US Dollar ($) Hong Kong Dollar (HK$)(USDHKD) HEFFX Outlook - Live Trading News
FOREX HKD= is currently 0.0% above its 200-period moving average and is in an upward trend. Volatility is Our volume indicators reflect moderate flows of volume into HKD= (mildly bullish). Our trend forecasting oscillators are currently bullish on HKD ...altro »
Ex-Hong Kong Leader Tsang Jailed 20 Months for Misconduct - Bloomberg
The devout Roman Catholic won widespread praise for his stewardship of the economy during the Asian financial crisis, leading a $15 billion defense of the Hong Kong dollar. The ICAC is currently investigating whether outgoing Chief Executive Leung ...
BUDGET 2017: All is lost! Except a trillion dollar surplus - Harbour Times
But, that's not what Hong Kong Financial Secretaries do. Bear in mind that not one penny of the fiscal reserves are needed to defend the Hong Kong dollar's link to the US dollar. That is handled through interest rate movements (the currency board ...altro »
Nobody's Scared of Hong Kong's Mortgage War - Bloomberg
At least 10 banks, including HSBC, Standard Chartered Plc, Bank of China Hong Kong Ltd. and Hang Seng Bank Ltd., have cut their mortgage rates to a spread of 1.3 percent to 1.32 percent over Hibor, the city's interbank rate, the Hong Kong Economic ...altro »
Hong Kong banks' full year earnings results may be affected by ... - South China Morning Post
“We continue to be very bullish on Hong Kong banks given the moves in interest rates in the US dollar and Hong Kong dollar. We expect net interest margins to be on a multi-year upswing, which will help large Hong Kong banks do well,” Anil Agarwal, ...
Rallying Hong Kong stocks get more thrust from China funds - Nasdaq
[nL4N1E227Z] Also encouraging southbound flows is the opportunity to hedge against yuan depreciation, as the local Hong Kong dollar is pegged to the greenback. That, coupled with expectations for improved earnings and cheaper valuations, could keep ...
US dollar, Asia stocks track global losses on US uncertainty - Inquirer.net
HONG KONG—The dollar came under more pressure Friday and Asian markets saw fresh losses after Treasury Secretary Steven Mnuchin lowered US growth expectations and appeared to temper Donald Trump's belligerence toward China's currency policy.
Hong Kong Exchange Fund assets at HK$3.63 trln end-Dec - HKMA - Reuters
The rise in Hong Kong dollar assets was mainly due to additional placements from fiscal reserves, which was partly offset by withdrawals of placements by HKSAR government funds and statutory bodies and the fall in market value of Hong Kong equities.altro »
World's first Hello Kitty supermarket to open in Hong Kong ... - South China Morning Post
Cheng cited a stronger Hong Kong dollar fuelled by US interest rate increases, and a depreciation of the yuan, as factors further discouraging mainlanders from shopping in the city. Harsher trade policies anticipated between the US and China would also ...altro »
Mega events to tackle tourism decline - Arrivals projected to drop 2.2 ... - Hong Kong Standard (press release)
Tourism will stay in the doldrums, with numbers down 2.2 percent to about 55.3 million this year, the Tourism Board predicts. Amid an uncertain global economy and a strong Hong Kong dollar, the board said it will use extra funding from the government ...