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 ...
(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...
People’s Bank of China governor Pan Gongsheng said during a 20-minute speech at the annual Asian Financial Forum in Hong Kong. Beijing could also adjust and increase fiscal spending, he said.
Both Hong Kong and Mainland China bounced around the ... The governor of the People’s Bank of China (PBOC), China’s central bank, Pan Gongsheng stated that banks’ reserve requirement ratio ...
The People’s Bank of China highlights Hong Kong’s active crypto licensing, as well as the prominence of cryptocurrency as an emerging trend in several countries in its recent Financial Stability ...
Europe will be pushed towards the right as a result of its faltering economy, says Eric Lim, CSO at UOB. “The question is, over time, does that translate to regulatory dilution of ambition?” ...
The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a tool which is typically used to stabilize the yuan’s exchange rate in the offshore market.
Founded in 1996, Hong Kong Small and Medium Enterprises Association was one of the most important SMEs chamber of commerce in Hong Kong. As an non-profit making organization, we have been working for ...