double-skinned crabsVietnamese crab exporter
Advertisement
Advertisement
Hong Kong Monetary Authority (HKMA)
TOPIC
 / company

Hong Kong Monetary Authority (HKMA)

Hong Kong Monetary Authority (HKMA)
Hong Kong Monetary Authority (HKMA)
The Hong Kong Monetary Authority (HKMA) was established in April 1993 by merging the Office of the Exchange Fund with the Office of the Commissioner of Banking. The HKMA is responsible for maintaining monetary and banking stability, including maintaining currency stability within the framework of the Linked Exchange Rate system under which the Hong Kong dollar is pegged to the US dollar.<br />
Participating in a panel discussion at Treasury Markets Summit 2026 are, from left, Justin Chan of HSBC, Darryl Ho of HKMA, Gregory Yu of HKEX, Patrick Wu of Credit Agricole and Annie Zhu of Bank of China (Hong Kong). Photo: Elson Li
Banking & finance

Hong Kong maps out gold, bond and liquidity push to deepen offshore yuan use

HKEX to launch yuan gold futures as HKMA eyes new products and platforms to expand offshore market activity.

Banking & finance

Will Hong Kong property market benefit as online financial firms get physical?

Banking & finance

Hong Kong regulators to unveil next steps in new offshore yuan push

Mainland China

PBOC pledges further opening-up to foreign financial institutions

PBOC governor Pan Gongsheng vows to promote ‘high-level financial opening-up’ in meeting with foreign banks and investment firms.

The headquarters of the People’s Bank of China in Beijing, September 30, 2022. Photo: Reuters
Banking & finance

From US Fed rates to China’s global export share: 4 figures shaping markets

The US central bank raised rates for first time since 2023, Hong Kong followed and Goldman Sachs projects a sharp rise in Chinese firms’ global export share.

Banking & finance

How will Hong Kong’s new 5-year plan court global capital?

Expanded investment products and stronger mainland-market links aim to deepen Hong Kong’s wealth-management edge and lure more international investors.

Advertisement
Advertisement
Advertisement
Gold in Hong Kong

Exchange Fund may buy more gold to support Hong Kong’s trading hub ambitions

A larger allocation to precious metals could improve diversification and align with the city’s gold hub strategy, says HKMA’s Eddie Yue.

Hong Kong Monetary Authority chief executive Eddie Yue Wai-man. Photo: Edmond So
John Lee policy address 2026

Hong Kong’s 5-year plan, policy continuity offer investor stability, experts say

Explicit directions set by John Lee seen as ensuring persistence in policies even if there are changes in government leadership.

videocam
Central banks

In wake of US rate hikes, Hong Kong dollar may come under pressure: HKMA

HSBC and other major banks keep prime rates unchanged after HKMA raises base rate by a quarter-point in lockstep with Fed.

videocam
5
John Lee policy address 2026

Hong Kong targets gold trading, FPS-UnionPay link to boost yuan use

‘We will consolidate and enhance Hong Kong’s status as an international financial centre,’ John Lee says.

The HKMA will promote linking the Faster Payment System with mainland China’s bank card and payment system UnionPay by the end of the year. Photo: Nora Tam
John Lee policy address 2026

14 key takeaways from John Lee’s policy address, Hong Kong’s first 5-year plan

Chief executive lays out how the five-year plan will align the city more closely with the national development blueprint.

Chief Executive John Lee leaves the Legislative Council chamber after delivering Hong Kong’s first five-year plan and the annual policy address. Photo: Dickson Lee
Belt and Road 2026

Ancient Silk Road to modern Belt and Road: how Hong Kong bridges China and the Middle East

As the Middle East seeks economic diversification, Hong Kong acts as the financial gateway for investment.

