(Bloomberg) -- Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it’s not, like this year. The city’s currency has recently experienced wild swings, ...
Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fueling bearish bets against the local dollar. The one-month Hong Hong interbank ...
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As stablecoins grow, Hong Kong’s US dollar peg seen as advantage despite Web3 challenges
Stablecoin transactions are now a fifth of all cryptocurrency transactions, and they make it easier to transact in US dollar-backed assets The growing strength of stablecoins as a bridge between Web3 ...
Bond sales in Hong Kong dollars surged in the second quarter as issuers rushed to raise funds after currency interventions in the city drove down short-term borrowing costs to nearly zero. Hong Kong ...
HONG KONG, Jul 16, 2010 (AFP) - Agricultural Bank of China rose about 1.6 percent at its Hong Kong debut on Friday, in a closely watched dual listing that could become the world's largest share sale.
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