Finance and Treasury Update: USD/HKD weakened to 7.8421/8429. USD/CNY rose to 6.7111/7116. The one-year non-deliverable RMB forward contract was quoted at 6.5264/5362, a discount of 1,801 pips to the spot rate.
| | Previous Day (23rd) Closing
(%) |
|---|
| Overnight | 2.3400 |
| One Week | 2.4200 |
| Two Weeks | 2.8200 |
| One Month | 2.8900 |
| Two Months | 3.0400 |
| Three Months | 3.1200 |
| Six Months | 3.4800 |
| One Year | 3.9100 |
* Source: Hong Kong Association of Banks
List of HKD Prime Rates from Various Banks:
| Bank | Latest HKD Prime Rate (per mille) |
|---|
| Bank of China (Hong Kong)/Hang Seng/HSBC | 5.0 |
|---|
| Bank of East Asia/CMB Wing Lung/Dah Sing/ICBC (Asia)/SCE/Standard Chartered/Bocom | 5.25 |
|---|
| Fubon/CCB | 5.375 |
|---|
China CITIC Bank International/Chiyu/C&CB/Citi/
DBS/NCB/DBS Digital Banking: Airstar/PAObank | 5.55 |
|---|
| OCBC | 5.75 |
|---|
| Digital Banking: ZA Bank | 6.375 |
|---|
| | 09:30 | Previous Day (23rd) Closing |
|---|
| USD/HKD | 7.8421/29 | 7.8420/49 |
(kc)
