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.

Hong Kong’s mortgage loan applications, approvals rose in July

Mortgage loans for primary market and secondary market transactions both increased.
3 days ago

HSBC fined HK$4.2m for disclosure breaches in research reports

It is estimated to have affected disclosures in over 4,200 reports.

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.

Hong Kong deposits up 0.8% in March

HKD and total deposits rose, but renminbi deposits declined.

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’s total loans down 2.8% in 2024

Loans for use outside Hong Kong dropped by 1.3% in December.