Bank stocks in Hong Kong stocks rose intraday, Postal Savings Bank (01658.HK) rose more than 5%, Construction Bank (00939.HK), Agricultural Bank of China (601288.SH) rose nearly 4%, Industrial and Commercial Bank of China (01398.HK) rose more than 3%, Bank of Communications (03328.HK), Bank of China Hong Kong (02388.HK), Minsheng Bank (01988.HK) rose more than 2%.
HKMA today announced the establishment of the Ensemble Project Framework Working Group. It is reported that the working group is composed of cross-disciplinary industry representatives, covering regulators, international organizations, academia, local and multinational banks, key players in the digital asset industry and technology companies. Initial members include the HKMA, the Securities and Futures Commission, the Hong Kong Centre under the BIS Innovation Hub, the CBDC Expert Group and seven...