Press Releases

Hong Kong's Monetary and Banking Systems: Review and Outlook

The Hong Kong Monetary Authority (HKMA) today (7 July) published the second volume in its series "Hong Kong's Monetary and Banking Systems: Review and Outlook".

This book contains an extensive collection of articles and speeches, all of them in Chinese, drawn from a variety of recent HKMA publications and events. The topics are divided into the Currency Board System, the Asian Financial Crisis, Banking Policy and Supervision, Market Infrastructure Development and Hong Kong's Monetary Relations with the Mainland and the International Community. The subjects in the book cover the full range of the HKMA's work and responsibilities and the articles are intended to serve as a useful reference for researchers, students, market participants, and anyone with a general interest in monetary and banking affairs.

"We hope that through these various articles, the general public will be able to obtain a deeper understanding of Hong Kong's monetary system and operations and of the work of the HKMA generally," said Mr Joseph Yam, Chief Executive of the HKMA.

"We also look on this publication as a further demonstration of the HKMA's policy of transparency and of its determination to make its work accessible to a wider public," added Mr Yam.

Priced at HK$120, Volume Two of "Hong Kong's Monetary and Banking Systems: Review and Outlook" as well as other current HKMA publications, may be purchased at the Government Publications Centre, Queensway Government Office, Low Block, Ground Floor (Tel. : 2537 1910). For further enquiries, please contact the Resource Centre of the HKMA at 2878 8222.

Hong Kong Monetary Authority

7 July 1999