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Topic: Hong Kong Monetary Authority

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	Hong Kong International Airport - About AA - Press Release - Hong Kong Monetary Authority ceases to be Airport ...
		Hong Kong International Airport - About AA - Press Release - Hong Kong Monetary Authority ceases to be Airport Authority's Arranger
		Hong Kong Monetary Authority ceases to be Airport Authority's Arranger
		(HONG KONG, 4 June 2001) - The Hong Kong Monetary Authoirty (HKMA), the Airport Authority (AA), the Hong Kong Mortgage Corporaton Limited, the Kowloon-Canton Railway Corporation and MTR Corporation Limited announced today that the HKMA will from 1 September cease to be the Arranger for the respective Note Issuance Programme of the four corporations.
	www.hongkongairport.com /eng/pr/ex_323.html (242 words)

	Hong Kong Monetary Authority (HKMA) announces the issue of a 2-year Exchange Fund Notes (EFN) to broaden investor base ...
		On the topic of Hong Kong's role as a financial platform for the Chinese mainland, Mr.
		The HKMA was established in 1993 by merging the Office of the Exchange Fund with the Office of the Commissioner of Banking.
		Reporting to Hong Kong¡¦s Financial Secretary, its main functions are governed by the Exchange Fund Ordinance and the Banking Ordinance of Hong Kong.
	banking.tdctrade.com /suc-e385.htm (839 words)

	The Development of Hong Kong's Monetary Base (tdctrade.com)
		Whatever the monetary policy objective might be, and in Hong Kong this is determined by the Financial Secretary on behalf of Government, achieving it requires a monetary management mechanism through which the responsible authority can exercise effective influence on the monetary base.
		Before that, the Monetary Base had been, for a long time, on the balance sheet of a commercial bank, which understandably would not necessarily put the achievement of the monetary policy objective, whatever that might be, ahead of its commercial interests.
		Although the Monetary Base and its control for achieving a monetary policy objective in Hong Kong are rather esoteric subjects, for those with an academic or professional interest in the monetary system of Hong Kong an awareness of this significant aspect of Hong Kong's monetary history is essential.
	www.tdctrade.com /econforum/hkma/hkma021002.htm (922 words)

	Hong Kong - MSN Encarta
		Hong Kong is bordered on the north by Guangdong Province and on the east, west, and south by the South China Sea.
		Hong Kong’s mainland portion consists of the urban area of Kowloon and a portion of the New Territories, a large area that became part of Hong Kong in 1898.
		Hong Kong is among the leading trading centers in the world, and shipping and trade continue to be important aspects of its economy.
	encarta.msn.com /encyclopedia_761561507/Hong_Kong.html (2129 words)

	Hong Kong dollar - Facts, Information, and Encyclopedia Reference article
		Currencies in Hong Kong are co-issued by the SAR Government and three local banks under the supervision of the territory's de facto central bank, the Hong Kong Monetary Authority.
		A further aim of allowing the Hong Kong Dollar to trade in a range is to avoid the HK dollar being used as a proxy for speculative bets on a Yuan (Renminbi) revaluation.
		The basic unit of the Hong Kong dollar is dollar (圓 for a formal form; 蚊 in colloquial spoken Cantonese, perhaps a transliteration of the first syllable of "money", but some suggests that the character is the corruption of 緡; also 元 for a less formal form).
	www.startsurfing.com /encyclopedia/h/o/n/Hong_Kong_dollar_2a8b.html (1523 words)

	Hong Kong Dollar and Hong Kong currency information including currency exchange rates
		The purpose for adopting this peg was to prevent the Hong Kong dollar from collapsing amidst a political row between China and the United Kingdom over the future of the city.
		The Chief executive of the Hong Kong Monetary Authority is Joseph Yam.
		Hong Kong placed a cap on its currency's exchange rate to the US dollar in May 2005, a move that sparked suspicions that China would soon revalue its currency.
	www.gocurrency.com /countries/hong_kong.htm (812 words)

