【精选】hong kong feb 2010 updated mar 2011.pdfVIP

ASSET SERVICING Global Network Management February 2010 Securities Market Report Hong Kong Introduction Money Market This report gives a general overview of the Hong Kong The most actively traded instrument in the Hong Kong securities market. The focus of the report is on clearance, money market is the Exchange Fund Bill. Commercial settlement and custody practices as they apply to non- Papers and Certificates of Deposit are also available. There resident investors. The report is not intended to describe are no restrictions on foreign investors to participate in the The Bank of New York Mellon’s services or procedures. money market. Generally, money market instruments are traded over-the-counter. Markets Capital Market Currency Market Stock Exchanges The Hong Kong dollar (HKD) is a freely convertible currency and is not subject to any foreign exchange The Stock Exchange of Hong Kong (SEHK) was formed in controls. Since 1983, Hong Kong has been operating a April 198