Zhongsheng Global Bulk Precious Metals Precious Metals Agent Consultation: QQ: **: Guizhou Zhongsheng Global Bulk Precious Metals Precious Metals Agent Guizhou Zhongsheng Global Bulk Precious Metals Precious Metals Personal Agent Guizhou Zhongsheng Global Bulk Precious Metals Precious Metals Company Agent Guizhou Zhongsheng Global Bulk Precious Metals Precious Metals Investment Agent Guizhou Zhongsheng Global Bulk Precious Metals Precious Metals Free Account Opening Guizhou Zhongsheng Global Bulk Precious Metals Silver Investment Agent> China News Service, according to a report from Hong Kong Wen Wei Po on May 1, funds continue to flow into Hong Kong, and the Hong Kong dollar exchange rate has once again touched the strong side's exchange guarantee, which forced the financial management The bureau injected HKD .00 billion into the banking system on a daily basis and accepted US dollar selling orders. The Hong Kong Monetary Authority has injected capital into the market for the first time this month, totaling more than HK$100 million.
A large inflow of funds occurred last Tuesday (May). The Hong Kong Monetary Authority entered the market five times in one day to buy US dollars and sell Hong Kong dollars to curb the rise of the Hong Kong dollar. It sold a total of HK$100 million to the market, which was the first intervention since March. After Japan's intervention, the balance of Hong Kong's banking system will rise to approximately HK$100 million this Friday.
The Hong Kong dollar remained strong yesterday, touching the strong-side convertibility guarantee level against the U.S. dollar many times. However, market participants pointed out that the Hong Kong Monetary Authority only intervened during the European session, when the Hong Kong stock market was close to closing. Therefore, although the Hang Seng Index fell sharply on the day , but believes that it does not fully reflect the factors of the Hong Kong Monetary Authority's entry into the market. I believe that the market will have a chance to rebound as a result today.
Zhongsheng Global Bulk Agency Consulting