The newly launched "HKD-RMB Dual Counter Model" will see an initial 24 companies on the list, including names like Tencent, Alibaba and Baidu. "This program is aimed at number one, making sure that we ...

Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fueling bearish bets against the local dollar. The one-month Hong Hong interbank ...

(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority sold a record HK$60.5 billion ...

As Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implications for UDST and USDC. As Hong Kong regulators launch a ...

A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might eventually replace it. It’s an issue that’s gaining traction after intervention ...

(Reuters) -Hong Kong will maintain its currency peg to the U.S. dollar, the financial hub's leader said in an interview published on Monday, despite escalating geopolitical tensions and some calls to ...

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) said on Thursday the outlook for the direction of the Hong Kong dollar and for interbank rates remains uncertain due to carry trades and ...

Inside View: Ignore the haters pushing a revisionist history, and recognize the American experiment for the success that it is. Danger, Will Robinson: The Hong Kong dollar is in the news again. The ...