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Tag

hong kong dollar

2 articles

Digital Assets23h ago

HSBC's RedCoin Hits HK$87.75M in First Week as PayMe Integration Drives 50K Users

HSBC's Hong Kong dollar stablecoin recorded strong initial adoption, signaling institutional appetite for regulated digital currency and tokenized investment products.

Macro & Rates20d ago

Hong Kong Dollar at Weak Peg Limit as Reserve Drains Push HIBOR Higher

HKMA intervention to defend the currency peg is draining interbank liquidity, threatening to spike borrowing costs and steepen the yield curve.