Hong Kong Monetary Authority: total deposits of authorized institutions remained unchanged in April. RMB deposits in Hong Kong rose by 4.9%.

[Hong Kong Monetary Authority: total deposits of authorized institutions did not change significantly in April. RMB deposits in Hong Kong rose 4.9%]. According to statistics released by the Hong Kong Monetary Authority, total deposits of authorized institutions remained unchanged in April 2023, with Hong Kong dollar deposits falling by 0.4% and foreign currency deposits rising by 0.5%. From the beginning of the year to the end of April, total deposits and Hong Kong dollar deposits increased by 0.6% and 2.1% respectively. Renminbi deposits in Hong Kong rose 4.9 per cent in April to 833 billion yuan at the end of April, mainly reflecting corporate capital flows.