Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...

To promote the connection of e-payment between the Chinese mainland and Hong Kong, the People's Bank of China and the Hong Kong Monetary Authority are working closely to implement the linkage of ...

Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for ...

Stephen Law Cheuk-kin, a member of the National Committee of the CPPCC, emphasized Hong Kong's role in RMB internationalization. He called for expanding RMB bonds, green finance and ETF as more ...

The People’s Bank of China (PBOC) completed the tender of 60 billion yuan (US$8.2 billion) worth of central bank bills in Hong Kong on Friday, marking the second time this year it has used the ...

Strengthening credit card product portfolio Travel offers and rewards to drive credit card spending HONG KONG SAR – Media ...

Airstar Bank Airstar is funded by Xiaomi (one of mainland China’s largest tech companies) and AMTD, a Hong Kong-based investment banking firm. Livi Bank is backed by the Bank of China and ...