The U.S. central bank held interest rates steady ... adding market liquidity has remained stable and the Hong Kong dollar exchange rate stays steady. The public should manage the interest rate ...
and maintaining public confidence in the banking system. Here is the key aspects of the Banking Ordinance: Licensed Banks: These institutions are authorized to accept deposits and offer various ...
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 ...
vice-chairman and co-head of Asia coverage at investment bank UBS in Hong Kong. “The proposed reform to lower the public float would allow listing candidates more flexibility in deciding on ...
The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market.
This building is right in the heart of Hong Kong’s business district and as the Bank of China Tower is 367m tall, your best view of the building is across the water along the Kowloon Public Pier.
Hong Kong’s cash-strapped urban renewal body has secured a HK$13 billion bank loan to fund its redevelopment projects. The Urban Renewal Authority (URA) on Thursday said it had signed a loan ...
The Hong Kong Public Opinion Research Institute (PORI) made headlines after its office was raided on Monday and its CEO and president, Robert Chung, and two other staff members were taken to a ...
ZA Bank in Hong Kong is considering establishing physical branches following HKMA approval ... “It is important that the offline channels utilise diverse methods to interact with the public and ...