Hong Kong's Consumer Prices Rise 1.5% in June

The larger increase was due mainly to a year-over-year decline in the government's provision of electricity charges subsidy as compared to June 2023.

MT NewswiresJul 22 05:20 ET

Hong Kong's Unemployment Rate Remains Consistent in April-June

The unadjusted unemployment rate also stayed the same across the two periods at 1.2%.

MT NewswiresJul 18 05:16 ET

Short-term Hong Kong dollar interbank rates rise, overnight interbank rates rise to 4.48%, reaching a new high in nearly a week.

On July 16th, the short term interbank rates for Hong Kong dollars increased, but long term rates remained soft. Among them, overnight rates rose slightly by 4 basis points to a new high of 4.48131% in the past week.

Zhitong FinanceJul 16 01:37 ET

China's Central Bank Holds Key Policy Rates Steady -- Update

China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.

Dow JonesJul 15 02:55 ET

Interest rates for Hong Kong dollars vary, with a one-month borrowing rate of 4.6%.

On July 15th, individual developments occurred in the Hong Kong interbank interest rates this morning, with the overnight rate slightly down to 4.44119%, while the one-month interbank rate related to property remained at 4.6%.

Zhitong FinanceJul 15 01:35 ET

Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.

Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.

Zhitong FinanceJul 14 21:27 ET