Hong Kong Dollar

(redirected from Hong Kong Dollars)
Also found in: Dictionary, Thesaurus, Acronyms, Wikipedia.

Hong Kong Dollar

The currency of Hong Kong, a special administrative region of China. It was first issued in the 1860s and, for a number of years, circulated in Hong Kong along with several other currencies. From 1963 to 1935, it was pegged to silver. It then adopted a crawling peg to the British pound, which continued until the yen was introduced during Japanese occupation in World War II. The dollar and the peg to the pound were reintroduced after the war, but the peg was eventually changed to the U.S. dollar. It began to float in 1974, but readopted the U.S. dollar peg in 1983. It is an important currency because of Hong Kong's position as an international trade center.
References in periodicals archive ?
4million Hong Kong dollars (PS2million) investment the future Blues boss had made in a VIP room in Macau's Neptune casino in January 2005.
Oasis launched in October 2006, offering one-way Hong Kong to London pre-tax fares of 1,000 Hong Kong dollars (128 US).
Kwok Po, a wholesaler of pirated software on compact discs who supplied Yip with the illegal copies, was given jail sentences amounting to 16 months, all to run concurrently, and fined 308,000 Hong Kong dollars.
The announcement said Mr Ma would be paid 600,000 Hong Kong dollars (around PS50,000) for arranging the loan through his company Splux.
eBay Hong Kong offers online trading in Chinese, with prices listed in Hong Kong dollars.
The turnover significantly topped 10 billion Hong Kong dollars.
This addition reflects market demand for broadly accessible information about swap rates in Hong Kong dollars," said Robert Pickel, Executive Director and CEO of ISDA.
In a statement released yesterday, Birmingham International Holdings Limited said it had sold 450 million shares worth 87 million Hong Kong Dollars.
Recently released financial statements show that for the fiscal year ending December 31, 2000, the company earned in excess of 110 Million Hong Kong Dollars (approximately $14 Million U.
HONG KONG, March 10 Kyodo Cathay Pacific said Wednesday it has posted a loss of 542 million Hong Kong dollars (69.
8 billion Hong Kong dollars for the first nine months of last year.
The amount of investment will be approximately 33 million Hong Kong dollars (about 500 million yen) in Computech.

Full browser ?