launched in 2018 by HKMA to make cross-bank and e-wallet payments easier, operates 24/7 and supports payments in Hong Kong dollars and renminbi. However, direct payments via FPS in mainland China ...
Bank of China Hong Kong kicked off a new e-CNY trial with 200 merchants on Tuesday, its third in the city to test cross-border payments of China’s sovereign digital currency. Investors have been ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...
Hong Kong's largest banks play a crucial role in supporting businesses, investments, and trade, facilitating economic growth and development on both regional and international scales. J. P. Morgan ...
Bank of China (Hong Kong) has demonstrated a strong focus on advancing cross-border financial innovation in the Greater Bay Area.
Opening a bank account in Hong Kong is often a vital first step to establishing a business presence. This video is unavailable in your region. Please enable VPN to ...
Ahead of Wednesday's holiday for the Mid-Autumn Festival, the Hong Kong stock market had moved higher in four straight sessions, ...
The Hong Kong stock market has moved higher in two straight sessions, collecting more than 260 points or 1.5 percent along the way.
By Selena Li and Donny Kwok HONG KONG (Reuters) -China Renaissance shares plunged as much as 72% on Monday after ending a ...
Hong Kong major banks followed with HSBC cutting its best lending rate in the city by 25 basis points to 5.625% effective Sept. 20, and Bank of China (Hong Kong) said it would cut its Hong Kong ...
BOC has supported start-ups and SMEs in Hengqin as part of the country's effort to diversify Macau's economy, a senior ...
Lawmakers approved the draft proposal Friday, as the world’s second-largest economy struggles with falling birth rates and an ...