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Hong Kong Dollar news

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Hong Kong shares fall to 2-mth low on economy worries, China hit by IPO wave
"People are worrying about whether the share price of Alibaba can be sustained at the high level," said Steven Leung, sales director at brokerage UOB Kay Hian in Hong Kong.
PRESS DIGEST - Hong Kong - Sept 22  Reuters
U.S. Stocks Decline as Small-Caps Tumble With Commodities  Bloomberg
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Russian hot money flows into Hong Kong after West slaps sanctions on Moscow
For example, Russian mobile operator Megafon has decided to convert 40 per cent of its cash, totalling US$1.3 billion on June 30, to Hong Kong dollars. Novatek, Russia's second-largest natural gas firm, is similarly converting US currency to Hong Kong ...
1ST LEAD Russians look to Hong Kong banks after sanctions from West By dpa ...  Europe Online Magazine
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Hong Kong Airlines poised for dual-currency IPO
The carrier's shares, to be offered in both renminbi and Hong Kong dollars, will make the US$500m deal something of a test of retail investors' faith in the Chinese currency, which has been dented this year by the renminbi's unexpected weakness.
Hong Kong Airlines to Apply for Dual-Currency Listing  Wall Street Journal
Hong Kong Airlines to boost IPO subscription with free flights  ch-aviation
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PRESS DIGEST-Hong Kong - Sept 19
... up to HK$1.8 billion ($232.2 million) in an initial public offering in Hong Kong with trading debut scheduled on Oct. 3. For Chinese newspapers, see............... (1 US dollar = 7.7510 Hong Kong dollar) (Reporting by Donny Kwok; Editing by Prateek ...
Henderson Land Development Co Ltd  Reuters
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The Rise of the Hong Kong Dollar
Thirty one years ago in the face of economic challenges, Hong Kong pegged its currency to the US dollar. Basically this means that when the American dollar rises or falls, so does their currency and when the Hong Kong dollar rises in value, they buy ...
Hong Kong dollar sukuk opens to strong momentum
... demand that the Republic of Indonesia received for its dollar sukuk offering last week. Books stood at $4bn on Wednesday afternoon.
Hong Kong Completes First Sale of Islamic Debt  Wall Street Journal
StanChart Sees China Opening on Hong Kong Debut: Islamic Finance  Bloomberg
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Hong Kong blue chips turn to US
While the strategy is not new, it highlights the ability of first-rate Hong Kong companies to take advantage of the deeper and more liquid US dollar market, particularly at a time when credit spreads there as well as absolute yield levels are at ...
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Hong Kong Airlines Said Ready to Apply for Dual-Currency IPO
The yuan has risen 2 percent from the low of 6.2676 per dollar reached on April 30. Chinese-currency deposits in Hong Kong stood at 925.9 billion yuan ($151 billion) at the end of June, up 33 percent from a year earlier, according to data from the Hong ...
HK's total deposit up 2.5 pct in July  Shanghai Daily (subscription)
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China's iPhone delay gives smugglers reason to cheer
"I kept refreshing. My F5 button almost broke." "I may give it to my sister. I don't need this urgently, so I may check the price with traders.
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PRESS DIGEST - Hong Kong - Sept 3
The founder of the Hong Kong Economic Journal, Lam Shan-muk, has sold all his remaining shares at a time when the publication's editorial independence is under question.
Yuan Takes Chinese Corporate Profits Down With It  Wall Street Journal
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