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 ...
In Hong Kong, the Traditional Retail Banking market market is anticipated to witness a significant surge in Net Interest Income, reaching a projected value of US$11.31bn in 2024. Looking ahead ...
Chinese officials, speaking in Hong Kong, say they support the city as the bridge between the mainland and the rest of the world. China’s Vice-Premier He Lifeng will lead delegation to the 2024 ...
Investors interested in Hong Kong’s wealth management products are increasingly concerned about the city’s political future, according to a survey by the Private Wealth Management Association ...