Help | Sitemap | Archive | Advanced Search | Mirror in USA   
  CHINA
  BUSINESS
  OPINION
  WORLD
  SCI-EDU
  SPORTS
  LIFE
  FEATURES
  PHOTO GALLERY

Message Board
Feedback
Voice of Readers
China Quiz
 China At a Glance
 Constitution of the PRC
 State Organs of the PRC
 CPC and State Leaders
 Chinese President Jiang Zemin
 White Papers of Chinese Government
 Selected Works of Deng Xiaoping
 English Websites in China
Help
About Us
SiteMap
Employment

U.S. Mirror
Japan Mirror
Tech-Net Mirror
Edu-Net Mirro


 
Business  

HK's Deposits Increase as Loans Decline in February

Hong Kong's total deposits increased, while total loans and advances decreased in February, according to statistics published Friday by the Hong Kong Monetary Authority. The figures show that the total deposits increased moderately by 0.4 percent in February, following a decline of 0.7 percent in the preceding month.

As Hong Kong dollar deposits decreased and foreign currency deposits rose, the share of Hong Kong dollar deposits in total deposits dropped slightly from 55.2 percent in January to 54.7 percent in February.

Hong Kong dollar M1 increased by 1.1 percent in February, as the rise in demand deposits more than offset the decline in currency held by the public. Meanwhile, both Hong Kong dollar M2 and M3 declined moderately by 0.7 percent during the month.




In This Section
 

Hong Kong's total deposits increased, while total loans and advances decreased in February, according to statistics published Friday by the Hong Kong Monetary Authority. The figures show that the total deposits increased moderately by 0.4 percent in February, following a decline of 0.7 percent in the preceding month.

Advanced Search


 


 


Copyright by People's Daily Online, all right reserved