https://www.scmp.com/rss/523368/feed The latest news and top stories on Cheuk Wong, the Head of Markets & Securities Services in Hong Kong at HSBC. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Enoch Yiu Enoch Yiu Hong Kong note-issuing banks HSBC and Standard Chartered on Monday completed trades at the launch of the city’s cross-boundary bond repurchase (repo) scheme, according to the two lenders. The cross-boundary bond repo business was launched by the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China, alongside other mainland authorities, as the latest initiative to enhance the Bond Connect scheme, which would encourage more international investors to trade in yuan-denominated... https://www.scmp.com/business/banking-finance/article/3327276/hsbc-standard-chartered-complete-first-yuan-repo-under-new-scheme?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3327276/hsbc-standard-chartered-complete-first-yuan-repo-under-new-scheme?utm_source=rss_feed Mon, 29 Sep 2025 13:30:09 +0000 Aileen Chuang Aileen Chuang Companies in Hong Kong moved swiftly on Monday to take advantage of a new Swap Connect rule that lets them hedge using China’s onshore loan prime rate (LPR), as demand rises to manage yuan interest-rate risks. The measure, which was introduced by mainland China and Hong Kong regulators in May and went live on Monday, is part of a drive to expand product offerings under Swap Connect. Launched in Hong Kong in 2023, Swap Connect allows global investors to access mainland China’s interbank financial... https://www.scmp.com/business/banking-finance/article/3326365/hong-kong-firms-tap-new-swap-connect-rule-hedge-yuan-rate-risks?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3326365/hong-kong-firms-tap-new-swap-connect-rule-hedge-yuan-rate-risks?utm_source=rss_feed Mon, 22 Sep 2025 07:30:06 +0000 Julie Zhang Julie Zhang The Hong Kong government is lowering the guaranteed coupon rate for its 10th batch of Silver Bonds offered to the city’s senior citizens, as anticipation builds that the US Federal Reserve will commence its next cycle of interest rate cuts on September 18. Up to HK$50 billion (US$6.4 billion) of Silver Bonds will go on sale next month with a guaranteed annual coupon of 3.85 per cent, down from 4 per cent in the batch sold in September last year. Three-year bonds will go on sale from 9am on... https://www.scmp.com/business/banking-finance/article/3323676/hong-kong-reduces-coupon-10th-batch-silver-bonds-ahead-feds-expected-rate-cut?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3323676/hong-kong-reduces-coupon-10th-batch-silver-bonds-ahead-feds-expected-rate-cut?utm_source=rss_feed Fri, 29 Aug 2025 11:00:19 +0000 Aileen Chuang Aileen Chuang Global investors have ramped up use of Chinese bonds in short-term borrowing agreements in Hong Kong, taking advantage of new measures from mainland and Hong Kong regulators that took effect on Monday. Several banks, securities firms and hedge funds completed their first trades under the offshore Bond Connect repurchase (repo) business set up by the Hong Kong Monetary Authority (HKMA), leveraging enhancements announced last month, including the repledging of bond collateral during the lifetime... https://www.scmp.com/business/banking-finance/article/3323060/chinese-bonds-find-fast-favour-hong-kong-short-term-borrowing-new-rules-take-effect?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3323060/chinese-bonds-find-fast-favour-hong-kong-short-term-borrowing-new-rules-take-effect?utm_source=rss_feed Mon, 25 Aug 2025 09:30:07 +0000 Aileen Chuang Aileen Chuang Global investors could triple their current holdings of yuan-denominated bonds, aided by Beijing’s recent enhancements to the Bond Connect scheme that helped ease two-way capital flows, according to the Asia Securities Industry and Financial Markets Association (Asifma). Their investments could reach about 10 per cent of the US$22 trillion market, according to Philippe Dirckx, managing director and head of fixed income at Asifma. They held 3 per cent or 4.35 trillion yuan (US$606 billion) of the... https://www.scmp.com/business/banking-finance/article/3317738/foreign-funds-seen-tripling-chinese-bond-holdings-bond-connect-tweaks-asifma-says?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3317738/foreign-funds-seen-tripling-chinese-bond-holdings-bond-connect-tweaks-asifma-says?utm_source=rss_feed Thu, 10 Jul 2025 11:30:07 +0000