Articles by Alice Shen
HKMA chief Norman Chan to retire in October
Chan’s leadership saw HKMA gain stronger macro-prudential powers
Chinese lending hits all-time high in January
Total social financing reached roughly 240% of China’s GDP at end of month
PBoC issues 20 billion yuan of central bank bills in Hong Kong
Bills could help improve the yuan-denominated bond yield curve amid a lack of liquidity in the Dim Sum bonds market
Myanmar adds yuan and yen as trade-settlement currencies
Move comes as yuan use rises and dollar use falls, analysts say
IMF endorses Hong Kong’s tight macro-prudential measures
But risks to the outlook appear to be building, the fund says
PBoC denies that new liquidity tool is a ‘form of QE’
Central bank bills swap is essentially quantitative easing, says one analyst