Tag: ipo

The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points (bps) to 3.5%, hours after the U.S. Federal Reserve delivered ... ( read original story ...)

HSBC Holdings said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city's central bank raised the base rate charged through its ... ( read original story ...)

Hong Kong Finance Secretary Paul Chan said on Thursday he does not see a sharp risk to the city's property market after the financial centre's de facto central bank raised interest rates in lockstep ... ( read original story ...)

Hong Kong's base rate will rise to 3.5 per cent effective immediately, the Hong Kong Monetary Authority said All eyes are on Hong Kong's commercial lenders, as to whether they would raise their prime ... ( read original story ...)

Hong Kong’s equivalent to a central bank has analyzed feedback from an earlier publication creating a local central bank digital currency. ( read original story ...)

Hong Kong will start testing out a digital coin called the e-HKD from the fourth quarter, paving the way for a virtual currency the public can use in the future to shop, dine out and make money ... ( read original story ...)

SAR) chief executive John Lee said on Wednesday that the SAR's financial system remains resilient, expressing his full confidence in the regional development of the Guangdong-Hong Kong-Macao Greater ... ( read original story ...)

City leader John Lee hails Cheng’s contribution to public and social services, while his predecessor says banker’s role symbolises ‘the great Hong Kong story’. ( read original story ...)

The Hong Kong Central Bank said it expects to launch a central bank digital currency (CBDC) in 2-3 years after concluding talks on technical and policy issues. The bank added it expects to deploy a ... ( read original story ...)

HSBC chief executive Noel Quinn has said he was “challenged” by external advisers about a potential break-up of the bank but ultimately concluded it would be “a net negative”. Mr Quinn said HSBC had ... ( read original story ...)

The Monetary Authority (HKMA) plans to start trials of its central bank digital currency (CBDC) in the fourth quarter , the South China Morning Post (SCMP) reported Tuesday, citing a media briefing. ( read original story ...)

China's central bank issued 5 billion yuan ($719.76 million) worth of bills in Hong Kong on Tuesday. These central bank bills will mature in six months, with an interest rate of 2.2 percent, the ... ( read original story ...)

The move marks the city's latest effort to catch up with other central banks that are launching virtual currencies The aim is to eventually roll out a virtual currency the public can use to shop, dine ... ( read original story ...)

People around the world are looking for ways to hedge against inflation right now, and the rich are no exception. "We see customers sitting a little bit in the sidelines," says Nuno Matos, HSBC CEO of ... ( read original story ...)