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Hong Kong Dollar news

  
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Hong Kong Dollar Peg Doesn't Fit in Swiss Hole
The sudden death of the Swiss franc ceiling set off fears that other fixed exchange rates could be next. But Hong Kong's storied peg with the U.S. dollar is as solid as ever. Superficially, Hong Kong faces a similar situation to Switzerland. The Swiss ...
Hong Kong dollar stays at top end of bank despite HKMA attempts to sell it down
The Hong Kong dollar remains at the top end of the peg's trading band on Monday despite the late Friday sale of HK$14.88 billion by the city's de-facto central bank.
HKMA sells HK$14.88 bln to keep Hong Kong dollar in trading band  Reuters
UPDATE 1-HKMA sells HK$11.32 bln to keep Hong Kong dollar within its trading ...
The Hong Kong dollar is pegged at 7.8 to the U.S. dollar, but can trade between 7.75 and 7.85. Under the currency peg, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to keep the band intact. ($1 = 7.7500 Hong Kong dollars) ...
Hong Kong Defends Currency Peg for Second Day as Stocks Jump  Bloomberg
HKMA sells HK$6.975b to keep Hong Kong dollar within its trading band  Malay Mail Online
Sinosphere | Update: The Multimillion-Dollar Kidnapping Case in Hong Kong
The kidnapping case last month of Queenie Rosita Law, 29, granddaughter of the late textiles tycoon Law Ting-pong, has gripped Hong Kong, a city that, despite its low crime rate, has seen a number of sensational abductions over the years targeting some ...
China yuan edges up versus US dollar; Hong Kong dollar near top end of ...
Heng added that heavy fund flows from China to the Hong Kong stock market would force the Hong Kong Monetary Authority to keep intervening in the market to drive back the Hong Kong dollar from testing the upper of its trading band. The Hong Kong dollar ...
Hong Kong's Hang Seng ends firmer on fund inflow hopes  Reuters UK
China stocks fall on IPO concerns; Hong Kong also down  Reuters
Time to create new Chinese-Hong Kong dollar
The predictable removal of the Swiss Franc cap came as a surprise; the removal of the Hong Kong dollar peg would be simply gobsmacking.
HKMA sells HK$11.586 bln into market to keep Hong Kong dollar within trading ...
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into the currency market for a second time on Monday, selling an aggregate HK$11.586 billion ($1.49 billion) in Hong Kong dollars in New York trading hours as the local currency ...
Hong Kong firms, Chinese yuan moves up versus US dollar  South China Morning Post (subscription)
Hong Kong faces resistance with Beijing-backed election plan  Chron.com
Huatai Securities' $4.5 Billion IPO Makes Hong Kong Top Listing Venue
The latest in a string of Chinese brokerages selling shares to leverage investor demand for stocks benefiting from China's rally, Huatai sold 1.4 billion shares at 24.80 Hong Kong dollars (US$3.20) a share. That was at the top of its HK$20.68 to HK$24 ...
China Opens Door to $97 Billion of Fund Sales Through Hong Kong  Bloomberg
Hanergy says in 'good financial' position despite share plunge  BBC News
US dollar peg to remain, says HK chief executive
The Hong Kong dollar has been pegged to the US dollar when capital started to flow out prior to the handover of the special administrative region by the United Kingdom back to China in July 1997.
Hong Kong shares post best monthly gain for almost 6 years, with Shanghai ...  South China Morning Post (subscription)
Hong Kong feels drop in mainland tourists  CCTV
Hong Kong's Exchange Fund says net income rises in Q1 as forex losses offset ...
The HKMA manages the HK$3.22 trillion fund, which is used to defend the Hong Kong dollar. It invests the fund, which includes the government's fiscal reserves and other assets, in stocks, bonds, property and currencies.
Hong Kong Exchange Fund Q1 investment income at HK$6.6 bln - HKMA  Reuters
Exchange Fund gains despite forex losses  Hong Kong Standard