Hong Kong dollar

Plastec Technologies Reports Fiscal 2020 First Half Financial Results; Announces Extension of Securities Repurchase Plan

Retrieved on: 
Thursday, August 20, 2020
Finance, Manufacturing, Other Manufacturing, Professional services, Chemicals, Plastics, Foreign exchange market, Currency, Fixed exchange rate, Hong Kong dollar

Plastec Technologies, Ltd. (OTCBB: PLTYF) (the Company) today reported unaudited financial results for the fiscal 2020 six-month period ended June 30, 2020.

Key Points: 
  • Plastec Technologies, Ltd. (OTCBB: PLTYF) (the Company) today reported unaudited financial results for the fiscal 2020 six-month period ended June 30, 2020.
  • All other amounts in this press release are presented in U.S. dollars (USD) with a conversion rate of US$1.0: HK$7.8.
  • $22.5 million in working capital at June 30, 2020, compared to $22.6 million at December 31, 2019.
  • Book value per share was $1.75 at June 30, 2020, compared to $1.76 at December 31, 2019.

CSOP USD Money Market ETF (Stock code:9096.HK) was rated “AAAf” by Fitch Ratings

Retrieved on: 
Friday, March 20, 2020
Professional services, Finance, Foreign exchange market, Currency, Finance, Fixed exchange rate, Hong Kong dollar, Exchange-traded funds

9096.HK, one of the CSOP money market ETFs has several features as the pioneer cash management tool in HK market.

Key Points: 
  • 9096.HK, one of the CSOP money market ETFs has several features as the pioneer cash management tool in HK market.
  • Ms. Melody He, Head of Business Development of CSOP commented, We are glad to see Fitch assigned 9096.HK with AAAf rating.
  • Besides 9096.HK, CSOP provides investors with diversified cash management tools denominated in HKD and RMB - CSOP HKD Money ETF (3035.HK) and CSOP RMB Money Market ETF (3122.HK).
  • The CSOP US Dollar Money Market ETF (the Fund) has been developed solely by CSOP Asset Management Limited.

Oak Stone Limited Reports On Tencent Backed Venture WeDoctor, As They Plan Future Hong Kong IPO

Retrieved on: 
Monday, March 2, 2020
Professional services, Finance, Companies, Foreign exchange market, Nanshan District, Shenzhen, RSS, Tencent, Hong Kong dollar

Hong Kong-based financial management company Oak Stone Limited , has commented on Tencent Holdings backed venture WeDoctor.

Key Points: 
  • Hong Kong-based financial management company Oak Stone Limited , has commented on Tencent Holdings backed venture WeDoctor.
  • WeDoctor suggested plans saying that they will be hiring a new CFO (Chief Financial Officer) to navigate their Hong Kong initial public offering, noted analysts from Oak Stone Limited .
  • Analysts from Oak Stone Limited have estimated that the healthcare industry in mainland china alone will be worth around 16 trillion yuan ($2.3 trillion U.S Dollars), commented James Burnley, Head of Wealth Management at Oak Stone Limited.
  • Oak Stone Limited was established in late 2014 within the financial heart of Hong Kong.

Plastec Technologies Reports 2019 First Half Financial Results; Announces Extension of Securities Repurchase Plan

Retrieved on: 
Monday, August 26, 2019
Professional services, Chemicals, Plastics, Manufacturing, Finance, Other Manufacturing, Foreign exchange market, Currency, Fixed exchange rate, Hong Kong dollar, Finance, Dividend

Plastec Technologies, Ltd. - (OTCBB: PLTYF), (the Company), today reported unaudited financial results for the fiscal 2019 six-month period ended June 30, 2019.

Key Points: 
  • Plastec Technologies, Ltd. - (OTCBB: PLTYF), (the Company), today reported unaudited financial results for the fiscal 2019 six-month period ended June 30, 2019.
  • See financial tables at the end of this release in Hong Kong dollars (HKD).
  • All other amounts in this press release are presented in U.S. dollars (USD) with a conversion rate of US$1.0: HK$7.8.
  • The special cash dividend was paid on or about June 28, 2019 to shareholders of record as of June 21, 2019.

Plastec Technologies Reports Fiscal 2018 Financial Results; Achievement of 2018 Performance Target

Retrieved on: 
Tuesday, April 16, 2019
Manufacturing, Chemicals, Plastics, Foreign exchange market, Currency, Fixed exchange rate, Hong Kong dollar, OTC Bulletin Board, Finance

Plastec Technologies, Ltd. - (OTCBB:PLTYF), (the Company), today reported audited financial results for the fiscal 2018 year ended December 31, 2018.

