Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...

Ant Bank (Hong Kong) recently received a US$100 million capital injection from its parent company, Ant International. Ant Bank will further enhance investments in services and innovative products ...

HONG KONG, April 9, 2025 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") announces a strategic partnership with Ant Bank (Hong Kong) ("Ant Bank") and AlipayHK to provide a suite of insurance ...

HONG KONG--(BUSINESS WIRE)--Ant Bank (Hong Kong) recently received a US$100 million capital injection from its parent company, Ant International. Ant Bank will further enhance investments in services ...