HONG KONG, March 29 (Reuters) - Assets at the Exchange Fund, which is used to back the Hong Kong dollar, totalled HK$4,189.6 billion ($533.84 billion) at the end of February, the Hong Kong Monetary Authority (HKMA) said on Thursday.
more| 22 Mar 2018 04:56 | Bloomberg |
The Hong Kong dollar has never been so close to the weak end of its trading band against the greenback, and the Federal Reserve may have just given it a final push.
more| 19 Mar 2018 06:10 | South China Morning Post |
Hong Kong's dollar fell to its weakest level against the US dollar in 33 years on Monday as traders look ahead to this week's Federal Reserve interest rate meeting.
more| 21 Feb 2018 23:03 | Nikkei Asian Review |
Turnover on the stock exchange's main board was 66 billion Hong Kong dollars ($8.43 billion). In the mainland, the Shanghai Composite Index and its Shenzhen counterpart defied broad losses in the region, climbing 2% and 1.8%, respectively, as investors ...
more| 20 Oct 2017 05:52 | Project Syndicate |
Even China itself uses the renminbi in only about a quarter of its international trade, and its international finance remains dollar-denominated. China's blue-chip firms - Alibaba, Baidu, and Tencent - are listed in New York or Hong Kong, where they ...
more| 16 Aug 2017 05:30 | GlobalCapital |
Transport and tourism services provider Zhuhai Holdings Investment has sealed a successful return to the loan market through a bigger, HK$2bn ($255.7m) financing.
more| 16 Aug 2017 04:59 | U.S. News & World Report |
Hong Kong airline Cathay Pacific is reporting another loss as fierce competition from rivals took a further toll. The airline said Wednesday that it lost 2.1 billion Hong Kong dollars ($262 million) in the first six months of the year, compared with a ...
more| 25 Jun 2017 20:17 | South China Morning Post |
Analysts also expected Hong Kong's financial industry to receive a policy boost from Beijing before or after July 1, as the Chinese central government is likely to unveil supportive policies for Hong Kong to commemorate the 20th anniversary of the city ...
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