News

RMB deposits in Hong Kong up 2.1% to RMB709.5b

Hong Kong-dollar deposits also rose 0.6%.

RMB deposits in Hong Kong up 2.1% to RMB709.5b

Hong Kong-dollar deposits also rose 0.6%.

Exchange Fund’s total assets fell to $2.858t

Monetary Base stood up 0.5% to $1.2385t.

HK welcomes Shanghai free trade zone

It will be a pilot-free scheme.

Hong Kong close to lifting restrictions on milk power exports

Two-can export limit on baby formula might be removed.

Negative balance of trade in August

Hong Kong's exports fell in August while imports fell after five successive months of growth, said the Census and Statistics Department.

Hong Kong braces for rising interest rates

HK banks more exposed to Mainland firms.

Growth in the number of Hong Kong rich slows

There were 114,000 HNWIs in HK in 2012.

Alibaba junks Hong Kong IPO

Talks with HKEx breaks down.