Key Points: 
  • Plastec Technologies, Ltd. - (OTCBB:PLTYF), (the Company), today reported audited financial results for the fiscal 2018 year ended December 31, 2018.
  • See financial tables at the end of this release in Hong Kong dollars (HKD).
  • $54.9 million in working capital at December 31, 2018, compared to $71.7 million at December 31, 2017.
  • Book value per share was $5.45 at December 31, 2018, compared to $7.62 at December 31, 2017.

Infamous 'Liberty Dollar' Is Back

Retrieved on: 
Thursday, March 14, 2019
Currency, Foreign exchange market, Economy, Liberty dollar, Dollar, United States dollar, Silver coin, Hong Kong dollar, Silver, Junk silver, Silver standard

Live Oak Liberty Dollars are available as paper Silver Certificates and digital eLD that can be used online and anywhere via a smartphone app.

Key Points: 
  • Live Oak Liberty Dollars are available as paper Silver Certificates and digital eLD that can be used online and anywhere via a smartphone app.
  • The new version of the Liberty Dollar is backed by pure .999 fine silver valued at $25 USD per ounce.
  • The new Liberty Dollar is based on a reasonable future valuation that gives Members and Merchants a greater trading value.
  • dollar."

HK Fintech Startup Going Global

Retrieved on: 
Wednesday, January 30, 2019
Foreign exchange market, Currency, Geography of China, Fixed exchange rate, Hong Kong dollar, Hong Kong

"We are Hong Kong based, but the plan was never to launch an app only for the Hong Kong market," explained Wyand.

Key Points: 
  • "We are Hong Kong based, but the plan was never to launch an app only for the Hong Kong market," explained Wyand.
  • With its soft launch in March 2018, the app already has more than 20,000 users in Hong Kong and has handled over HKD 6B[1] in transactions so far.
  • It's an app using bank-level security to allow people to bring together all their accounts and credit cards in one spot.
  • By giving valuable and detailed insights, gini is on a mission to empower people to take control over their finances.

Traiana Provides Central Clearing Connectivity to HKEX OTC Clear for FX Deliverables

Retrieved on: 
Thursday, January 24, 2019
Finance, Financial markets, Money, Futures exchanges, Hong Kong Exchanges and Clearing, Central counterparty clearing, Hong Kong dollar

HONG KONG, LONDON andNEW YORK, Jan. 23, 2019 /PRNewswire/ --Traiana,a leading infrastructure service which provides trade life-cycle and risk management solutions, today announcedthat it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing's OTC Clearing Hong Kong (OTC Clear).

Key Points: 
  • HONG KONG, LONDON andNEW YORK, Jan. 23, 2019 /PRNewswire/ --Traiana,a leading infrastructure service which provides trade life-cycle and risk management solutions, today announcedthat it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing's OTC Clearing Hong Kong (OTC Clear).
  • Market participants can now access HKEXs OTC Clear service to clear USD/CNH and USD/HKD FX forward and swaps, via Traiana's Clearing Hub (CCP Connect), which provides affirmation, matching and trade processing capabilities.
  • Existing Traiana clients and electronic trading venues can enable the HKEX clearing workflow as an add-on to their existing Traiana FX post-trade processing services.
  • "We are very happy to be working with Traiana," said Jacky Mak, Head of OTC and FIC Business Development in HKEX's Clearing Division.

Hong Kong Dollar Biggest Rally Since 2003 Says Asahi Marusan Management

Retrieved on: 
Friday, September 21, 2018
Foreign exchange market, Currency, Marusan Shōten, Hong Kong dollar, Economy

"The recent surge gives the impression that interest rates will continue to appreciate over the coming years" reported Scott Elliot, Head of Corporate Trading at Asahi Marusan Management .

Key Points: 
  • "The recent surge gives the impression that interest rates will continue to appreciate over the coming years" reported Scott Elliot, Head of Corporate Trading at Asahi Marusan Management .
  • The biggest banks in Hong Kong have been slowly raising their HKD dollar depost rates in the last twelve months by around 10 basis points on average each time.
  • "The long term growth of the Hong Kong Dollar will not sustain, it has too much exposure to the slowing Chinese economy" saidTimothy Grant, Senior Vice Presidentat Asahi Marusan Management .
  • Asahi Marusan Management is a private wealth management company that provides access to the global financial markets for both corporate and private clients.