	Comments on the Third Hong Kong Monetary Authority Distinguished Lecture given by Monsieur Jean-Claude Trichet
		When banks and corporates know that the exchange rate is floating, and may move in either direction, the incentive to borrow heavily overseas is sharply reduced - or at the least, the incentive to hedge the risks associated with overseas borrowing is greatly increased.
		Greater transparency can be expected to increase the quality of economic policy and public and private sector decision-making, to sharpen the effectiveness of market discipline and to reduce the tendency for herd behaviour in currency and bond markets.
		The development of international standards on transparency of fiscal, monetary and financial regulation policy by the IMF is a positive development in this context.
	www.rbnz.govt.nz /speeches/0078452.html (2944 words)

	Hong Kong Monetary Authority issues banking licenses to East West, Shinhan - Forbes.com
		HONG KONG (XFN-ASIA) - The Hong Kong Monetary Authority (HKMA) said it has issued a banking license to East West Bank of the US and a restricted license to Shinhan Bank of South Korea.
		The new licenses bring to 136 the number of licensed banks in Hong Kong, while the number of restricted banks will rise to 32, said the HKMA, Hong Kong's de facto central bank.
		East West is ranked as the 536th largest banking group in the world in terms of tier-1 capital, while Shinhan is South Korea's second-largest bank in terms of total assets.
	www.forbes.com /markets/feeds/afx/2006/08/02/afx2921315.html (358 words)

	Hong Kong Digital Vision :: Photoblog in Hong Kong
		His responsibility is to assist the Chief Executive of Hong Kong in overseeing policy formulation and implementation in financial, monetary, economic, trade and employment matters.
		DiGi Bi-weekly (DiGi數碼雙周) is the first Hong Kong digital magazine published by Chilli Media Limited since 2002, it claimed itself the No.1 in both circulation and readership among the same category.
		Nowaday, instead of hiking, Hong Kong people visit the graves of their ancestors in the cemetery.That's mean we have two days a lunar year to worship our ancestors and a day for family reunion.
	hkdigit.blogspot.com (2260 words)

	Hong Kong
		Bauhinia flower, which has been Hong Kong's emblem since 1965, appears as a part of the clear window.
		The flower, Bauhinia Blakeana, is named after Sir Henry Blake, Hong Kong Governor from 1898 to 1903, who had a strong interest in botany.
		It is sometimes called the Hong Kong orchid tree and appears on Hong Kong's flag.
	www.polymernotes.org /country_pages/hkg.htm (148 words)

	Hong Kong Monetary Authority publishes 2006 Annual Report
		The Hong Kong Monetary Authority (HKMA) published its Annual Report for 2006.
		Joseph Yam, Chief Executive of the HKMA, said in his statement in the Annual Report that the exchange and money markets had continued to be stable throughout the year despite record fund flows related to initial public offerings and speculation about the effect on the Hong Kong dollar of the renminbi's appreciation.
		Hong Kong enjoyed another year of robust economic growth in 2006, helped mainly by strong domestic demand, increases in trade with the Mainland and solid demand for Hong Kong's goods and services from its other major trading partners.
	www.hketosf.gov.hk /sf/ehk/ehongkong46/annual_report.htm (285 words)

	Hong Kong Monetary Authority cuts rates 0.5 point : report - MarketWatch
		HONG KONG (MarketWatch) -- The Hong Kong Monetary Authority Wednesday cut its interest rates by half a percentage point to 6.25% in the wake of a similar rate cut overnight by the U.S. Federal Reserve, according to a media report.
		Hong Kong, which pegs its currency to the U.S. dollar, generally follows any interest rate changes by the Fed.
		Intraday data provided by Comstock, a division of Interactive Data Corp. and subject to terms of use.
	www.marketwatch.com /news/story/hong-kong-monetary-authority-cuts/story.aspx?guid={3D5E2004-7F0B-4806-9C33-CCADAE6B8E6A}&siteid=rss (299 words)

	STB Systems-Asia Pacific - HKMA Compliance & Regulatory solutions
		with the second capital accord, or the forthcoming changes to Hong Kong Monetary Authority and Monetary Authority of Singapore reporting, as examples, and you might want to give STB a call now.
		These organizations, to execute their supervisory role, do not, of course, like to be kept waiting, and they want your numbers to be right first time.
		And full electronic outputs in appropriate formats such as STET to the HKMA are included so all figures may be output electronically for direct dispatch.
	www.stbsystems.com /compreg_asiapacific.htm (759 words)

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