The hong kong story permanent exhibition is a showcase of the dedicated hard work done by the museum staff in the past years in collecting, preserving and researching the history and development of hong kong. A lot of people outside of hong kong call the city a concrete jungle, but actually about 70% of land in hong kongs territories are country parks. The content in this website including but not limited to the benchmarks administrated by the treasury markets association tma and reference rates made available by the tma collectively the rates are provided with delays for general information purposes only. I read this a couple of years ago and thought it was pretty good. Find the top 100 most popular items in amazon books best sellers. Cny hibor investment bank of china hong kong limited. It is a vibrant cultural and financial center of chinese society. The history of hong kongs victoria harbour discovery. By viewing andor downloading the hkd interest settlement rates, you implicitly accept this disclaimer and agree to its terms. A modern history of hong kong my perception is that there arent many good indepth histories of hk in english. Discover historical prices for cny,hibor stock on yahoo finance. Incorrect book the list contains an incorrect book please specify the title of the book. Hong kong interbank offered rate is the annualized rate charged for interbank lending on hong kong dollar hkd denominated instruments, for a specified.
For specification of hkd interest settlement rates, please click here. In particular, the negative spread from september 2003 to may 2005 appears to have been % p. Hong kong authorities broaden investigation into possible hibor misuse hibor is the benchmark rate used for loans between banks swiss bank. Includes the rules by which the hkab hkd interest settlement rates are fixed, and has available both the latest and historical rates. Citibank hong kong limited reserves the right of the final approval of all loan applications. The hong kong interbank offered rate hibor or the shortterm borrowing cost of funds between commercial banks has been declining. The region of hong kong has been inhabited since the old stone age, later becoming part of the chinese empire with its loose incorporation into the qin dynasty 221206 bc. Competitive mortgage rate with choice of fixed rate period. The approach seems balanced, and it is obvious when in a few places tsang takes positions which he realises are disputed. History of modern hong kong started at the beginning of xix century. Enjoy the hone kong interbank offered rate hibor as the base rate that closely tracks the money market. Discounts are available for commercial purchase by local and overseas bookshops and bookdealers, please call 852 2724 9076 or fax to 852 2724 9090 or.
Applicable to account with daily closing balance of hkd3,000 or above. Enter the address to estimate the propertys market value with our tool. Chart 1 movements of hong kong and us interest rates 3month hibor 3month libor. Hong kong three month interbank rate 19822020 data. The hkd interest settlement rates are published daily within this section. Find out hong kong interbank offered rate quoted by hang seng bank.
The territory is thought to have come into the fold of the chinese. Hibor is a medicine available in a number of countries worldwide. Enter your mobile number or email address below and well send you a link to download the free kindle app. This hibor quoted by hang seng bank limited is not necessarily the same as hkd interest settlement rates published by the hong kong association of banks. Individual tiered deposit rate applies to corresponding range of.
Buy a history of hong kong 2rev ed by frank welsh isbn. Hibor is actually the rate through which the banks in hong kong deal with each other in the inter bank market. A modern history of hong kong is clearly written and easily read. Hibor based mortgage plan best home loans citi hong kong. Hong kong is undoubtedly one of historys greatest examples of big things coming from small beginnings. Then you can start reading kindle books on your smartphone, tablet, or computer no kindle device required. For further details of terms and conditions applying to any. The benchmark fixing for the hkab hkd interest settlement rates is the estimated offer rate at which deposits in hkd for the contract period are being quoted to prime banks in the hong kong. The benchmark fixing for the hkab hkd interest settlement rates is the estimated offer rate at which deposits in hkd for the contract period are being quoted to prime banks in the hong kong interbank market at 11. It was the largest protest in hong kongs history according to wikinews this law would allow mainland china to extradite people living or visiting hong kong who may be fugitives. For more mortgage privileges, check out hang seng mortgage information. Hibor is the official rate that is used to trade in the asian economy just like libor london interbank offer rate. Comparatively speaking, the hibor mortgage scheme follows more closely the market. This page provides hong kong three month interbank rate actual values, historical.
Occupying an area of 7,000 m2, the hong kong story comprises 8. This refers to the hong kong interbank offered rate for the interest period of one month for hong kong dollars quoted by hang seng bank limited at or about 11. Protestors in hong kong demonstrated against a new extradition law proposed by the government of mainland china. Hong kong monetary authority guide to hong kong monetary. Hong kong association of banks hkab hong kong dollar interest settlement rates are commonly known as the hong kong interbank offered rate or hkd hibor. Full of colour and incident, a childhood memoir that is also a history of hong kong in the 20th century. The onemonth hong kong interbank offered rate climbed four basis points to 1. Discover the best hong kong history in best sellers.
