Tag: Hong Kong Monetary Authority
Decline in Hong Kong Credit Card Lending in Q1 2025
Alright, so the Hong Kong Monetary Authority (HKMA) just dropped some bombshell news about credit card lending in the first quarter of 2025. And guess what? It's not exactly good news. According to their...
Enhancing Data Sharing: HKMA and Land Registry Collaborate via CDI-CDEG Linkage
The Hong Kong Monetary Authority, in partnership with the Land Registry, has launched a new data-sharing initiative to streamline banking processes through the CDI-CDEG linkage.Breaking News: HKMA and LR Join Forces
The Hong Kong Monetary...
Banks Participating in HKMA’s RMB Trade Financing Liquidity Facility
In a recent press release, the Hong Kong Monetary Authority (HKMA) unveiled the list of banks taking part in the inaugural phase of the RMB Trade Financing Liquidity Facility (RMB TFLF), set to kick...
Hong Kong Monetary Authority Sets 4% Silver Bond Interest Rate
The decision announced by the Hong Kong Monetary Authority (HKMA) regarding the interest rate for the fifth payment of the Silver Bond Series due in 2025 has significant implications for investors and the financial...
Hong Kong Monetary Authority Reopens 2-Year RMB Government Bonds
The Hong Kong Monetary Authority (HKMA) recently announced the reopening of 2-year Renminbi (RMB) government bonds, set to be tendered on February 13, 2025, marking a significant development in the financial landscape of Hong...
Promoting Electronic Lai-see for Chinese New Year 2025 in Hong Kong
The Hong Kong Monetary Authority (HKMA) is taking steps to promote sustainability for Chinese New Year 2025 by encouraging the use of electronic lai-see. With new note exchange services available, this initiative aims to...
HKMA Collaborates with Brazilian Central Bank for Cross-Border Tokenization Test
The Hong Kong Monetary Authority (HKMA) recently announced a new collaboration with Banco Central do Brasil (BCB) to further advance cross-border tokenization initiatives. This partnership aims to explore payment and delivery systems for trade...