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07.05.26 - 07:00
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Hong Kong sharpens commodities hub ambitions with mediation and yuan push (SCMP)
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Hong Kong is exploring the creation of a specialised mediation panel to handle international commodities disputes, as the city steps up efforts to position itself as a regional hub for metals trading, yuan-denominated commodities products and physical gold storage, Financial Secretary Paul Chan Mo-po said on Thursday.
The proposed panel would focus on resolving disputes across the commodities supply chain – from mining and production to trading, warehousing and delivery – and would be developed......
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14.04.26 - 03:21
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Hong Kong And The Quiet Rewiring Of The Dollar System (ZeroHedge)
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Hong Kong And The Quiet Rewiring Of The Dollar System
Authored by Peter C. Earle, Ph.D,
Hong Kong's decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority's new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market's roughly $300 billion capitalization tied to the US Treasury by one or the other, but the more important long-term story may be Asia's role in transforming stablecoins from simple crypto settlement tools into the foundation of a real-time, on-chain foreign exchange and collateral ecosystem. In monetary terms, this is one more step in the migration of fiat liabilities from legacy banking rails onto programmable bearer-like instruments, a...
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08.04.26 - 12:36
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More global firms eye Hong Kong for cheaper yuan loans, bonds: StanChart (SCMP)
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More companies are using Hong Kong as a platform to tap yuan funds to finance their operations, thanks to the city's active capital market and a new 200 billion yuan (US$28.68 billion) liquidity facility that provides steady, cheap yuan funding, according to a Standard Chartered report on Wednesday.
Among companies that have yuan exposure, about 24 per cent said they would like to increase yuan financing over the next three years, according to Standard Chartered, citing the results of a survey......
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25.02.26 - 13:24
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Hong Kong seeks to hone edge as offshore yuan hub, digital-asset front runner (SCMP)
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Hong Kong is aiming to sharpen its competitive edge as an offshore yuan hub, an asset and wealth management base, and a digital-asset front runner under Financial Secretary Paul Chan Mo-po's budget released on Wednesday.
Market participants largely welcomed Hong Kong's renewed push to strengthen its position as an international financial centre, after Chan highlighted the city's unique role in driving the yuan's internationalisation and capital account opening.
The initiative comes as Beijing......
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12.02.26 - 12:06
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Yuan rally puts fresh steam into Hong Kong′s dim sum bond revival (SCMP)
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Hong Kong's offshore yuan bond market is set for another strong year – as the yuan climbed to its strongest level in nearly three years – prompting bankers to forecast more deals in 2026.
The city's dim sum bond market, yuan-denominated notes issued outside mainland China, had evolved from a niche funding channel into a more mainstream financing option, as technology firms and global companies accessed a deeper pool of renminbi liquidity amid a firmer currency, bankers said.
They added that the......
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26.01.26 - 06:24
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China′s central bank to support HKMA in doubling of yuan liquidity for Hong Kong lenders (SCMP)
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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) in Hong Kong on Monday that the central bank would provide more funding to allow the Hong Kong Monetary Authority (HKMA) to double the yuan......
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20.01.26 - 06:01
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Hongkong greift den Dollar an | Tichys Börsenwecker (Tichys Einblick)
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Aktien, Rohstoffe, Gold, Crypto – alles, was die Kurse und Anleger in Deutschland und Frankfurt bewegt – darüber berichtet mit sechs Stunden Vorsprung Philipp Mattheis aus Bangkok. An diesem Dienstag meldet er eine Sensation aus Hongkong: Die Clearingstellen der Handelsstadt arbeiten mit Shanghai zusammen und werden bestimmte Transaktionen nun in Gold statt Dollar abwickeln. Das
Der Beitrag Hongkong greift den Dollar an | Tichys Börsenwecker erschien zuerst auf Tichys Einblick....
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19.01.26 - 02:36
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Hong Kong dollar and yuan bonds forecast to sustain record growth momentum in 2026 (SCMP)
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Hong Kong's local currency and offshore yuan bonds are expected to maintain their growth momentum in 2026, driven by deepened market benchmarks and demand, according to a senior banker.
The broader Asian bond market, excluding Japan, has had a busy start to 2026, with high-profile issuances in Hong Kong dollars and offshore yuan leading the way, riding on last year's record volumes.
