The Hong Kong Monetary Authority (HKMA) has launched an initiative to assist banks in adopting distributed ledger technology. On Jan. 8, the Hong Kong central bank announced the launch of its ...
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
Hong Kong airport makes history raising $7 billion in bonds’ issue
Airport Authority Hong Kong has raised $7 billion this week by issuing bonds in three currencies - the largest ever public offering of bonds by a Hong Kong company. Most of that was done in a ...
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to add demand for the currency overseas.
Hong Kong companies eye American funding despite U.S. crackdown
LAS VEGAS, U.S. -- No matter what happens, Hong Kong companies will work harder to make connections with the U.S. and secure more funding from the world's largest economy, according to the CEO of the ...
Hong Kong airport raises $4.15 billion in three tranche dollar bond deal, term sheet shows
Airport Authority Hong Kong has raised $4.15 billion in a three tranche dollar bond deal, according to a term sheet reviewed by Reuters on Thursday. The operator of Hong Kong's airport raised $1.3 ...
Hong Kong developer NWD’s shares slump amid slow progress on cutting debt
With HK$123.7 billion (US$16 billion) of consolidated debt as of last June and HK$151.6 billion in interest-bearing loans and bonds, NWD has been scrambling to offload assets over the past year in a ...
Hong Kong airport raises $4.15 bln in three tranche dollar bond deal, term sheet shows
Airport Authority Hong Kong has raised $4.15 billion in a three tranche dollar bond deal, according to a term sheet reviewed by Reuters on Thursday.
Hong Kong’s November residential sales hit highest levels since April
Total sales from 6,298 transactions hit HK$57.3 billion in November. According to a Knight Frank report, thanks to interest rate cuts and relaxed mortgage rules announced in the Policy Address, Hong ...
Hong Kong Tech Closes Up on an AI-anchored Future
As artificial intelligence becomes prevalent, everything can be augmented. We’re seeing a shift from humans working on computers, to humans and AI working together. AI definitely has the potential to ...
Hong Kong Airport Authority Makes Record $2.4 Billion Bond Sale
The bond's proceeds will be used for regular business operations as well as refinancing and funding major projects, such as the three-runway system.
Tap Hong Kong’s fundraising potential, Paul Chan tells Indonesian business elites
Finance chief calls on companies to take advantage of city’s capital markets, but one business lobby group warns that firms are unclear why they should.
Series of factors will conspire to limit Hong Kong stock gains in 2025: UBS
The Swiss bank expects the city’s benchmark index to rise above 20,000 by year-end, implying a gain of 3.7 per cent from Wednesday’s close.
Hong Kong’s airport authority raises US$2.4 billion from historic bond issuance
The Airport Authority of Hong Kong (AAHK) raised HK$18.5 billion (US$2.4 billion) from the largest-ever institutional bond denominated in Hong Kong dollars, joining a cohort of borrowers who are ...