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HONG KONG: Hong Kong’s de-facto central bank intervened once again to defend its currency peg as the local dollar touched the strong end of its trading band.
HONG KONG (Bloomberg) -- Hong Kong’s de-facto central bank sold the local dollar for the first time since 2015 after the currency rose to the strong end of its trading band.
HONG KONG (China Daily/ANN): Amid the so-called tech race between China and the United States, blockchain technology is having its Renaissance in the world’s second-largest economy with the strong backing of President Xi Jinping.
HONG KONG: Hong Kong is catching up with global peers in its fiscal response to the coronavirus outbreak with the announcement of an “unprecedented” HK$137.5bil (US$17.7bil) stimulus package focused on avoiding mass job losses.
HONG KONG (Bloomberg): One of the main focuses of the latest stimulus package announced by the Hong Kong government is to help people keep their jobs and potentially create some as well, said convener of the Executive Council Bernard Chan.
HONG KONG (Xinhua): The Hong Kong Special Administrative Region government on Thursday (April 2) announced the decision to temporarily close bars and other liquor-selling premises in response to an upsurge in Covid-19 cases.
HKMA mulls buying the greenback to rein in local currency
HONG KONG: ZA bank, a unit of China's ZhongAn Online P&C Insurance Co. began operating on Tuesday, it said in a statement, the first of Hong Kong's new online only banks to do so.
China’s major cities begin to show signs of normalcy
Asia markets tumble as US Federal Reserve cuts benchmark rate amid growing concerns about economic toll of coronavirus
Hong Kong and China stocks both open lowerInvestors not persuaded enough action is being taken to deal with virus’ economic fallout