Renminbi deposits in Hong Kong up in November

There was a 1.4% increase while Hong Kong dollar deposits jumped by 0.4%.

A report by the Information Services Department said the total remittance of the renminbi for cross-border trade settlement amounted to RMB184.99 billion, compared to RMB161.46 billion in October.

Total loans and advances grew 1.2%, according to the report. Total deposits with authorised institutions increased 0.8% in November while foreign-currency deposits climbed 1.3%.

View the report here.