Going to Hong Kong tomorrow, and just got to know that Hong Kong notes are printed by different banks. Alvin told me their notes are very funny, and I was wondering why it is so. I then guessed that it might be because they don't have a central bank as they are part of China, yet they have their own currencies so the merchant banks get the chances to print the notes.
I then googled about it. They do have their central bank but the central bank sold 10% share to HSBC, Standard Chartered and Bank of China to have the authority to print notes.
I then googled about it. They do have their central bank but the central bank sold 10% share to HSBC, Standard Chartered and Bank of China to have the authority to print notes.
I really like the chinese saying that journeying thousand miles is much better than reading thousand rolls.
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