Crime in Hong Kong

Over 700 cardholders report unauthorised iPhone pre-order charges worth HK$14.7m

Some report multiple transactions on their credit cards, while an expert says fraudsters may have exploited pre-order rush for Apple’s new iPhones.

videocam
4
Banking & finance

Oman’s Sohar International to open first Asia office in Hong Kong: sources

The new office, located at Cheung Kong Center II in Central, marks the first time the bank has expanded outside the Middle East.

Sohar International Bank is Oman’s second-largest bank by total assets. Photo: Handout
Banking & finance

Yuan use grows as supply chains reshape global trade, Deutsche Bank says

Europe’s first foreign RMB clearer says Chinese firms’ overseas expansion is strengthening the currency’s role in cross-border commerce.

Growing cross-border trade and more flexible supply chains are driving wider use of the yuan, even as the US dollar retains its dominant role in global payments. Photo: dpa
Banking & finance

Record US$1.3 trillion pours into Hong Kong investment products

Record investor numbers drive 63 per cent surge in sales of non-traded products, led by collective investment schemes, FICC offerings.

Business of climate change

Green lift: Hong Kong widens finance taxonomy to spur transition capital

As Green Week kicks off, the HKMA expands its finance taxonomy to channel capital into projects that build climate resilience.

Advertisement
Advertisement
Advertisement
International Property

Which property markets will be the winners and losers if Fed raises US rates?

Fed chairman’s focus on inflation at meeting last month has heightened expectations of monetary tightening.

Real estate agents’ signs at a sold home and homes for sale in London last month. Photo: EPA
Hong Kong society

Why Chelsea football shirts are making Hong Kong fans nervous about crypto laws

Caught between their favourite football club and Hong Kong’s Stablecoins Ordinance, fans want to know if they can wear the tops openly.

videocam
6
Banking & finance

Hong Kong’s Silver Bonds draw record 480,000 bids with higher interest rate

Hong Kong is expected to raise the final issuance to the upper limit of HK$55 billion, as applications from elderly investors have surged.

Hong Kong property

Rate rise expectations mount in Hong Kong following Fed chief’s comments

But property consultancy Knight Frank says likelihood of near-term rise in prime rate by city’s note-issuing banks remains low.

Blocks of high-rise flats in Mid-Levels. Photo: Jonathan Wong
Banking & finance

Hong Kong expands AI sandbox with new projects spanning dozens of partners

Regulators select 36 use cases involving dozens of financial institutions and tech partners to test AI use in onboarding, payments, claims and customer service.

Hong Kong regulators are exploring the use of more autonomous AI agents across some services. Photo: Shutterstock
Yuan

Open Questions | Top economist on how China should prep for dollar era’s end

Barry Eichengreen of the University of California, Berkeley, on US wobbles and how China and rest of the world can plan for a multipolar monetary system.

videocam
Banking & finance

Use of yuan hits 6-month high in Hong Kong’s fast-payment system

Yuan-denominated payments rise 34 per cent, with Payment Connect mechanism acting as catalyst for multiplying cross-border use cases.

Hong Kong economy

Impact of US trade policy shifts on Hong Kong ‘primarily psychological’: Paul Chan

Finance chief cites US trade and interest rate trends as risks for city’s economy for rest of 2026, but expects growth momentum to continue.

Kwai Chung Container Terminal. The US is Hong Kong’s fourth largest export market. Photo: Elson Li
Bonds

Hong Kong to list first Shanghai free-trade zone bond to defend yuan hub status

HKEX announces that a Shanghai Electric subsidiary is set to list a 1.5 billion yuan green bond later this month.

A view of the Hong Kong skyline. Photo: Getty Images
Fintech

Letters | Hong Kong mustn’t fall behind in recognising overseas stablecoins

Readers discuss a recognition framework for dollar-denominated stablecoins, and the significance of Beijing’s offshore insurance tax for Hong Kong.

Banking & finance

Hong Kong stablecoin list expands with Standard Chartered-led firm’s launch

Anchorpoint Financial kicks off institutional use of its Hong Kong dollar-linked stablecoin, HKDAP.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement