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 ...

Trading will be conducted in yuan and settled by cash or physical delivery, including to the new vault operated by Bank of ...

New World Development borrowed money for projects that people inside and outside the company have characterised as ...

The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release.

Supported services include instant remittance services, amongst others. The central banks of Hong Kong and China have pushed ...

Payment Connect was jointly launched by the People's Bank of China and the Hong Kong Monetary Authority to strengthen ...

Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...