ukraine Recaptured 280 Square Miles of Territory So Far This Year, Says Outgoing Top General
    4hr By Victoria Friedman
    Ukraine Recaptured 280 Square Miles of Territory So Far This Year, Says Outgoing Top General
  • Top US, China Diplomats Meet in Philippines Ahead of Summit
    4hr By Dorothy Li
    Top US, China Diplomats Meet in Philippines Ahead of Summit
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