HKMA
The Latest
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HKMA Announces $23 Billion Limit On Cross-Border Investments
Greater Bay Region residents will be able to make cross-border investments up to CNY1 million. Greater Bay Region residents will be able to make cross-border investments up to CNY1 million. -
Hong Kong Bank Deposits Surge By $50 Billion Amid Secondary Listing Trend
Deposits in the city are expected to surge further in the coming months amid the wave of newly confirmed IPOs and secondary listings. Deposits in the city are expected to surge further in the coming months amid the wave of newly confirmed IPOs and secondary listings. -
HKMA Eases Financing Rules For Non-Home Properties
The city's de facto central bank will increase the amounts banks are allowed to issue to borrowers with non-residential properties. The city's de facto central bank will increase the amounts banks are allowed to issue to borrowers with non-residential properties. -
Digital Lender WeLab Bank Opens For Business In Hong Kong
WeLab Bank is offering several promotions such as high annual interest rates and purchase rebates for new depositors. WeLab Bank is offering several promotions such as high annual interest rates and purchase rebates for new depositors. -
HKMA Launches Fund To Support Employment Of Fresh Graduates
HKMA's $1.4 million-Baking Talent Program will subsidized the salaries of fresh graduates hired by participating companies in Hong Kong. HKMA's $1.4 million-Baking Talent Program will subsidized the salaries of fresh graduates hired by participating companies in Hong Kong. -
Hong Kong Finance Officials Protect Local Currency Peg Versus US Dollar
Advances in the HK dollar have been largely sparked by rallies in bond-related demand Advances in the HK dollar have been largely sparked by rallies in bond-related demand -
Five Virtual Banks In Hong Kong Postpone Launch Amid Pandemic
Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services. Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services. -
HKMA Makes US Fed Lockstep Rate Cut To Maintain Currency Peg
The Hong Kong Monetary Authority (HKMA) cut the city's base lending rate by half a percentage point in lockstep with the US Federal Reserve. The Hong Kong Monetary Authority (HKMA) cut the city's base lending rate by half a percentage point in lockstep with the US Federal Reserve. -
Half Of Hong Kong Residents Sign Up For HKMA's Faster Payment System
Officials have revealed that more than half of Hong Kong's residents are now using the HKMA's Faster Payment System, a service that allows users to transfer money between different banks for free. Officials have revealed that more than half of Hong Kong's residents are now using the HKMA's Faster Payment System, a service that allows users to transfer money between different banks for free. -
Hong Kong Digital Bank ZA Offering 6 Percent Rate To Depositors
Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts. Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts.