Hong Kong Monetary Authority
The Hong Kong Monetary Authority is the government authority in Hong Kong responsible for maintaining monetary and banking stability. Its main functions and responsibilities are governed by the Exchange Fund Ordinance and the Banking Ordinance and it reports to the Financial Secretary.
See below for the Latest Hong Kong Monetary Authority News, Analysis, Profit Results, Share Price Information, and Commentary.
HKMA study identifies AI and data analytics as key banking skills
HKMA study identifies AI and data analytics as key banking skills
Another key finding is the importance of a collaborative approach across the industry.
Hong Kong lenders consider making bad bank to offload $25b in soured loans
Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.
Hong Kong says Chong Sing Heritage Trust an unauthorized bank
The bank does not have authorization to carry a banking business in Hong Kong.
Chart of the Week: HK credit and charge card market to reach $132.4b
Banks are rolling out new services, such as a mobile virtual card and a dual-currency card.
Hong Kong credit card values up 8.4% to $34.91b in Q1
The number of debit card transactions fell although the value rose.
Hong Kong, China launch Payment Connect for faster cross-border payments
Supported services include instant remittance services, amongst others.
HKMA, HKUST Business School ink MoU for applied cybersecurity research
They will explore supervisory tech and regulatory tech.
Hong Kong’s card receivables down 5.8% to $19.5b in Q1
Delinquent and rescheduled ratio was 0.42% as of end March 2025.
ZA Bank reports HK$548m net revenue and narrows losses by 42%
Net interest income is 86% higher in 2024.
Hong Kong deposits up 0.8% in March
HKD and total deposits rose, but renminbi deposits declined.
Hong Kong mortgages in negative equity rose to over 40,700 in March
The three-month delinquency ratio rose slightly.
Hong Kong rolls out new measures against fraud and mule accounts
The central bank will roll-out an updated platform for banks to exchange information.
Hong Kong green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC.
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December.
Home loans in negative equity dropped to $25.03b in Dec 2024
The number of cases fell, but the three-month delinquency ratio rose.
Hong Kong’s total deposits up 7.1% in 2024
Renminbi deposits fell, whilst RMB remittance rose in December.
Employment, not prices, to weigh on Hong Kong banks’ loans
Banks will face ‘minor but manageable’ pressure on such portfolios.
Commentary
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks