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 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 ...
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.
(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 ...
Both Hong Kong and Mainland China bounced around ... The governor of the People’s Bank of China (PBOC), China’s central bank, Pan Gongsheng stated that banks’ reserve requirement ratio ...
New rules further opening up China’s financial markets could give some mainlanders access to cryptocurrency investment ...
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump's return to the White House and ...
Hong Kong is a special administrative region of the People’s Republic of China, which regained sovereignty over the former British colony in 1997. Hong Kong's Basic Law enshrines a principle of ...