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.

Chart of the Week: HK credit and charge card market to reach $132.4b

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.
4 days ago

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.

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.

DBS welcomes deepening financial market ties between Hong Kong, China

It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said.

Hong Kong launches incubator for banks’ adoption of DLT

Tokenised deposits will be a core focus upon the incubator’s inception.