Hong Kong

Why RMB globalization is still a long way off

Why RMB globalization is still a long way off

Efforts to globalize the renminbi (RMB) reached a milestone when the currency joined the league of the most-traded currencies for the first time.

Overcoming Asian fragmentation to improve standardisation and automation

As discussed in a previous post, the fragmented nature of Asia Pacific’s financial services market leads to numerous challenges for banks when trying to create a standardised approach to the processing of corporate actions.

Will Qianhai jeopardize Hong Kong’s position?

In mid-2012, the China’s State Council approved the development of the Qian­hai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

BEA unveils MPF asset consolidation bonus programme

Bonus may be up to 1.2% of total assets transferred.

BOCHK posts the strongest results in 1H13

And DBS HK beat other international banks.

Hong Kong banks' deposits back on a growth trend

System deposits in July rebounded 1.5%.