Banks in Hong Kong borrowed HK$1.25 billion from the Hong Kong Monetary Authority via the discount window, the first instance in the Year of the Snake.

Following this, the total banking system's balance fell to HK$44.6 billion on Wednesday.

The Hong Kong dollar saw larger fluctuation in its exchange rate after the Trump Administration’s additional 10 percent tariff on Chinese goods took effect.

Hong Kong Interbank Offered Rates rebounded to a level of nearly 4 percent on Tuesday.

Halloween's Effect on the Economy

Halloween's Effect on the Economy

Libor Rate History Compared to Fed Funds Rate

Libor Rate History Compared to Fed Funds Rate

Hong Kong stocks set record high opener for 2025

Hong Kong stocks set record high opener for 2025

Chinese chipmakers seen safe from dangers looming over Asian tech stocks

Chinese chipmakers seen safe from dangers looming over Asian tech stocks

EU to tighten checks on cheap products from sites like Temu and Shein

EU to tighten checks on cheap products from sites like Temu and Shein

Tariff exemption on Chinese goods under US$800 scrapped

Tariff exemption on Chinese goods under US$800 scrapped

XPeng boss optimistic about EV output and autonomous driving

XPeng boss optimistic about EV output and autonomous driving

70pc of Hongkongers dread rising living costs

70pc of Hongkongers dread rising living costs

200 family offices target will be met, says Hui

200 family offices target will be met, says Hui

Ditch investment visa home curbs, urges Midland boss

Ditch investment visa home curbs, urges Midland boss

Alibaba names AI scientist Steven Hoi group vice president

Alibaba names AI scientist Steven Hoi group vice president

Elon Musk says he is not interested in buying TikTok

Elon Musk says he is not interested in buying TikTok