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[1] Most papers sell at a cover price of HK$9-10, except South China Morning Post (HK$9, while the Sunday edition, Sunday Morning Post, costs HK$10). The economic recession brought about by SARS in 2003 led to some resellers pricing at $1 below the recommended price. According to the HK Newspaper Hawkers Association, the situation lasted ...
(Delisted) 3177.HK ComStage 1 DivDAX UCITS ETF – tracks the DivDAX Index (price index) 3188.HK ChinaAMC CSI 300 Index ETF - tracks the CSI 300 Index; 9072.HK Nikko AM Global Internet ETF-U – tracks the iEdge-Factset Global Internet Index; 82822.HK CSOP FTSE China A50 ETF - tracks the FTSE China A50 Index
These banks are required to have the same amount of US dollars to issue banknotes. The HKMA guarantees to exchange US dollars into Hong Kong dollars, or vice versa, at the rate of 7.80. When the market rate is below 7.80, the banks will convert US dollars for Hong Kong dollars from the HKMA; Hong Kong dollar supply will increase, and the market ...
Hong Kong's exchange rate regime has changed over time. 1967: Sterling was devalued, the peg was increased from 1 shilling 3 pence (£1 = HK$16) to 1 shilling 4½ pence (£1 = HK$14.5455). Valued in USD, the currency went from US$1 = HK$5.71 to US$1 = HK$6.06; 1972: pegged to the US dollar, US$1 = HK$5.65; 1973: US$1 = HK$5.085
The Legislative Council in Hong Kong most recently approved the revision on the SMW rate to increase to HK$37.5 per hour, effective 1 May 2019. [63] Although the total statistics for Hong Kong show declining poverty, child poverty increased .3 percentage points from 2017 to 2018, up to a total of 23.1%, as a result of larger households due to ...
The development of the Nicaragua Canal was the first project for HKND. The cost of the project is estimated to be US$40bn. [8] or US$50bn. [9]The Nicaraguan government approved the Master Concession Agreement with HKND on June 13, 2013, thereby granting the company "the sole rights to the HKND Group to plan, design, construct and thereafter to operate and manage the Nicaragua Grand Canal and ...
Black Saturday, 24 September 1983, is the name given to the crisis when the Hong Kong dollar exchange rate versus the United States dollar was at an all-time low. On that day, US$1 exchanged for HK$9.6. [1] For a period, Hong Kong stores began quoting products in US dollar prices, because of the uncertain fluctuation in domestic currency.
The following is a list of CNY exchange rates based on PPP, estimated according to the International Monetary Fund's World Economic Outloo wek (WEO) database from 2006–present. The exchange rate shown is Intl$. 1 to Chinese yuan (CNY).