Mox, the fifth of Hong Kong’s virtual banks, launched last month, showing a solid initial response. But what’s the future for the others and what’s in it for corporate treasurers?
Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.
Hong Kong currency strength is being driven by carry trade players exploiting widening interest rate differentials – and now the HKMA is busily selling HKD to keep it inside its peg
As Hong Kong’s protests stretch into their fourth month, at least two of the city’s new virtual banks have decided on a delayed soft launch of the financial product
