The steep fall is a sign that investors are ditching the Hong Kong dollar. The city still has ample foreign reserves that can be used to prop up the currency, according to officials. But that hasn ...

Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local ...

The Hong Kong Monetary Authority (HKMA) has jumped into the foreign exchange market again after the Hong Kong dollar dropped ...

Hong Kongs de facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in currency markets on Thursday by ...

The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.

The Hong Kong Monetary Authority bought $7.8 billion (HK$60.5 billion) against the Hong Kong dollar on Tuesday, and has been intervening since May 2 as the currency repeatedly hit 7.75, the upper ...

Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. The outflows ...

The Hong Kong dollar HKD=D3 has been pegged in a tight band between 7.75 and 7.85 per greenback for nearly four decades and tends to face ... Sign up for Smart Investing to get the latest news, ...

It fell to just 44.76 billion Hong Kong dollars ($5.7 billion) by Monday, the lowest level since November 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar.