Hong Kong Dollar

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

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.
Pirated copies of the shows are available in retail shops for 10 Hong Kong dollars (1.
Court documents show Yip Chi Hung, proprietor of a shop in the most blatant center for knockoff copies of computer programs, was given three two-month jail sentences and fined 51,000 Hong Kong dollars (about $6,500 U.
About 15%, 34% and 48% of the Group's bank borrowings are in US dollars, Singapore dollars and Hong Kong dollars respectively.
The rise in foreign currency assets was mainly due to valuation gains on foreign currency investments, purchases of foreign currencies with Hong Kong dollars and an increase in unsettled purchases of securities.
Birmingham International Holdings announced to the Hong Kong Stock Exchange that the 20 million Hong Kong dollars loan had been negotiated with a company called U-Continent Holdings Ltd.
said the Tuen Mun store had received extortion demands twice recently asking for 500,000 Hong Kong dollars (64,516 U.
Hong Kong will spend more than 10 million Hong Kong dollars (1.
eBay Hong Kong offers online trading in Chinese, with prices listed in Hong Kong dollars.
The rise in foreign currency assets was mainly due to valuation gains on foreign currency investments and purchases of foreign currencies with Hong Kong dollars.
In a statement released yesterday, Birmingham International Holdings Limited said it had sold 450 million shares worth 87 million Hong Kong Dollars.
The turnover significantly topped 10 billion Hong Kong dollars.

Full browser ?