Tag : hong kong monetary authority

The de facto sovereign wealth fund of Hong Kong on Monday reported an investment loss of HK$202.4 billion ($25.8 billion), or 4.4%, for 2022 - the worst performance since 2008.

The worst global investment environment in 50 years has left the Exchange Fund with 'nowhere to hedge'. HKMA's chief executive said the fund plans to adopt a defensive position heading into 2023.

Hong Kong’s Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing (HKEX) will soon unveil their initial study about transforming the city into a carbon trading hub that connects China with the rest of the world.

Chief executive Eddie Yue highlights the urgency of providing greener banking system, and explains how Hong Kong could help Chinese green bonds issuers.

The deputy CEO of Hong Kong’s banking regulator for the first time explains its stance on financial technology. But he voices concerns over potential disintermediation of financial services firms.

The Hong Kong Monetary Authority is looking to appoint what is understood will be the first head of asset allocation for its Exchange Fund.

Kuwait Investment Authority obtained an additional $500 million QFII quota in January. Ten other institutions were beneficiaries, including Korea's central bank.

They are doing so in response to Asia-Pacific institutions rising appetite for assets such as hedge funds, private equity and real estate.

The Royal Bank of Scotland will not face any disciplinary action from local authorities after it agreed to repurchase Lehman-linked equity notes sold to professional investors at 100%.

The arm of the Singapore state fund has become the third institution to exceed $1 billion in qualified foreign institutional investor quota. There were also other chunky QFII handouts last month.

Norway's central bank becomes only the second institution to exceed $1 billion in qualified foreign institutional investor quota, after the Hong Kong Monetary Authority.

Hong Kong's central bank hopes that partnering Clearstream will help to reignite interest in its repurchase agreement settlement platform. To date very few deals have been closed.