HONG KONG/SHANGHAI (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it ...

Pei was commissioned in 1982 by the Beijing-based Bank of China to design its headquarters in Hong Kong, but construction did not start until 1985. There were many reasons for the delay.

Our fair value estimate is USD 54.50 per ADR and represents a 2024 price/book ratio of 1.17 times. We assume a cost of equity of 9.5%. We forecast annual reported net interest income remaining ...

Reverse Image: Denomination to the left and sides, name of bank at top and bottom, old Hong Kong & Shanghai Banking Corporation building at center. Reverse Text: H488,500 / H488,500 / 5 / 伍 / THE ...