HSBC Hong Kong has joined China’s international payments system as a direct participant, giving the world’s biggest player in trade finance a key role in Beijing’s push to expand use of the renminbi.

HONG KONG, Oct 25 (Reuters) - HSBC's (HSBA.L), opens new tab Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a ...

The People's Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in participating in the Cross-Border Interbank Payment System (CIPS) for the Chinese ...

HSBC Hong Kong announced it will formally join China’s Cross-Border Interbank Payment System (Cips). London-based HSBC is one of the world’s largest banking and financial institutions. It was founded ...

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China's 2024 Zhuhai Air Show saw the unveiling of the J-35A stealth fighter, marking a significant leap in the nation's military capabilities. The J-35A, designed for air superiority and strike ...

The bank’s Hong Kong unit is “formally joining” China’s Cross-Border Interbank Payment System, known as Cips, David Liao, co-chief executive of the bank’s business in the Chinese ...

HONG KONG - HSBC's Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a company statement. Beijing is pushing to ...