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Hong Kong Dollar news

  
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Major Breakout in USD/HKD Hints at Strong Upside Movement
US Dollar (USD) rose against the Hong Kong Dollar (HKD) on Wednesday, for the third day in a row, after completing the double top price pattern on the daily chart.
USD/HKD eyes multi-year lows ahead of Hong Kong trade balance report
On the downside, USD/HKD is expected to find support around the lower trendline (currently at 7.7550) and then the neckline of the double top pattern which is sitting in around 7.7538.
Hong Kong banks raise deposit rates to boost offshore yuan pool
In comparison, Hong Kong dollar deposits for the same period yield just a few basis points. A few blocks away, Bank of China Hong Kong, the clearing bank for all renminbi-related transactions in the city, is offering a return of 3.15 percent for three ...
Ming Dynasty "Chicken Cup" sells for record price of 281.2mln HKD  Xinhua
China Exchange Opening Puts Tencent In Shanghai Accounts  Bloomberg
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Is the market reform a true 'win-win' for Shanghai and Hong Kong?
In the coming decades, the scheme may be more about the relationship between the yuan as the mainland's official currency and the Hong Kong dollar, a legacy of the city since its colonial days. In other words, the days for the Hong Kong dollar are ...
HK stocks close 0.11 pct higher  Shanghai Daily (subscription)
Japan, China Data Lift Asian Shares  Wall Street Journal
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Speech by CE at Hong Kong dinner session of Boao Forum in Hainan
The negotiations between the two governments concluded with the Joint Declaration, which says, amongst other things, that "The Hong Kong dollar will continue to circulate and remain freely convertible". The Basic Law, which was promulgated six years ...
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Bets on appreciation no longer the driver of yuan deposits in Hong Kong
Hong Kong Monetary Authority executive director He Dong said yesterday that growth in yuan deposits in the city had instead mainly been driven by the interest rate difference between the yuan and the Hong Kong dollar, net yuan trade flow remittances ...
Hong Kong Banking Regulator Opens Inquiry Into Currency Manipulation
Last month, Hong Kong wrapped up its own investigation into interest rate rigging. The H.K.M.A. found that, after looking into nine banks active in the city, only UBS was determined to have tried to manipulate the benchmark Hong Kong dollar interbank ...
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Peninsula Hotels Stock: 50 Cent Dollar
Let's make this easy. You can buy Hong Kong Shanghai Hotels (OTC:HKSHF) for $2 billion. The stock is trading at $1.39 and has a net asset value of about $2.80.
Hong Kong Searches for Million-Dollar Artwork That Got Trashed
To art circles, Hong Kong artist Cui Ruzhou's ink-washed "Snowy Mountain" is worth US $3.7 Million (22.9 Million Yuan) when it was recently auctioned off.
​Trash & treasure: Hong Kong cops scour landfill for $3.7mn painting  RT (blog)
Painting may have been tossed in trash just after selling for millions  Los Angeles Times
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Hong Kong banks vie for edge in yuan deposits with high rates
It said the rate applied to those exchanging the Hong Kong dollar into yuan at the bank, but was limited to the daily conversion quota in Hong Kong of 20,000 yuan (HK$25,138) a day.
Yuan deposit war breaks out  Hong Kong Standard
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