The Chinese government’s fourth sale of yuan-denominated sovereign bonds in Hong Kong this year was vastly overbought, as investors rushed to take advantage of the yield gap with the mainland …
Here is what you need to know about the change. How does the new arrangement differ from current practice? At present, the stock and futures markets delay opening if the …
Sales at a new residential project on Hong Kong Island petered out after starting briskly despite the developer pricing the flats 20 per cent cheaper than a property launched in …
Clara Chan Ka-chai earned the monikers “goddess” and “little chilli” for deftly negotiating Cathay Pacific Airways’ HK$39 billion (US$5.2 billion) rescue plan in 2020, which catapulted her into the CEO’s …
A multi-country central bank digital currency (CBDC) project involving mainland China, Hong Kong, Thailand and the United Arab Emirates has made a breakthrough by launching its minimum viable product (MVP) …
In the primary market, transactions popped up significantly as soon as the government removed the property curbs. A total of 4,141 new residential units were sold in March, compared with …
“Hong Kong is working very hard to contribute to the further internationalisation of renminbi,” said Wong. “We will continue issuing international bonds denominated in renminbi.” Last year, the city’s yuan …
Traditionally, consumers turn to banks to help fund home purchases, at interest rates based on the amount and length of borrowing. But with the e-HKD, Hong Kong residents could potentially …
“We are delighted that Hong Kong, being the first place to conduct a cross-boundary e-CNY pilot, has also become the first place outside mainland China that enables its residents to …
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