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Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakersPublished Tue, May 6, 2025 · 07:06 AM[MELBOURNE] Hong Kong authorities said they continued...
Hong Kong ramps up FX intervention to defend currency peg
[MELBOURNE] Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg.The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion...
China’s Ant plans to list overseas unit in Hong Kong: report
Published Sun, May 4, 2025 · 06:57 PM[HONG KONG] Ant, an affiliate of China’s e-commerce giant Alibaba, plans to list its overseas arm, Ant International, on the Hong Kong...
Hong Kong buys US dollars to maintain FX peg in first since 2020
Published Sat, May 3, 2025 · 10:29 AM[HONG KONG] The Hong Kong Monetary Authority (HKMA) bought US dollars to cap the gains of the city’s currency, the first such...
AirAsia-owner Capital A eyes Hong Kong listing
[BENGALURU] Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock exchange, as it looks to...
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
Published Wed, Apr 30, 2025 · 09:05 AMPRUDENTIAL on Wednesday reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefitted...
AIA Group’s value of new business jumps on strong Hong Kong sales
Published Wed, Apr 30, 2025 · 08:26 AMHONG Kong-based insurer AIA Group reported a 13 per cent rise in its first-quarter value of new business (VONB) on Wednesday, bolstered...
Hong Leong Finance sees over 300% growth in EV loans
[SINGAPORE] Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314...
