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China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
The dual circulation jointly built by Shanghai and Hong Kong as the country's two currency hubs is especially important in ...
A digital currency pegged to the offshore yuan would be more workable in Hong Kong than mainland China, the central bank ...
14d
Asian Banking & Finance on MSNHong Kong, China launch Payment Connect for faster cross-border paymentsSupported services include instant remittance services, amongst others. The central banks of Hong Kong and China have pushed ...
The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release.
SINGAPORE] The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two ...
7d
Cryptopolitan on MSNInvestors are going around China’s crypto ban, getting exposure through stocksMainland investors in China are flooding into Hong Kong’s equity markets to sidestep Beijing’s crypto ban, using stocks as a ...
Mainland China has long been Hong Kong's largest trading partner, ... however, after the People’s Bank of China changed the way it set the central parity rate in August 2015.
BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based ...
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