Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
Questions about the peg -- under which the Hong Kong dollar is set at a narrow trading range of between 7.75 to 7.85 to one U.S. dollar -- aren't new. But they are growing amid fears that the ...
As an investor, I believe the dollar peg eliminates one of the most significant risks in investment: currency volatility. For a financial hub such as Hong Kong, where capital flows freely ...
China’s central bank chief Pan Gongsheng promised to park more of the country’s US$3.2 trillion foreign exchange reserves in Hong Kong ... dollar assets, including US treasuries, remain one ...
Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant ...
in one of the largest multi-currency offerings by a Hong Kong company. The Hong Kong government’s statutory body sold a three-tranche dollar bond that raised $4.15 billion. The 3.5-year ...
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index ...
The city’s currency is confined to a trading band of 7.75 to 7.85 per US dollar. The funding squeeze also has resulted in Hong Kong interest rates, which typically move in tandem with their US ...
With less than a week before leaving the White House, President Joe Biden on Wednesday again shielded Hong Kongers who stay ...
Hong Kong's consumer price inflation remained stable for the second straight month in December, data released by the Census and ...
When I told my family I was planning a trip to Hong Kong, they responded: "Why? Isn't Hong Kong similar to Singapore?" ...
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