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New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it ...
The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. Read more ...
Doubts about the dollar's supremacy present a unique opportunity to accelerate the yuan's internationalisation The third and ...
Heavy sales of the local dollar by the HKMA helped dampen ... strategist Stephen Chiu and Chunyu Zhang wrote in a note. The one-month Hong Kong Interbank Offered Rate fell to 3.66% on Tuesday ...
The Hong Kong dollar fell to a low of 7.8220 per dollar ... chief economist for Greater China at ANZ, said in a note. The overnight hibor, a key barometer of liquidity conditions, has been hovering at ...
The HKMA’s Hong Kong dollar sales “may help buffer potential liquidity tightness ... more room to run,” Citigroup strategist Adrienne Lui (雷智顏) wrote in a note. ‘SHORT TERM’: The local currency would ...
Hong Kong dollar strength will likely sustain for longer in 2025,” Raymond Yeung and Khoon Goh of Australia & New Zealand Banking Group wrote in a note, adding that “The influx of capital into the ...
A employee counts Hong Kong one-thousand-dollar banknotes at a Standard Chartered PLC bank branch in Hong Kong on Aug. 16, 2023. Photo: Lam Yik, Bloomberg The latest move by the HKMA came as a weaker ...
Goldman Sachs said in a note on Tuesday that investor clients ... A popular trade that involved buying cheap U.S. dollars in the Hong Kong dollar forwards market , known in markets as the gift ...
Goldman Sachs said in a note on Tuesday that investor clients ... A popular trade that involved buying cheap US dollars in the Hong Kong dollar forwards market, known in markets as the gift ...
Replacing the Hong Kong dollar with the yuan would not only benefit Hong Kong’s economic growth in the long run, but also help the city to better integrate with Greater China. It’s important ...
Shares of Chinese battery giant Contemporary Amperex Technology (CATL) surged as much as 3.43% on the Shenzhen Exchange on Monday, following its announcement to raise at least 31.01 billion Hong Kong ...