Cage Homes : an art exhibit on Hong Kong's most expensive streets

Norman Chan Tak-lam

The yuan hasn't overtaken the HK$ quite yet, Mr Chan

19 Jun 2013

Monday's edition of the Post quoted the boss of the HKMA, Norman Chan Tak-lam, proclaiming that in May the value of yuan interbank payments cleared through Hong Kong's real-time gross settlement...

4:40AM

HKMA chief's household debt fears overblown

7 May 2013

Let's look at some specifics here; for instance, that bit about rampant consumer spending, which so concerns Norman Chan Tak-lam, the chief executive of the Hong Kong Monetary Authority.

3:56AM

5 comments

Why the HKMA should fret over consumer debt

7 May 2013

Only last week my esteemed colleague Jake van der Kamp was complaining that there is altogether too much consensus among the Business Post's columnists. Commentators are not meant to be a...

7:45AM

7 comments

In the race for yuan trade, Hong Kong must raise its game

30 Apr 2013

Few would remember why Hong Kong became the first city involved in the yuan business in early 2004. It came about after an agreement signed between the central banks of Hong Kong and the mainland...

4:28AM

Monetary authority chief's salary tops HK$9.4m

27 Apr 2013

While Norman Chan Tak-lam's basic salary remained at HK$6 million, the raise mainly came in the form of a 20 per cent increase in variable pay, an amount that depends on individual performance and...

5:42AM

New stamp duties trigger last minute push for flat sales

23 Feb 2013

Real estate agents staged a last-minute flat sales push to beat a midnight deadline for the introduction of a new set of measures aimed at cooling down Hong Kong's red-hot property market.

5:13AM

5 comments

Opinion

Alex Lo

Rankings belie the real purpose of universities: to educate

12:54AM

Howard Winn

Way to go

2:01AM

Property tightening measures break new ground, say bankers

Bankers said last night that the Hong Kong Monetary Authority's new rules for mortgages would help reduce their lending risks but might not succeed in bringing down property prices. This is the...

5:50AM

5 comments

Let cross-border payments use the yuan says Hong Kong's monetary chief

The move could be followed by a further relaxation of cross-border flows of yuan in both directions, Chan said, in tandem with the liberalisation of the mainland's capital account.

5:22AM

50pc property slump would see 57,000 in negative equity

Norman Chan Tak-lam is a worried man. Addressing a Legislative Council panel on Monday, the head of the Hong Kong Monetary Authority complained that household debt level was close to a record high...

6:13AM

4 comments

FINANCE

New round of mortgage tightening likely amid fears of property bubble

The Hong Kong Monetary Authority is poised to launch its sixth round of mortgage tightening measures since 2009 and has given its strongest warning yet of a bubble in the property market.

4:54AM