The Hong Kong Monetary Authority (HKMA) launched its so-called Real Time Gross Settlements System on December 9. The T+0 interbank payment system is expected to enhance money flows and settlement and clearing operations throughout Hong Kong's banking system and reduce systemic risks to banks and financial market participants.

The Stock Exchange of Hong Kong (SEHK) said it will distribute electronic versions of company news in both Chinese and English as of January 2. SEHK says the bilingual

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