Hong Kong Monetary Authority

The Hong Kong Monetary Authority is the government authority in Hong Kong responsible for maintaining monetary and banking stability. Its main functions and responsibilities are governed by the Exchange Fund Ordinance and the Banking Ordinance and it reports to the Financial Secretary.

See below for the Latest Hong Kong Monetary Authority News, Analysis, Profit Results, Share Price Information, and Commentary.

AlipayHK warns of phishing messages

There are individuals sending out messages claiming to be from AlipayHK.

AlipayHK warns of phishing messages

There are individuals sending out messages claiming to be from AlipayHK.

HKMA reprimands TNG Asia for inadequate compliance systems

The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.

Hong Kong, Thailand launch cross-border QR payment service

HSBC and Bangkok Bank serve as settlement banks.

Total loans in Hong Kong down 1.7% in August

Total deposits rose by 0.6% during the month, however.

BOCHK warns of 9 fraudulent websites, phishing email

It has reported the case to local authorities.

BEA warns against 16 fraudulent websites

It has reported these sites to the local police and the HKMA.

Hong Kong mulls raising deposit protection limit to HK$800,000

The number of depositors fully protected will rise to 92%.

HKMA, local bank association launch charter to prevent credit card scams

The industry is directed not to send SMS with embedded hyperlinks.

Hong Kong banks reminded they may engage with virtual asset entities: central bank

There have been more comments from foreign firms on the difficulties of opening a bank account.

Hong Kong’s residential mortgage loans in red decreases to HK$34.4b

The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.

UBS’ takeover of Credit Suisse ‘insignificant’ to HK’s banking sector: HKMA

The total assets of Credit Suisse’s HK branch represent less than 0.5% of the local banking sector's.

Mortgage loans in Hong Kong drops by nearly 10% in December

Loans stood at HK$25.6b during the month, the Monetary Authority reported.

Hong Kong steering group launches sustainable finance internship

The programme aims to encourage students to make a career in the field.

Citi joins the Alliance for Green Commercial Banks in Asia

HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.

People’s Bank of China to issue RMB5b Bills

It will be issued through HKMA’s Central Moneymarkets Unit.