Currency Hong Kong Latest Information

Currency Hong Kong Latest Information

China's 2012 Gold Imports From Hong Kong Reflect 'Growing Appetite' For Gold
(Kitco News) ? Chinese gold imports from Hong Kong declined sharply in December from the record levels of November, but nevertheless full-year data reflect a continuing trend toward rising demand from the country, analysts said. China does not publish official gold-trade data, so analysts monitor imports to mainland China from Hong Kong as a proxy. ...

Hong Kong Homes Face 25% Drop in Year of the Dragon: Mortgages
The Year of the Dragon, representing wealth and power in China, is shaping up to be the opposite for the world’s costliest housing market, Hong Kong.

Hong Kong says economy slowed in 2011
Hong Kong's economic growth fell further in the final quarter of 2011 as global trade weakened, and the government forecast an anemic expansion this year.The economy expanded by 3 percent in the three ...

Hong Kong to get first yuan-denominated gold ETF
HONG KONG (MarketWatch) -- Hong Kong's stock market plans to host its first yuan-denominated exchange-traded fund tracking bullion prices next month, the second yuan-denominated security to trade on the city's bourse. The ETF, to be listed on Feb. 14 under the stock code 83168, will track the London gold fixing price. Providers of the fund, Hang Seng Bank Ltd. , said it launched the product with ...

Standard Chartered’s Bindra Sees Hong Kong Hyperinflation Risk
The U.S. Federal Reserve’s pledge to keep interest rates low through at least late 2014 creates a risk of hyperinflation in Hong Kong, said Jaspal Bindra, Standard Chartered Plc’s chief executive officer for Asia.

Standard Chartered Sees Hyperinflation Risk for Hong Kong
The U.S. Federal Reserve’s pledge to keep interest rates low through at least late 2014 creates a risk of hyperinflation in Hong Kong, said Jaspal Bindra, Standard Chartered Plc’s chief executive officer for Asia.

Hong Kong Mortgage Rates To Stay Low, Citi Says
Hong Kong developers should benefit from changing expectations on the interest-rate outlook, as an extended period of ultra-cheap money now appears more likely after the U.S. Federal Reserve forecast low rates through late 2014, Citigroup said Friday.

Hong Kong economy slowed in 2011
Hong Kong's economic growth fell further in the final quarter of 2011 as global trade weakened.

Hong Kong Relaxes Lenders’ Yuan Capital Rules as Costs Surge
The Hong Kong Monetary Authority, seeking to promote the city as China’s main offshore currency center, relaxed yuan capital requirements for local banks following a jump in funding costs for the currency.

Britain, Hong Kong unveil steps to develop London into trading centre for China's currency
HONG KONG - British and Hong Kong leaders unveiled steps on Monday aimed at developing London into an international trading centre for China's currency.

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