HKMA – Charm – Daily News

Fosun International Receives “Certificate of Excellence in Environmental, Social and Governance Reporting” from Hong Kong Management Association

2 weeks ago011 mins

HONG KONG, Feb. 26, 2026 /PRNewswire/ — On 23 February 2026, The Hong Kong Management Association (HKMA) held the 2025 HKMA Best Annual Reports Awards presentation ceremony in Hong Kong. Fosun International received the “Certificate of Excellence in Environmental, Social and Governance Reporting”, underscoring the company’s outstanding performance in ESG strategy, environmental protection, social responsibility,…

Hong Kong signals caution in stablecoin license rollout

1 month ago011 mins

Hong Kong authorities are moving toward issuing the city’s first stablecoin licenses, with the Hong Kong Monetary Authority targeting March for an initial round. Market expectations, however, have been carefully managed. Based on regulatory signals and industry briefings, the first batch is widely expected to be limited, likely to no more than three to five…

HSBC suffers temporary system shutdown, stopping services in Hong Kong

1 month ago02 mins

HSBC, Hong Kong’s largest bank with a 6.2 million-strong customer base, suffered a widespread system breakdown on Friday afternoon. According to some customers, the bank’s mobile app and online services were inactive as early as 1pm, with login attempts diverted to a screen stating the system was under maintenance and would be accessible at a…

HKMA follows the Federal Reserve to keep interest rate unchanged

2 months ago03 mins

Hong Kong’s de facto central bank left its base rate unchanged after a similar move overnight by the US Federal Reserve, leaving borrowers in the city with a longer wait for funding costs to fall. The Hong Kong Monetary Authority (HKMA) announced its decision on Thursday morning to keep the city’s base rate at 4…

China’s central bank to support HKMA in doubling of yuan liquidity for Hong Kong lenders

2 months ago02 mins

China’s central bank will support Hong Kong’s monetary authority to double the amount of yuan liquidity available to local banks, helping them increase yuan lending and enhancing the city’s role as an international offshore centre for the mainland currency. People’s Bank of China (PBOC) deputy governor Zou Lan said at the Asian Financial Forum (AFF)…

Digital finance forum: AI, data must link ‘digital islands’ to smooth trade finance

2 months ago02 mins

The use of technology in trade finance is advancing from digitising existing paperwork to re-engineering entire processes with artificial intelligence and shared data, according to bank executives at the Development & Innovation of AI for Digital Finance forum on Monday in Hong Kong. “When we are talking about digitalisation, we are actually making the current…

How lower US interest rates will help Hongkongers even if local prime rates don’t drop

2 months ago02 mins

Hong Kong banks may not cut their prime rates this year, but local interbank rates will still follow US rates lower, benefiting a majority of borrowers, according to a senior executive of the Hong Kong Monetary Authority (HKMA). Analysts widely expect the US Federal Reserve to cut its key rate by three-quarters of a point…

HKMA releases Phase 2A of Hong Kong green taxonomy

2 months ago04 mins

The Hong Kong Monetary Authority (HKMA) has published Phase 2A of the Hong Kong Taxonomy for Sustainable Finance, marking a further step in the city’s efforts to channel capital towards green and sustainable economic activities and support the transition to a low-carbon economy. Released on 22 January, the updated taxonomy builds on earlier work by…

Hong Kong interbank rates forecast to drop on expected US monetary easing in 2026

2 months ago03 mins

The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate cuts of up to 75 basis points, a move that would lower Hong Kong’s interbank-linked loan costs but leave prime lending rates stuck at their historical low, according to analysts. The Fed and the Hong Kong Monetary…

Hong Kong interbank rates forecast to drop on expected US monetary easing in 2026

2 months ago03 mins

The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate cuts of up to 75 basis points, a move that would lower Hong Kong’s interbank-linked loan costs but leave prime lending rates stuck at their historical low, according to analysts. The Fed and the Hong Kong Monetary…