Hong Kong

Beijing expands yuan liquidity, bond access in Hong Kong

Beijing and Hong Kong authorities on Tuesday announced a broad package of measures to strengthen Hong Kong's position as the leading offshore renminbi hub, expanding cross-border financial connectivity and enhancing the city's role in global currency, bond, and gold trading…

Hong Kong launches gold clearing system to rival London

Hong Kong inaugurated the trial operation of its central gold clearing and settlement system on Tuesday, marking the city's most concrete step yet toward challenging London's centuries-old grip on global bullion trading infrastructure.

Survey: 87% of global institutions now access yuan markets

Institutional investors across Asia Pacific are moving beyond early-stage access to Chinese yuan markets and are now focused on operating at scale, according to a new HSBC-commissioned survey released on Sunday. The findings arrive as multiple countries intensify efforts to…

Apple supplier Luxshare launches $3.1B Hong Kong listing

Luxshare Precision Industry, the Chinese electronics manufacturer best known for assembling Apple's AirPods and iPhones, launched a Hong Kong share sale on Tuesday seeking to raise up to HK$24.27 billion ($3.1 billion), making it the city's largest listing so far…