Business News

Hong Kong bank launches world's first 150-dollar note

Sep 9, 2009, 4:18 GMT

   Hong Kong - A bank Wednesday marked its 150th anniversary in Hong Kong by launching what it claimed to be the world's first 150-dollar bank notes.

   Standard Chartered Plc, one of three note-issuing banks in the wealthy city of 7 million, has printed 1 million of the 150-Hong-Kong-dollar notes, worth 19.35 US dollars each.

   It invited people to apply for the new notes from Wednesday, offering them as collectors items with prices of 280 Hong Kong dollars each and up.

   Some notes bearing what are considered lucky serial numbers, such as 888888, are to be auctioned in October with a minimum bid of 3,000 Hong Kong dollars per note.

   Money from the sale of the notes is to go to local charities in what Standard Chartered has described as a 'creative tribute' to the people of Hong Kong.

   Standard Chartered began operations in Hong Kong in 1859, six years after it was founded, and is the oldest of the three note-issuing banks in the city. The other two are HSBC Holdings Plc and the Bank of China Ltd.



COMMENT

blog comments powered by Disqus

Latest Headlines in Business

Older Talkback

Follow Us

Follow M&C on Pinterest

Search

Custom Search

Also Check Out

Justin Bieber accused of assault

Justin Bieber accused of assault
Justin Bieber has been accused of assaulting a photographer in California after a physical altercation allegedly broke out when the paparazzo attempted to take pictures of the singer and his girlfriend Selena Gomez. ... more

Britney Spears' fiance makes romantic video for her

Britney Spears fiance makes romantic video for her
Britney Spears' fiancee Jason Trawick made a gushing video to tell the singer how proud he is of her US 'X Factor' debut in Austin, Texas, last week. ... more

Gary Barlow is boring

Gary Barlow is boring
Gary Barlow says his family are pleased he has been working on the Diamond Jubilee concert and single - because it has given him something new to talk about. ... more

Demi Moore meets up with Ashton Kutcher

Demi Moore meets up with Ashton Kutcher
Estranged couple Demi Moore and Ashton Kutcher have reportedly met up with each other twice in the last month to discuss the future of their relationship. ... more

Kim Kardashian accuses British Airways of stealing?

Kim Kardashian accuses British Airways of stealing?
Kim Kardashian has accused British Airways of stealing from her baggage after a recent trip to the UK. ... more

Justin Bieber buys $6.5m home

Justin Bieber buys $6.5m home
Justin Bieber has splashed out $6.5 million on his very first home, a seven-bedroom mansion in the Californian suburb of Calabasas. ... more

will.i.am splashes out £15k on laptops for talented youngsters

will.i.am splashes out £15k on laptops for talented youngsters
Will.i.am spent £15,000 on computers for members of a youth music project in London after they impressed him with their talent. ... more

Rochelle Wiseman and Una Healy party on hen night

Rochelle Wiseman and Una Healy party on hen night
Rochelle Wiseman and Una Healy celebrated their forthcoming weddings to Marvin Humes and Ben Foden with a joint hen party on Saturday night (26.05.12). ... more

Justin Timberlake celebrates engagement to Jessica Biel

Justin Timberlake celebrates engagement to Jessica Biel
Justin Timberlake and Jessica Biel celebrated their engagement with a star-studded party at Estee Stanley's Californian home on Saturday (26.05.12). ... more

Jennifer Lopez reunites with Marc on stage

Jennifer Lopez reunites with Marc on stage
Jennifer Lopez and estranged husband Marc Anthony reunited on stage over the weekend at their live finale of their TV talent show in Las Vegas. ... more