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Hong Kong Dollar news

  
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Goldman Sees Hong Kong Dollar at Weak End of Band on Fed
The Hong Kong dollar's strength is likely to be short-lived, according to Goldman Sachs Group Inc. An interest-rate increase by the Federal Reserve as soon as next week will probably push the city's exchange rate to the weak end of its permitted band, ...
Hong Kong Dollar Forwards Surge to Highest Since 2010: Chart
Rising demand for the Hong Kong dollar has driven one-year forward contracts to the strongest level versus the greenback in five years.
Japanese and Australian shares jump more than 1% as dollar recovers
The carrier said it was raising 1.55 billion Hong Kong dollars ($255 million) from selling H-shares to American Airlines group, and will use the net proceeds for general working capital.
Hong Kong Slowdown Hits Chow Sang Sang
Group revenue slid 16% to $2.07 billion (HKD 16.09 billion) in 2016, according to a company statement. Sales in Hong Kong and Macau fell 23% to $1.11 billion (HKD 8.65 billion), with mainland China revenue slipping 4.6% to $944.9 million (HKD 7.34 ...
Nine more base rate rises by end of 2019, says HKMA
“While it is difficult to predict the precise pace of Hong Kong dollar interest rate normalisation, I would like to remind the public they should not underestimate the impact of higher interest rates on the serviceability of their debts, especially ...
Hong Kong stocks close week up 3pc on Fed-fuelled rally; China drops most in ...  TheStreet.com
Paul Chan cautions property buyers on interest rates cycle  Hong Kong Standard (press release)
Net-Nets From Hong Kong
H-shares are the Hong Kong-listed shares of Chinese companies. They fall under the jurisdiction of Chinese law but are denominated in Hong Kong dollars and are traded just like any other stock traded on the Hong Kong exchange. I recommend care with ...
RPT-Crackdown on UnionPay cards for Hong Kong property purchases  Nasdaq
Gaming stocks sparkle as Hong Kong stages rebound  Nikkei Asian Review
As art bonanza hits Hong Kong, China's capital controls loom large
Hong Kong is a key centre for art transactions due to the absence of tax and an independent currency which is pegged to the U.S.
As the 20th anniversary of the handover to China nears, Hong Kong artists ...  Quartz
Why Li Ka-Shing May Be Right Predicting Hong Kong Property Rally
The majority of the city's newly-approved mortgage rates are based on the Hong Kong dollar interbank rate, known as Hibor, according to a January statement from the Hong Kong Monetary Authority, the city's de facto central bank.
Cathay Pacific targets deep management cost cuts in Hong Kong after loss
The Hong Kong flag carrier earlier this week reported its first full-year loss since the 2008 global financial crisis, dragged down by overcapacity, a strong Hong Kong dollar and mounting competition from mainland Chinese rivals. "The outlook remains ...
Hong Kong's Cathay Pacific posts first annual loss since 2008, shares drop  CNBC
Cathay Pacific reports first annual loss in 8 years  Financial Times
Rate hike talk hits local dollar
The Hong Kong dollar once fell to 7.77 per US dollar yesterday, a nine-month low, against a strong US dollar amid high expectations of a rate hike by the Fed.