| 09 Apr 2018 01:00 | Yahoo Finance |
How far China will crash Hong Kong's planned tech party depends, say bankers, on how it implements its rules for Chinese depositary receipts (CDRs) - which would allow investors in China to buy securities of companies already listed overseas.
more| 06 Apr 2018 04:33 | Bloomberg |
The Hong Kong dollar was little changed at 7.8489 versus the greenback Friday. Tencent Holdings Ltd. was the biggest contributor to gains on the Hang Seng Index, rising 2.1 percent to HK$405.80.
more| 26 Mar 2018 13:45 | Telegraph.co.uk |
Hong Kong is being forced to intervene to defend its currency peg and stem capital outflows, becoming the first global casualty of surging dollar Libor rates and US monetary tightening.
more| 14 Mar 2018 02:52 | Bloomberg |
Of late, there has been unnecessary and unhelpful chatter about Hong Kong's 35-year-old peg to the greenback being at risk. The speculation has arisen because U.S.
moreWhile cash levels in Hong Kong's interbank markets have come off peaks of more than HK$400 billion in 2015 as the U.S. Federal Reserve started raising borrowing costs, current levels of around HK$180 billion are still not low enough to put upward ...
more"It is probably a precautionary measure as low HIBORs may lead to complacency in the markets and also stoke speculation in the Hong Kong dollar," said Eugene Leow, a strategist with DBS Bank in Singapore. "The bill issuances are part of their open ...
moreThe U.S. currency has struggled this week as growing doubts over Trump's ability to push through with economic and tax policies triggered broad risk aversion and buffeted equities.
more| 20 Mar 2017 05:30 | Nikkei Asian Review |
Turnover on the stock exchange's main board reached almost 98 billion Hong Kong dollars ($12.6 billion), higher than the daily average in recent weeks.
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