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  • 04:11
    Nov, 21
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Currency News

Ping An healthcare unit maps out plan for $1.1 bln Hong Kong IPO

23 Apr 2018 00:03Reuters
Ping An Healthcare, in which Ping An Insurance will hold 39.27 percent on completion of the global offering, delivers on-demand healthcare through its mobile platform, including online family doctors, healthcare and health mall services. more

Hong Kong dollar's peg to the greenback remains strong and valid

21 Apr 2018 20:30South China Morning Post
The recent fall in the value of the Hong Kong dollar to a 35-year low against the greenback made good headlines and perhaps alarmed a few panicky investors. more

Hong Kong Currency Defense Kills Fixed-Rate Mortgage Market

20 Apr 2018 02:27Bloomberg
Hong Kong interbank offered rates are likely to trend upward over the next six-to-twelve months, according to Gary Yau, emerging market strategist at Credit Agricole CIB in Hong Kong. more

Defending Hong Kong's Dollar Peg

19 Apr 2018 10:56Bloomberg
Opaque, Semi-Transparent, Transparent. Window. Color. Black, White, Red, Green, Blue, Yellow, Magenta, Cyan. Transparency. Transparent, Semi-Transparent, Opaque. more

Hong Kong steps in to support currency for fifth time

16 Apr 2018 03:14Financial Times
Hong Kong has taken action to support the local currency for the fifth time in less than a week, after the Hong Kong dollar repeatedly slumped to the low end of its permitted trading band. The Hong Kong Monetary Authority said it had used its reserves ... more

Hong Kong stocks fall amid concerns over weak local dollar, US-China trade war

15 Apr 2018 20:38South China Morning Post
“Market sentiment is being hit by the HKMA's need to intervene in the market, and by the unstable geopolitical and trade environment,” said Stanley Chan, director of research at Hong Kong-based Emperor Securities. more

Hong Kong stocks end best week in 2 months as trade tensions fade

13 Apr 2018 05:18Nikkei Asian Review
"The lack of speculative pressures from external investors means this process will be slow and gradual." They said the Hong Kong dollar is likely to stay at 7.85 "until loan growth improves." United Company Rusal lost 56% of its market value this week ... more

FOREX-Dollar nears 1-1/2 mth high vs yen as US yields climb

12 Apr 2018 23:07Reuters
Dollar index snaps 4-day losing streak. * Treasury yields elevated as equities gain, supporting dollar. * Singapore tightens policy, Hong Kong intervenes to stop HK$ fall (Adds details and quotes, updates prices). By Shinichi Saoshiro. TOKYO, April 13 ... more
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