Eddie Yue made the remarks amid recent strength in the Hong Kong dollar, which surged to a 3-1/2 year high against the U.S. currency last week, not far from testing the strong end of the system's ...

Investing.com -- S&P Global Ratings has assigned an ’A+’ issue rating to Alibaba (NYSE:BABA) Group Holding Ltd.’s proposed Hong Kong dollar-denominated senior unsecured exchangeable notes ...

Under Hong Kong's currency peg system, the Hong Kong Monetary Authority (HKMA) is obliged to intervene if the local dollar hits the upper or lower limit of its trading band between 7.7500 and 7. ...

The Hong Kong Monetary Authority (HKMA) took out HK$9.42 billion (S$1.5 billion) of the city’s currency from circulation after the exchange rate touched the weak end of its US dollar peg.

To be sure, there is no serious discussion about Hong Kong abandoning its current 7.75–7.85 fixed rate band to the US dollar anytime soon. But the Trump 2.0 era financial chaos is straining the ...

The Hong Kong dollar has tumbled over 1% from an early May high, when it touched the strong end of its 7.75-to-7.85 permitted range.

As Hong Kong's dollar rose toward 7.75 in early April, after Trump announced a raft of reciprocal tariffs, the monetary authority took steps to keep the currency stable.

HONG KONG/SHANGHAI, Jan 9 (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to ...

Investing.com -- S&P Global Ratings has assigned an ’A+’ issue rating to Alibaba (NYSE: BABA) Group Holding Ltd.’s proposed Hong Kong dollar-denominated senior unsecured exchangeable notes. The rating ...