Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
Hong Kong overtakes Singapore as Asia’s top financial centre, influential ranking shows
Hong Kong regains top billing in Asia from Singapore for the first time since September 2022, when the city remained closed due to the pandemic.
Chinese central bank unveils economic stimulus package
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b ...
Hong Kong Hang Seng Index closes 4.13 pct higher
Hong Kong stock market saw broad-based gains Tuesday with the benchmark Hang Seng Index soaring 413 percent to close at 1900056 points the highest ...
HK rises to 3rd in finance hub ranking
Hong Kong ranks third in the Global Financial Centres Index 36 Report published by the UK’s Z/Yen and the Shenzhen-based China Development Institute, up from fourth place in the March version of the ...
Hong Kong stocks leap after China allows bank loans for stock buy-backs
The governor of the central bank said it will also reduce the down payment ratio and cut mortgage rates to support the property market.
Hong Kong’s Hang Seng Index surpasses 19,000 points
HONG KONG, Sept. 24 (Xinhua) -- Hong Kong's benchmark Hang Seng Index surged more than 4 percent to surpass the 19,000 mark during Tuesday's afternoon trading, as a slew of pro-growth measures boosted ...
Hong Kong stocks surge over 3% as PBOC announces a slew of policy easing measures in rare briefing
The People's Bank of China has announced that it will reduce the reserve requirement ratio by 50 basis points, among other measures.
Hong Kong, Shanghai lead markets rally after China stimulus
Hong Kong and Shanghai stocks led gains across Asia and Europe on Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two ...
Property stocks in Hong Kong rally on homes mortgage stimulus
Hang Seng Mainland Properties Index surged as much as 5% after PBOC Gov. Pan Gongsheng announced several measures on Tuesday.
Asia: Hong Kong, Shanghai rally on China stimulus on mixed day for markets
HONG Kong and Shanghai stocks rallied on Tuesday after China unveiled fresh stimulus measures as the country’s leaders struggle to kickstart growth in the world’s number two economy. Read more at The ...
Hong Kong, Shanghai rally on China stimulus on mixed day for markets
Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two economy. After a string of ...
Hong Kong’s e-HKD project expands into tokenization, programmability
The Hong Kong Monetary Authority (HKMA) has launched the second phase of the digital Hong Kong dollar (e-HKD) pilot study with 21 financial institutions working on 11 use cases for the central bank ...
Hong Kong’s central bank to explore 11 use cases in phase 2 of e-HKD pilot
This phase of the HKMA’s digital currency programme will focus on efficiency and whether the e-HKD attracts and entices users, deputy CEO Howard Lee says.