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Hong Kong is set to allow banks from Qatar, the UAE and Liechtenstein to advise on industry issues in the city, a step that will enhance collaboration especially between Hong Kong and the Middle East. ....
Authorities in the Greater Bay Area are discussing an expanded Wealth Management Connect scheme that will allow investors to buy global equity products as well as increase their individual quotas, the HKMA chief says. ....
The Hong Kong Monetary Authority defends the local currency’s peg against the US dollar, following flight of capital from the Hong Kong dollar market after US rates rose to a 14-year high last week. ....