| 23 Apr 2018 23:18 | South China Morning Post |
At the root of the Hong Kong dollar's recent weakness is a tightening of US dollar funding conditions that has worked in the greenback's favour.
more“When the gap between Hong Kong and the U.S. interest rate continues to widen, (the) Hong Kong dollar will weaken towards 7.85 (against USD),” said Hong Kong Monetary Authority (HKMA) acting chief executive Eddie Yue.
more| 10 Apr 2017 16:56 | NextShark |
It is worth noting that while China has multiple billion-dollar startups, Hong Kong has yet to birth its own. If Tink Labs reaches its target valuation, the company will be the first unicorn startup in Hong Kong. Tink Labs has installed 120,000 ...
more| 12 Dec 2016 11:00 | Bloomberg |
In January, the Hong Kong dollar plunged to an eight-year low as fears of a yuan devaluation roiled global markets. Goldman Sachs Group Inc. warned in September that the next rate hike by the Fed -- widely expected to occur this week -- will push the ...
more| 14 Jan 2016 21:07 | Bloomberg |
“The fall in Chinese stocks is reverberating to the Hong Kong dollar,” said Khoon Goh, a senior currency strategist at Australia New Zealand Banking Group Ltd.
more| 10 Aug 2015 19:01 | South China Morning Post (subscription) |
... Hong Kong dollar is trading Tuesday at 7.7543 to the US dollar, near upper end of the currency peg. Euro/dlr weaker by 0.32 per cent at 1.0984.
more| 11 Jun 2015 14:07 | South China Morning Post (subscription) |
"The Hong Kong dollar is pegged against the US dollar. As the US dollar has strengthened against most major currencies such as the Australian dollar [and] the Japanese yen, so too has the Hong Kong dollar," Lee said. "It also reflects the fact that ...
more| 14 Apr 2015 03:26 | Seeking Alpha |
Hong Kong's market is one global market that doesn't need currency-hedged ETFs as it has been de facto denominated in U.S.
more