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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 ...
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 ...
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
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
Hong Kong stock rally won't really ease economy's pains
Hong Kong's stock market stellar rally will help the wider economy less than one might expect. A study by Hang Seng Bank found that for every dollar an investor makes in the market their consumption spending rises only one cent in the same quarter.
Hong Kong visitor numbers slump further ahead of Labour Day holiday
Retailers hope to reverse months of declining sales, which have been blamed on the strong Hong Kong dollar, rising anti-mainland sentiment and Beijing's crackdown on graft and conspicuous consumption.
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
PRESS DIGEST - Hong Kong - May 5
Hong Kong travel agencies are no longer hiring new staff due to rising operational costs and a strong Hong Kong dollar, Travel Industry Council chairman Michael Wu Siu-ying said.