On Friday, Kuaishou Technology sold a 3.5 billion yuan (US$502 million) five-year note – known as a dim sum bond –......
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16.01.26 - 03:01
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Hong Kong′s Kuaishou to raise US$2 billion in dual-currency bond sale (SCMP)
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Kuaishou Technology plans to raise a combined US$2 billion from a dual-currency bond sale as the short-video platform operator tapped the debt market to strengthen its businesses.
The company would issue two tranches of US$1.5 billion bonds and 3.5 billion yuan (US$502.4 million) of bonds, it said in an exchange filing. The US dollar bonds maturing in January 2031 will carry a coupon rate of 4.125 per cent, while those due in January 2036 will 4.75 per cent. The yuan bonds will have a coupon......
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13.01.26 - 03:36
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Hong Kong stocks climb as yuan hits strongest level in nearly 3 years (SCMP)
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Hong Kong stocks opened higher on Tuesday as global investors broadened their focus beyond US markets, fuelling gains across Asian equities, while the yuan advanced to its strongest level against the US dollar since May 2023.
The Hang Seng Index surged 1.8 per cent to 27,074.42 as of 9.45am, the Hang Seng Tech Index rallied 1.6 per cent. On the mainland, the CSI 300 Index edged up 0.3 per cent and the Shanghai Composite Index slipped 0.1 per cent.
Chinese pharmaceutical and healthcare shares......
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12.01.26 - 08:36
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Yuan rally drives mainland China and Hong Kong stocks to strong 2026 start (SCMP)
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A strengthening Chinese yuan has added to a flurry of catalysts driving stocks in mainland China and Hong Kong to solid starts in 2026, with history suggesting the uptrend could hold.
The CSI 300 Index of yuan-denominated onshore equities and the Hang Seng Index have risen more than 3 per cent this year after the currency breached the key 7 per US dollar level, a point not seen in two and a half years.
Historical data indicates that a stronger yuan bodes well for Chinese stocks. HSBC Qianhai......
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29.12.25 - 11:36
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OCBC, Bangkok Bank, First Abu Dhabi join Hong Kong′s US$14 billion offshore yuan scheme (SCMP)
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Leading banks from Southeast Asia and the Middle East – including OCBC, Bangkok Bank, First Abu Dhabi Bank and Qatar National Bank – have joined the Hong Kong Monetary Authority's (HKMA) expanded yuan liquidity facility, underscoring the city's push as a global offshore renminbi (RMB) business hub.
The HKMA said on Monday it had doubled the quota it allocated to banks under the Renminbi Business Facility to 100 billion yuan (US$14 billion) from December 1, the maximum allowed under the......
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29.12.25 - 01:36
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Hong Kong bond markets, yuan issuance to expand in 2026 under HKMA, SFC road map (SCMP)
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Hong Kong is expected to see a rise in bond issuance across multiple currencies in 2026, driven by rising demand for non-US dollar assets amid geopolitical tensions and government initiatives to strengthen the city's capital markets, according to industry players.
As part of efforts to promote the local bond market, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) launched a blueprint in September to expand yuan-linked products and widen the investor base......
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25.11.25 - 11:00
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Hong Kong pushes local currency use to shield Asia from global uncertainties (SCMP)
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Hong Kong is ramping up efforts to expand the use of local currencies across the Asia-Pacific region, including developing a local currency debt market, as part of a push to hedge against rising geopolitical risks, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue Wai-man.
Speaking at the fourth edition of the Asean+3 Economic Cooperation and Financial Stability Forum in Hong Kong on Tuesday, Yue underlined the need to strengthen regional financial ties as Hong Kong and its......
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09.11.25 - 04:06
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How Hong Kong′s currency exchange shops have become a dying breed (SCMP)
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Currency exchange shops, once a ubiquitous feature of Hong Kong's retail landscape, are in a gradual, irreversible decline, with their closure precipitated by the pandemic, stricter licensing regulations and adoption of an array of convenient digital payment systems.
The number of registered currency exchange shops in the city has more than halved to around 1,050 from a peak of nearly 2,500 in 2018, before the social unrest and border closures brought tourism to a standstill for three years,......
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