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 ...
The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also ...
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.
The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market.
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 ...