Hong Kong Dollar (HKD) News Monitoring

Hong Kong’s stablecoin moment eclipses dollar peg debate

As global markets obsess over Hong Kong’s 42-year-old currency peg to the US dollar, Financial Secretary Paul Chan seems more intrigued by the next four decades for the city’s economy. The currency speculators testing the Hong Kong monetary authority have …

Hong Kong's Stablecoin Moment Eclipses Dollar Peg Debate

Latest stories China's J-35A courting buyers barred from US F-35s Awaiting clarity on tariffs' effects, Fed holding steady on rate Under the mountain: what Israel needs and Trump must decide The idea is that once there are global payments systems …

Demise of Hong Kong dollar peg? Still the bet you shouldn’t take

Demise of Hong Kong dollar peg? Still the bet you shouldn’t take

China’s yuan rises on stronger fixing, weaker dollar outlook

HONG KONG: China’s yuan firmed against the US dollar on Friday as the central bank set the daily fixing stronger and as expectations of dollar weakness supported the currency. Prior to the market opening, the People’s Bank of China set the midpoint rate at …

Global equities join dollar rebound as gold endures sharp dip

Global equities rose across the board on Friday, with traders brushing off Middle East conflict fears and repositioning out of safe-haven assets like gold. The dollar surged. Bond yields nudged higher. Stocks in Europe and Asia gained, even while US …

What China’s listing frenzy in Hong Kong means for investors

HONG KONG – Chinese companies are lining up in droves to list on the Hong Kong stock exchange, sparking a frenzy in a market that has been forsaken by investors and companies for many years. In May, the world’s largest battery maker, Contemporary Amperex …

Hong Kong Monetary Authority says outlook for local currency uncertain

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) said on Thursday the outlook for the direction of the Hong Kong dollar and for interbank rates remains uncertain due to carry trades and other factors. The city’s de-facto central bank made the …

Hong Kong interest rates fall despite currency's US dollar peg

HONG KONG -- Interest rates in Hong Kong have fallen despite a monetary mechanism that pegs the city's currency to the U.S. dollar, as investors shun carry trades amid declining confidence in the greenback. The peg system lets the Hong Kong dollar …

China Backs Digital Yuan and Promotes Multi-Polar Currency System

Free Newsletter Get the hottest Fintech Hong Kong News once a month in your Inbox The head of China’s central bank has promised to boost the global adoption of the digital yuan and called for the development of a multi-polar global currency system, where …

HKMA warns carry trades, weak currency to lift borrowing costs in Hong Kong

The Hong Kong Monetary Authority (HKMA) said widening interest-rate gaps between local and offshore markets over the past month could intensify carry trades and weaken the local currency, leading to higher borrowing costs for property owners and consumers. …

US Dollar Strength and Oil Surge: A Fragile Mix for Global Equities

Market sentiment remains fragile this morning as reports continue to arrive that the US is planning strikes on Iran. This would be a major escalation in the conflict and could draw other allies into the fight. The UK also held meetings on the possible …

Currency Exchange Rates in Pakistan Today – 19 June 2025

KARACHI – Pakistani rupee registered further decline gainst major foreign currencies in open market as the buying and selling prices of Euro, Saudi Riyal and UK Pound registered gains. On June 19, US Dollar’s buying rate stood at Rs283.4, while selling …

BOC Macau reshapes future of privatisations and syndicated loans in Hong Kong

When RGE Group company, Isola Castle, completed the acquisition of Hong Kong-listed Vinda International Holdings, in August 2024, it sealed one of the largest and most influential benchmark M&A deals in the Asia Pacific consumer market in recent years. …

Hong Kong MPF Surged 3.8% On Average In May 2025

Image Source: Pexels Hong Kong’s stock market soared 5.3% in May and posted a positive return of 16.1% for the year-to-date period (as of 2025/05/31). China Shanghai Composite Index rose 2.1% in May and posted a negative return of 0.1% for the year …

Why US-backed stablecoins have China wary of a potentially more dominant dollar

With major economies gearing up for the rising ubiquity of stablecoins and their impact on the global economy, former Chinese central bank chief Zhou Xiaochuan has warned that US dollar-backed stablecoins could accelerate the “dollarisation” of the …

Animoca Brands hopes to snag stablecoin issuer license through joint venture with Standard Chartered and Telecom

Hong Kong-based Animoca Brands aims to one day obtain a stablecoin issuing license through its joint venture with Standard Chartered Bank and Hong Kong Telecom. The move comes ahead of the region’s Stablecoin Ordinance legalization. In an exclusive …

Hong Kong's $3.4bn multicurrency green, infrastructure bonds see strong global demand

Hong Kong’s government has issued its latest multicurrency institutional green bonds and infrastructure bonds, raising a total of around HK$27 billion ($3.4 billion). The green bonds consist of three tranches, denominated in Renminbi, USD and Euro. These …

CITIC: Hong Kong’s stablecoin law will ignite tokenization

Homepage > News > Finance > CITIC: Hong Kong’s stablecoin law will ignite tokenization When Hong Kong legislators passed the Stablecoins Ordinance last month, they opened the city-state up to becoming a global digital assets hub, with dozens of …

Impact Investing Market to Reach $6 Trillion by 2031, Growing at 9.5% CAGR from $2.5 Trillion in 2021

Impact Investing Market to Reach $6 Trillion by 2031, Growing at 9.5% CAGR from $2.5 Trillion in 2021 NEW CASTLE, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Recently, Allied Market Research has published a report on the impact …

