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Hong Kong Dollar news

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Hong Kong banks raise deposit rates to boost offshore yuan pool
In comparison, Hong Kong dollar deposits for the same period yield just a few basis points. A few blocks away, Bank of China Hong Kong, the clearing bank for all renminbi-related transactions in the city, is offering a return of 3.15 percent for three ...
Ming Dynasty "Chicken Cup" sells for record price of 281.2mln HKD  Xinhua
China Exchange Opening Puts Tencent In Shanghai Accounts  Bloomberg
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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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Progressive policies allow Singapore to surpass Hong Kong
Our competitiveness is due largely to low and stagnant wages, long working hours and an artificially undervalued Hong Kong dollar, which reduces wage earners' purchasing power and savings. Another factor is the lack of taxation; even Singapore and ...
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.
Hong Kong banks have loaned 165% of the territory's GDP to China
That extra cash comes from borrowing dollars from Hong Kong banks at low rates, which traders swap for yuan. Instead of holding those in low-yielding Chinese bank accounts, many traders invest in shadow finance products, particularly in trust loan ...
CORRECTED-UPDATE 1-Hong Kong's soaring bank exposure to China sparks ...  Reuters
Hong Kong's soaring bank exposure to China sparks credit concerns  Chicago Tribune
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Major Breakout in USD/HKD Hints at Strong Upside Movement
US Dollar (USD) rose against the Hong Kong Dollar (HKD) on Wednesday, for the third day in a row, after completing the double top price pattern on the daily chart.
Speech by CE at Hong Kong dinner session of Boao Forum in Hainan
The negotiations between the two governments concluded with the Joint Declaration, which says, amongst other things, that "The Hong Kong dollar will continue to circulate and remain freely convertible". The Basic Law, which was promulgated six years ...
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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 ...
HK stocks close 0.11 pct higher  Shanghai Daily (subscription)
Asia markets recap: China liquidity worries  MarketWatch (blog)
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US slaps tax on bitcoin as IRS deems it to be 'property'
He said although the Hong Kong currency was pegged to the US dollar, its tax regime was more favourable to investors with a lack of "stringent" tax policies, enabling bitcoins and other innovations to realise their potential.
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