In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto licensing despite widespread regulatory changes both ...
The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) will offer a 100 billion yuan (US$13.6 billion) liquidity facility for banks to help their customers obtain yuan ...
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.
while the Chinese currency traded in Hong Kong on Wednesday hit its weakest against the U.S. dollar in more than a year. The People's Bank of China is "trying to cool down the market by suspending ...
unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve capital flows by allowing companies to borrow more overseas. The People's Bank of China (PBOC) has tried other ...
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 ...
They sought sanctuary in the UK after escaping a crackdown on pro-democracy protests and the introduction of repressive ...
including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city's largest offerings in 2025, two people with knowledge of the deal said. China ...