{Finance Brief} USD/HKD rises to 7.8444/73. USD/CNY weakens to 6.7030/7037. The one-year non-deliverable RMB contract is quoted at 6.5146/5246, a discount of 1838 pips compared to spot.
| | Previous day's (29th) closing
(%) |
|---|
| Overnight | 2.8500 |
| One week | 3.2800 |
| Two weeks | 3.0600 |
| One month | 3.0200 |
| Two months | 3.1400 |
| Three months | 3.2400 |
| Six months | 3.5300 |
| One year | 4.0000 |
* Source: Hong Kong Association of Banks
List of HKD prime rates of major banks:
| Bank | Latest HKD Prime Rate (bps) |
|---|
| Bank of China (Hong Kong)/Hang Seng/HSBC | 5.0 |
|---|
Bank of Communications / East Asia / Industrial Bank International / Chiyu / Chong Hing / Citibank / China Merchants Yung On /
Dah Sing / ICBC Asia / Nanyang Commercial /大众/ Shanghai Commercial / Standard Chartered;
Virtual banks: ZA Bank / Ping An Digital | 5.25 |
|---|
| China Construction Bank / DBS / Fubon | 5.375 |
|---|
| OCBC / Ant Bank | 5.5 |
|---|
| Virtual bank: ZA Bank | 6.375 |
|---|
| | 09:30 | Previous day (29th) closing |
|---|
| USD/HKD | 7.8444/73 | 7.8447/55 |
(kc)
