Currency exchange
1 Hong Kong dollar = 4.1597 New Taiwan dollar
1 New Taiwan dollar = 0.2404 Hong Kong dollar
Hong Kong dollar to New Taiwan dollar exchange rate trend chart (one week):
On July 20, 2016, the interbank market's new Taiwan dollar exchange rate mid-price was: 1 Hong Kong dollar to New Taiwan dollar 4.1597, and 100 Hong Kong dollar to New Taiwan dollar 415.97.
"Short selling on the exchange rate is only a small part of the money, and short selling on the stocks makes a lot of money." The vice president of the above-mentioned Hong Kong investment company told reporters that some speculators took the opportunity to bet on Hong Kong to cancel the contact exchange rate system, borrowed a lot of Hong Kong dollars and Hong Kong stocks in advance for layout, and then sold them in a concentrated manner during this period. First, attacked the contact exchange rate, depreciating the Hong Kong dollar, and then sold stocks to short the stock market. Some institutions followed suit and sold, and the entire market accelerated its decline.
When the performance of the GEM was continuously weaker than the main board, foreign capital also had a trend of buying at the bottom. Currently, the only ETF in the Hong Kong market that directly invests in the mainland GEM has continued to have net subscriptions recently. Data shows that the Southern East China ChiNext Index ETF has received nearly 30 million Hong Kong dollars net subscriptions in the past five trading days, with the new share equivalent to 13% of the entire ETF share, indicating that the subscriptions are quite enthusiastic. Yesterday, the ChiNext Index rose 2.5%, significantly surpassing the performance of the Shanghai Composite Index and Shenzhen Component Index.
or above Hong Kong dollar to NTD exchange rate today's market is provided by the information for reference only. If you need to know more about the trend of the Hong Kong dollar to NTD exchange rate, you can follow the channel's daily financial report.
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