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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 rate will climb back to 7.80.
As of April 2019, the Hong Kong dollar was the ninth-most traded currency in the world. [4] Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau.
The Chinese Gold and Silver Exchange Society (CGSE; 金銀業貿易場) is an organisation of gold trading firms in Hong Kong who are participants of the Chinese Gold and Silver Exchange, the first exchange in Hong Kong. [1] The Chinese Gold and Silver Exchange was established in 1910 and has a history of more than 110 years.
Standard Chartered Bank (Hong Kong) series $20: Hong Kong 1850s picture: Chiwen: $50: Hong Kong 1890s picture: Bixi: $100: Hong Kong 1930s picture: Qilin: $500: Hong Kong 1970s picture: Fenghuang: $1,000: Hong Kong 2000s picture: Chinese dragon Government of the Hong Kong Special Administrative Region series $10 (paper) Geometric design: Horse
Hong Kong won its first medal and first gold medal at the 1996 Summer Olympics, its second gold medal at the 2020 Summer Olympics, and its third and fourth gold medals at the 2024 Summer Olympics. It has also won eight other medals: three silvers and six bronzes.
Edgar Cheung Ka Long SBS (Chinese: 張家朗; Jyutping: zoeng1 gaa1 long5; born 10 June 1997) is a Hong Kong left-handed foil fencer, two-time Olympic champion and two-time individual Asian champion, having won the gold medal at the 2020 [1] and 2024 Summer Olympics.
During the 1997 Asian financial crisis, currency speculators sold the Hong Kong dollar heavily and shorted local stocks and Hang Seng Index futures. The government controversially used the exchange fund to acquire HK$120 billion ( US$15 billion) worth of blue-chip shares in a two-week market intervention, beginning 12 August 1998 with the aim ...
Hong Kong at the 2020 Summer Olympics; IOC code: HKG: NOC: Sports Federation and Olympic Committee of Hong Kong, China: Website: www.hkolympic.org (in Chinese and English) in Tokyo, Japan July 23, 2021 () – August 8, 2021 () Competitors: 46 in 13 sports: Flag bearers (opening) Tse Ying Suet Cheung Ka Long: Flag bearer (closing) Grace Lau