Local currency may stabilise for an extended period when aggregate balance drops to HK$50 billion to HK$60 billion levels.

Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it’s not, like this ...

As per the local newspaper Ming Pao, published Monday, Hui said the stablecoin licensing regime is expected to take effect in ...

The Hong Kong Monetary Authority (HKMA) has jumped into the foreign exchange market again after the Hong Kong dollar dropped ...

Hong Kong’s de-facto central bank bought the city’s dollar again to defend its foreign-exchange peg, as two previous rounds ...

Market interventions to soak up HK$29.6 billion from the banking system on July 7, increasing the pressure on local borrowing ...

Hong Kong advances blockchain integration with a new tokenized green bond and ETF stamp duty relief to boost digital finance.

Wild swings have intensified debate about the sustainability of the currency’s peg. Read more at straitstimes.com. Read more ...

The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.