A gauge of the cost to hedge the Chinese currency which covers the November 5 vote has climbed to the highest since 2017 relative to comparable periods. That is the …
China’s foreign exchange reserves had stood at US$3.24 trillion in December, having risen from US$3.17 trillion in November, the exchange regulator said. SAFE, though, does not disclose where it invests …
Hong Kong will encourage more companies from mainland China, Middle East and Southeast Asia to list in the city as part of the government’s initiative to revive its sluggish financial …
Hong Kong’s role as the trading hub for offshore yuan will get a leg up from the policies unveiled by the People’s Bank of China to enhance wealth management and …
The gains in stocks and the Chinese currency, which caught investors off guard, have rekindled optimism that the worst for yuan assets is already behind it, as valuations fall to …
The Federal Reserve’s ability to tame America’s monetary bubble remains the biggest factor in the global economic outlook. The US central bank made an unexpected dovish turn at the latest …
Hong Kong has identified yuan trading, talent exchange and green finance as three areas for cooperation with Vietnam and Laos, leveraging on the city’s key strengths as Asia’s third-largest capital …
The US Federal Reserve’s dovish monetary stance and its hint of three interest rate cuts in 2024 may bring some relief to Chinese businesses and the yuan, said analysts and …
First, act fast and go big. Beijing is arguably already behind the curve as global headwinds mount. China’s leaders have been timid about adding fresh fiscal and monetary stimulus. This …
The HKMA has already taken on a bigger role at the international level; it is now actively involved in the Bank for International Settlements (BIS) and is working on introducing …