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Hong Kong Dollar news

  
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Stock market through train poses challenges to role of Hong Kong dollar
The first so-called through-train proposal for mainland investors to buy Hong Kong shares is remembered for helping drive a red-hot local share market through the 30,000 level in 2007 before state leaders applied the brakes amid concerns about currency ...
Hong Kong banks raise deposit rates to boost offshore yuan pool  Reuters
Asia Stocks Seesaw as China Trade Drops  ABC News
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USD/HKD eyes multi-year lows ahead of Hong Kong trade balance report
On the downside, USD/HKD is expected to find support around the lower trendline (currently at 7.7550) and then the neckline of the double top pattern which is sitting in around 7.7538.
Peninsula Hotels Stock: 50 Cent Dollar
Let's make this easy. You can buy Hong Kong Shanghai Hotels (OTC:HKSHF) for $2 billion. The stock is trading at $1.39 and has a net asset value of about $2.80.
Is the market reform a true 'win-win' for Shanghai and Hong Kong?
In the coming decades, the scheme may be more about the relationship between the yuan as the mainland's official currency and the Hong Kong dollar, a legacy of the city since its colonial days. In other words, the days for the Hong Kong dollar are ...
Hong Kong Banking Regulator Opens Inquiry Into Currency Manipulation
Last month, Hong Kong wrapped up its own investigation into interest rate rigging. The H.K.M.A. found that, after looking into nine banks active in the city, only UBS was determined to have tried to manipulate the benchmark Hong Kong dollar interbank ...
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Bets on appreciation no longer the driver of yuan deposits in Hong Kong
Hong Kong Monetary Authority executive director He Dong said yesterday that growth in yuan deposits in the city had instead mainly been driven by the interest rate difference between the yuan and the Hong Kong dollar, net yuan trade flow remittances ...
Hong Kong Searches for Million-Dollar Artwork That Got Trashed
To art circles, Hong Kong artist Cui Ruzhou's ink-washed "Snowy Mountain" is worth US $3.7 Million (22.9 Million Yuan) when it was recently auctioned off.
Painting may have been tossed in trash just after selling for millions  Los Angeles Times
Was a $3.7 Million Painting Taken Out With the Trash?  Wall Street Journal (blog)
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PRESS DIGEST -Hong Kong - March 25
... cost and the firm is set to cut up to another 5,000 this year, according to senior management. For Chinese newspapers, see............... ($1 = 6.1888 Chinese Yuan) ($1 = 7.7579 Hong Kong Dollars) (Reporting by Donny Kwok; Editing by Anupama ...
Hong Kong Shares May Plunge On Tuesday.  RTT News
HK stocks close 1.91 pct higher  Shanghai Daily (subscription)
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Hong Kong banks vie for edge in yuan deposits with high rates
It said the rate applied to those exchanging the Hong Kong dollar into yuan at the bank, but was limited to the daily conversion quota in Hong Kong of 20,000 yuan (HK$25,138) a day.
Yuan deposit war breaks out  Hong Kong Standard
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Use of patacas threatened by HKD and RMB, lawmaker says
Complaints made through the lawmakers' offices reveal that many shops and services demand payment in HKD. Furthermore, complainants argue that stores selling luxury products often display prices only in Hong Kong dollars, and at times ferry tickets ...