Hong kong, special administrative region of china, located to the east of the pearl river estuary on the south coast of china. The hong kong interbank offered rate, known by its abbreviation hibor, is the benchmark interest rate, stated in hong kong dollars, for lending between. Recently, mainland factors seem to have been the main explanation behind large movements in the interest rate spread. It covers the period from the opium wars when the british obtained the rocky island referred to as fragrant harbour hong kong to the handover of one of the worlds preeminent trading and financial centres to the prc. Electronic cheque echeque electronic bill presentment and payment service. Hong kong three month interbank rate decreased to 1. The lending and borrowing in hong kong dollars between their banks is done with the help of a rate that is known as hibor.
Amid strong ratehike expectations, hiborlibor spreads have widened to the highest level, last seen in 2008. Hibor mortgage plan mortgage bank of china hong kong. The author, coates offers a wholehearted and honest retelling of his attempts to understand the colonys largely cantonese citizens and his effort to administer british justice on a completely foreign culture. Five books that explain the hong kong protests financial times. An interest rate cap based on the banks hong kong dollor prime rate p applies to all hibor mortgage plan that gives you rate protection in case of fluctuations. Find out how much you could borrow, how much it will cost and what you could save with a depositlinked mortgage. Hong kong was a british possession for decades until it rejoined china in 1997. Ancient history remnants of burial grounds and early rock carvings show human life in hong kong as far back as the stone age. This history is well balanced, thoroughly researched and very readable. Wherever i went, the air was redolent with the smells of. Hibor rate edges higher, boosting average monthly mortgage. This hibor quoted by the hongkong and shanghai banking corporation. Twenty years ago, it was the heavens opening rather than the sun setting that marked the tail end of the british empire. View daily, weekly or monthly format back to when market vectors chinese renminbi stock was issued.
Online shopping for hong kong from a great selection at books store. Hong kong time based on hibor quotations provided by 20 banks designated by the hong kong association of banks hkab. Starting out as a farming fishing village and salt production site, it became an important free port and eventually a major international financial centre the qing dynasty ceded hong kong to the british empire in 1842. Individual tiered deposit rate applies to corresponding range of deposit amount tier. Hong kong interbank offered rate hibor as at any date means the hong kong interbank offered rate for the interest period of 1 month for hong kong dollars quoted by the hongkong and shanghai banking corporation limited at or about 11.
Considered one of the classic books about the city, myself a mandarin is an autobiographical account of a british magistrate in 1950s hong kong. The hong kong association of banks hkab is the source and owner of. A list of us medications equivalent to hibor is available on the website. Rather apologetic on the british side, but if youve read plenty of other books condemning the opium wars, this is an impressive. Island named as hong kong didnt represent anything special about itself before the moment when its became the first british possession in china. Fixing rates ranging from 1 to 12month are set at 11.
Hong kongs rich history, with its interesting tales of marauding pirates, powerful clans and european traders, has helped carve out its future as asias world city. The book explores hong kong as a place with a unique identity, yet also a crossroads where chinese history, british colonial history, and world history intersect. Unlike traditional mortgage plans that are based on prime lending rate, hiborlinked mortgage plan uses the hong kong interbank offered rate hibor as its basis which follows closely the interest rate market trend and customer can choose 1month, 3month, 6month or 12month fixing period according to the trends. Hong kong dollar set for 5month low as hibor drops. To maintain the status of the hong kong interbank offered rate hibor, formally the hkd interest settlement rate as a key. The influence of us and mainland shocks on hong kongs. Under a deluge of biblical proportions, with a leavening of pomp and circumstance, hong kong returned to chinese control, and prince charles sailed out of victoria harbour aboard the royal yacht britannia. I think there is definitely room for more scholarship and writi. What are the best books about hong kong history and. Hong kong interbank offered rate, or hibor, chinese. City of protest by antony dapiran is an accessible, colourful book that traces hong kongs history of dissent from the 1967 riots to the territorys. Hong kong interbank offered rate hibor is the rate on which hong kong dollardenominated instruments are traded between banks in hong kong. Copyright disclaimer privacy policy disclaimer privacy policy.
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