Trade Finance Market to Reach $90.2 Billion by 2030, Growing at 7.4% CAGR from $44.1 Billion in 2020

Trade Finance Market to Reach $90.2 Billion by 2030, Growing at 7.4% CAGR from $44.1 Billion in 2020 NEW CASTLE, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Trade Finance Market …

The Crown Jewel of Bend, Oregon, Available at Auction via Concierge Auctions

Extraordinary Architectural Compound Set on 80 Acres Will Sell at Auction in Cooperation with Jen Bowen of Coldwell Banker Bain NEW YORK, NY, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Situated on 80 completely private acres in the …

California Firms Embrace Payroll Services to Cut Costs and Meet Legal Demands

Payroll service companies in California offer scalable, compliant solutions that streamline payroll for growing small businesses. MIAMI, FL, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- With employment laws becoming increasingly stringent …

TRON-Based ‘TRX SAVING’ Product with 12% Annual Yield

XBITU Unveils TRX SAVING with 12% Yield — On-Chain Staking Powered by TRON FREEZE WROCLAW, DOLNOSLASKIE, POLAND, June 20, 2025 /⁨EINPresswire.com⁩/ -- XBITU, a cryptocurrency financial service provider licensed in Poland, has announced the launch …

Tire Recycling Market Outlook 2032: Advancing Green Practices in Mobility, at 3.3% CAGR

Tire Recycling Market Outlook 2032: Advancing Green Practices in Mobility, at 3.3% CAGR NEW CASTLE, DE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Tire Recycling Market by Process …

Websnoogie, LLC Launches Revolutionary Free SEO Audit App Delivering Instant Website Analysis

Revolutionary app delivers complete SEO audits in under two minutes, making professional-grade optimization insights accessible to all businesses. OMAHA, NE, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Websnoogie, LLC, a leading provider …

Stonewell® Bookkeeping Launches Low Cost Franchise Opportunity in 2025

Stonewell® Bookkeeping launches a $15K low cost franchise in 2025, now available nationwide for bookkeepers, entrepreneurs, and small business owners. AUSTIN, TX, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- What began as a single-location …

Artificial Intelligence (AI) Certificate Programs Added at Madison Education Group (MEG)

MEG AI Certificate Programs MELBOURNE, FL, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Madison Education Group (MEG), a premier provider of professional development certifications and trainings, continues to expand its certificate …

KRAMBU Selects Elkhorn Products as Strategic Partner for Next-Generation Data Center Development Across United States

Multi-Site Partnership to Deploy Revolutionary Hydrovaporization Technology for Enhanced AI Infrastructure as Part of Industrial Symbiosis Initiative COEUR D’ALENE, ID, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- KRAMBU, Inc., a leading …

Mage Data Announces General Availability of Unified Data Protection Fabric for SAP

Mage Data's Unified Data Protection Fabric for SAP secures sensitive data with AI-driven discovery, dynamic masking, and Zero Trust controls. NEW YORK, NY, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Mage Data, a leader in enterprise …

APTelecom Appoints The Wyse Group as Strategic Advisor to Lead Capital Raise for Growth and Expansion

APTelecom appoints The Wyse Group to lead a capital raise to expand global digital infrastructure and boost growth in underserved, high-potential markets. NEW YORK, NY, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- APTelecom is pleased to …

Bishop-Parker Foundation awards more than $5 million in grants

Total includes a major $3 million grant to Manatee Performing Arts Center plus funding for health services and mentoring and education programs BRADENTON, FL, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Bishop-Parker Foundation awarded …

Historic Name Meets Digital Opportunity: LondonGazette.com Offered to the Marketplace

Legacy of 1665, Ready for 2025: A Trusted Brand for News, Major Media, and Thought Leadership SCOTTSDALE, AZ, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- The premium domain LondonGazette.com—a title echoing more than three centuries of …

Universal Pacific 1031 Releases Market Analysis: Recent Changes in 1031 Exchange Laws and Statistics for 2025

Universal Pacific 1031 Experts Analyze Market Volatility and Legislative Uncertainty Creating a New Landscape for Real Estate Investors CA, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- In response to heightened market volatility and legislative …

Former U.S. Congressman Kwanza Hall Reappointed to Four-Year Term on Develop Fulton Board of Directors

Hall to Continue Leadership Role as Board Chair, Driving Economic Growth and Development Initiatives Through 2029 ATLANTA, GA, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- In a unanimous vote, former United States Congressman Kwanza Hall …

Basswood Counsel Releases Podcast Episode Discussing New SEC Chairman and Regulatory Outlook

WASHINGTON, DC, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Basswood Counsel released a timely new episode of its podcast, Under the Basswood Tree, entitled “Basswood Counsel Discusses New SEC Chairman.” The episode dives into the …

Global Syndicated Loans Market To Reach $1342.3 Billion By 2029 With A Growth Rate Of 14.4%

The Business Research Company's Syndicated Loans Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 20, 2025 /⁨EINPresswire.com⁩/ -- How Is The Syndicated Loans Market …

Black-led Redemption Holding Company completes historic acquisition of Utah-based Holladay Bank and Trust

America’s first Black bank located in an affluent community to provide a platform for entrepreneurs to gain economic resiliency during uncertain times SALT LAKE CITY, UT, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- Redemption Holding …

NutriSelect Files Provisional Patent for Precision Supplement Intelligence™ Platform

Revolutionary AI system aims to transform how consumers choose dietary supplements through science-backed personalization. CLEARWATER, FL, UNITED STATES, June 20, 2025 /⁨EINPresswire.com⁩/ -- NutriSelect.ai, Inc., a science-driven health tech startup …