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Hong Kong must turn Greater Bay Area integration challenges into opportunities
21 Apr 2024 01:22 GMT
… mainland residents poured into Hong Kong after the Individual … the downtrend. The strong Hong Kong dollar, being linked to the … visitors.
Given our strong currency, Hong Kong ought to devalue. But … The Hong Kong diaspora on the mainland will make Hong Kong more …
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Asia Ex-China And Europe Markets Rise; Gold Falls And Dollar Gains Amid Easing Middle East Conflict Fears - Global Markets Today While US Slept
22 Apr 2024 11:59 GMT
… , closing at 3,530.90.
Hong Kong’s Hang Seng Index gained … .73%.
Forex at 06:15 AM ET
The U.S. dollar index …
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Hong Kong’s homebuyers set aside high-rate concerns as they snap up Wheelock’s Park Seasons flats after discounts
20 Apr 2024 10:14 GMT
… The buoyant response underscored how Hong Kong’s property buyers had adapted … the city’s currency peg to the US dollar, in place … since 1983. The peg means that Hong Kong … jointly developed by Wheelock and Hong Kong’s subway operator MTR …
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US dollar’s global reserve currency dominance threatened by China’s Renminbi?
20 Apr 2024 05:08 GMT
… debt, China sees currency internationalization as a strategic … a catalyst for further currency internationalization.
Strategies
China … financial hubs such as Hong Kong.
Furthermore, China has … the global reserve currency.
While the dollar currently accounts …
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'Tremendous' currency pressure tests Asia bond investors
22 Apr 2024 01:36 GMT
HONG KONG -- The U.S. dollar's strength and bets … has remained weak against the dollar since it touched a 26 … . The headwinds are buffeting local currency debt investors, who often need …
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Mainland China and Hong Kong stocks fall on Middle East tensions
19 Apr 2024 06:15 GMT
Mainland China and Hong Kong stocks fell on Friday, tracking … currencies," said Christopher Wong, currency strategist at OCBC Bank.
** At … . ** Chinese H-shares listed in Hong Kong fell 1.19% to 5 … 7.2393 per U.S. dollar, 0.02% weaker than the …
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Gold’s Record-Setting Rally May Have Its Roots in Chinese Frenzy
24 Apr 2024 01:33 GMT
…
Given elevated rates and the dollar’s strength, that’s unlikely … gold.”
Samson Li, a Hong Kong-based analyst at Commodity Discovery … could be associated with the currency pressures,” said Ghali. “It … who see that their currency is depreciating and want …
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Asian shares rise on tech boost; yen on intervention watch
24 Apr 2024 03:15 GMT
… blue-chip index flat, while Hong Kong's Hang Seng Index … data.
The dollar index, which measures the U.S. currency against six … could raise the risk of dollar-selling intervention by Japanese … Japan last intervened in the currency market in 2022, first in …
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FTSE 100 today: London markets set to shine green, riding global upward momentum
24 Apr 2024 04:16 GMT
… 0.17 per cent, while Hong Kong’s Hang Seng Index saw … per cent increase.
In currency markets, the dollar index experienced a slight … at 154.79 per dollar. The Australian dollar strengthened against the US … dollar, climbing by 0.5 per …
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Asia Stocks to Rise as Tesla Buoys US Tech Giants: Markets Wrap
24 Apr 2024 01:32 GMT
… South Korea, while futures for Hong Kong pointed up. US futures … equities but weighed on the dollar and Treasury yields.
After … authorities to prop up the currency.
Earnings on Watch
Morgan … at 7.2597 per dollar
The Australian dollar was little changed …