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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 ...
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 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.
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
Yen slide stokes Japan travel demand in HK
With the yen hitting an eight-year low against the US dollar, currency exchange shops in Hong Kong have seen a spurt in business this week.
Yuan tops payments with China, Hong Kong in Asia Pacific: SWIFT
Payments in yuan exchanged with China and Hong Kong within Asia Pacific increased by 327 per cent in April from three years ago, surpassing the Japanese yen, Hong Kong dollar, US dollar and Australian dollar. Most Asian countries have moved from ...
Beijing's Yuan Push Bears Fruit  Wall Street Journal
Hong Kong shares post best monthly gain for almost 6 years, with Shanghai also ...
Sheung said the Hong Kong market still had the potential to keep risings, thanks to abundant liquidity. The Hong Kong dollar has been touching the strong end against its trading band with the US dollar, suggesting that funds are still being parked in ...
Hong Kong feels drop in mainland tourists  CCTV
Less than half of Hong Kong backs govt electoral reforms  AsiaOne
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
Transaction volumes down but Hong Kong property pricing proves immune
Hong Kong interbank liquidity is now at a high level of HK$310 billion (compared with the average daily closing aggregate balance of HK$5.02 billion in the first eight months of 2008), and the exchange rate of the Hong Kong dollar is close to the ...
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.