HONG KONG, June 17 | Mon Jun 17, 2013 1:53am EDT. HONG KONG, June 17 (Reuters) - Daily average trading volume of yuan in Hong Kong jumped to a record in May, exceeding the volumes of Hong Kong dollars for the first time ever, indicating the ...
According to the Hong Kong Monetary Authority the yuan has now overtaken the Hong Kong dollar in Hong Kong itself. Monday's edition of the Post quoted the boss of the HKMA, Norman Chan Tak-lam, proclaiming that in May the value of yuan interbank ...
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.3 percent to 84.05 HK dollars, while its local unit Hang Seng Bank closed 1.0 percent lower at 118.50 HK dollars. Bank of East Asia, another Hong Kong's major ...
HONG KONG, June 18 (Xinhua) -- The gold price in Hong Kong moved down 70 HK dollars to close at 12,850 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.
Mahmood recently showcased his talents at the launch of his 'million dollar suit' in Hong Kong. The suit is made of 22-carat gold stitching, a gold waistcoat and diamond-encrusted gold and diamond buttons.
HONG KONG, June 17 -- The gold price in Hong Kong went up 20 HK dollars to open at 12,920 HK dollars per tael on Monday, according to the Chinese Gold and Silver Exchange Society.
Today there is not much left of that policy, but there are two notable exceptions and they are two of the most important currencies in Southeast Asia, the Singapore dollar (FXSG) and the Hong Kong dollar. While their pegs are different in nature, both ...
Hong Kong should review its US dollar peg and consider linking its currency to the renminbi, according to Joseph Yam, former head of the Hong Kong Monetary Authority. Mr Yam, who ran Hong Kong's de facto central bank for 16 years until 2009, is the ...
The unit of tycoon Gordon Wu's blue-chip conglomerate Hopewell Holdings Ltd. had planned to sell 340 million shares in a range of 15.30 to 17.80 Hong Kong dollars (US$1.97 to US$2.29) each, and was scheduled to price the deal Wednesday before listing ...
InvestHK, the government agency that helps overseas firms locate in Hong Kong, set out the commercial case for the territory as a "springboard" to growth in south-east Asia at an event in Glasgow yesterday.
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