Tagged: hkma

August 2, 2026 @ 6:01 pm By Michael Wong  |  

Total deposits held with Hong Kong’s authorized institutions rose 0.1% in June from the previous month, as growth in Hong Kong dollar deposits offset a decline in foreign currency deposits, while bank lending continued to strengthen, official data showed. Figures released by the Hong Kong… Read More

June 22, 2026 @ 12:06 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have jointly announced the launch of a pilot project on 18 June 2026. This initiative explores an innovative digital payment option designed to support margin requirements during the after-hours trading (AHT)… Read More

June 20, 2026 @ 1:16 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank, said it is comimtted to advancing innovation that enhances efficiency and resilience. In a statement, HKMA deputy chief executive Howard Lee reaffirmed the commitment as Hong Kong’s financial infrastructure evolves to meet the growing demands… Read More

June 16, 2026 @ 6:48 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) is stepping up efforts to promote tokenization among corporate treasury centers, as the financial hub seeks to strengthen its position in digital finance and expand the use of blockchain-based transactions. The central bank this week hosted a seminar on “Corporate… Read More

June 9, 2026 @ 3:07 am By Michael Wong  |  

Hong Kong’s central bank and securities regulator said they will proceed with proposed amendments to clearing rules for over-the-counter derivative transactions, after a joint consultation received broad market support. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued consultation conclusions… Read More

June 8, 2026 @ 1:50 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) said it had convened a Tokenised Bond Expert Group comprising representatives from industry associations, financial institutions, legal advisory firms, and financial infrastructure and technology providers to drive further adoption and scalability of tokenised bonds in the city. The group… Read More

June 2, 2026 @ 5:40 pm By Michael Wong  |  

Hong Kong’s monetary authority said it will develop a Digital Asset Platform later this year to support the issuance and settlement of digital bonds and, in the future, other digital assets. The move comes as the city looks to deepen its role as a “super… Read More

May 31, 2026 @ 11:55 am By Michael Wong  |  

Hong Kong’s monetary authority said regulated stablecoins in the city are expected to be launched in the next few months, as it moves digital finance initiatives from experimentation to real-value transactions. Howard Lee, deputy chief executive of the Hong Kong Monetary Authority, said Hong Kong’s… Read More

May 2, 2026 @ 8:01 am By Michael Wong  |  

The Hong Kong Monetary Authority has warned the public about tokens falsely claiming to be linked to licensed stablecoin issuers, as the city begins rolling out its regulated stablecoin framework. The HKMA said tokens using the tickers “HKDAP” and “HSBC” have appeared in the market,… Read More

April 26, 2026 @ 12:04 am By Omar Faridi  |  

Elliptic noted that the Hong Kong Monetary Authority (HKMA) has issued its inaugural pair of stablecoin issuer licenses. The approvals, announced on April 10, 2026, came just eight months after the territory’s Stablecoins Ordinance officially launched on August 1, 2025. The two recipients—global banking leaders… Read More

March 23, 2026 @ 12:24 am By Michael Wong  |  

Credit card circulation and spending in Hong Kong rose sharply in the fourth quarter of 2025, with overseas retail spending posting the fastest growth, as consumers stepped up card use toward year-end, official data showed. The Hong Kong Monetary Authority said that the total number… Read More

March 12, 2026 @ 1:55 am By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) shared that the research arm of Hong Kong’s financial academy has launched an analysis shedding light on the transformative potential within the family office segment of the wealth industry. Released this month, the Applied Research publication from the Hong… Read More

February 26, 2026 @ 6:38 am By Omar Faridi  |  

Hong Kong is advancing its position as a leading hub for digital assets with key regulatory developments in the stablecoin and broader crypto sectors. In his 2026-27 budget speech delivered on Wednesday, Financial Secretary Paul Chan outlined significant steps to strengthen the city’s virtual asset… Read More

February 4, 2026 @ 11:24 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) has recently rolled out significant initiatives aimed at bolstering the financial landscape in Hong Kong. On February 3, 2026, the authority introduced a comprehensive strategy to propel fintech innovation forward, while a day earlier, it released findings from a… Read More

January 27, 2026 @ 5:20 am By Michael Wong  |  

Hong Kong’s central bank published the next phase of its sustainable finance taxonomy, as the city steps up efforts to channel capital towards green and transition activities and support its shift to a low-carbon economy. The Hong Kong Monetary Authority (HKMA) said it has released… Read More

January 5, 2026 @ 10:09 pm By Omar Faridi  |  

Hong Kong’s financial authorities are joining forces to accelerate the integration of artificial intelligence and fintech innovations across multiple sectors in the coming years. The Hong Kong Monetary Authority (HKMA), led by Chief Executive Eddie Yue Wai-man, is actively engaging with the Securities and Futures… Read More

December 28, 2025 @ 10:43 pm By Michael Wong  |  

Hong Kong regulators launched an intellectual property (IP) financing sandbox aimed at helping banks and companies test how patents, trademarks and copyrights can be used as collateral, as the city looks to widen funding options for innovation-led businesses. The Hong Kong Monetary Authority, working with… Read More

December 20, 2025 @ 10:58 am By Michael Wong  |  

Credit card usage in Hong Kong rose sharply in the third quarter of 2025, with both the number of cards in circulation and transaction volumes climbing, while debit card activity declined, data released by the territory’s central banking authority showed. Figures published by the Hong… Read More

November 29, 2025 @ 6:26 am By Michael Wong  |  

Hong Kong’s banking industry has rolled out a package of emergency relief measures for residents affected by a No. 5 alarm fire in Tai Po, including a six-month repayment grace period on mortgages and other consumer loans, the Hong Kong Monetary Authority (HKMA) said. The… Read More

November 16, 2025 @ 6:51 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) announced the launch of EnsembleTX, officially marking the start of the pilot phase of Project Ensemble.  This latest milestone unveiled by the HKMA represents an advancement in enabling real-value transactions involving tokenised deposits as well as digital assets within… Read More