The Hong Kong Monetary Authority reported that total deposits with authorized institutions remained stable in June 2024, with Hong Kong dollar deposits increasing by 0.2% and foreign currency deposits decreasing by 0.1%. Over the first half of 2024, total deposits grew by 3.2% and Hong Kong dollar deposits by 1.1%. Renminbi deposits fell by 6.4% in June, reflecting corporate fund flows. Total loans and advances rose by 0.5% in June but decreased by 1.9% over the first half of 2024. Hong Kong dollar M2 and M3 increased by 0.2% in June and 1.5% year-on-year.
Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/07/20240731-8/