Hong Kong Monetary Authority steps up e-CNY pilot

HKMA grants HSBC and Anchorpoint Financial stablecoin licences

In a milestone development for the SAR, the two firms plan to launch and integrate stablecoin related payment products over the next few months.

April 12, 2026

PBOC to issue record Rmb60bn of bills in Hong Kong

The offshore tender of six-month bills will be launched on January 15 via the HKMA's Central Moneymarkets Unit and comes with the currency under pressure.

January 09, 2025

HKMA unit aims to boost Hong Kong's international Rmb hub status

Rmb internationalisation faces challenges from Trump’s determination to keep the US dollar as the leading global currency; FA understands that Hong Kong is taking a more "commercial" approach.

February 24, 2025

HKMA CEO reappointed for five more years as connections grow with mainland China

Eddie Yue was appointed by Hong Kong financial secretary Paul Chan as the SAR promotes its Rmb offshore hub status.

July 29, 2024

BNY Mellon combines with HKMA to help US issuers tap dim sum bonds

The aim is to help firms comply with US withholding tax requirements on foreign persons and entities, as the total issuance for dim sum bonds in 2023 tallied $76 billion in Hong Kong.

February 27, 2024

Hong Kong and Singapore regulators seek to reassure AT1 bondholders

The central banks of both jurisdictions have issued statements on the back of Credit Suisse’s merger with UBS that saw $17 billion in AT1 bonds wiped out.

March 28, 2023