"Thirty-eight hundred in the room. Four thousand on the net, 5,000, 6,000! Bid, bid, bid!" the auctioneer calls out.Monday, 4 February, 2013, 4:33am
Whether its face value is HK$20 or HK$1,000, the cost of producing a Hong Kong banknote is about the same - just 50 HK cents.
Despite the low cost, however, the procedure for making a banknote is anything but simple.
Hong Kong Note Printing Limited says it takes six to eight weeks, including time waiting for the ink to dry during several printing stages.4 Dec 2009 - 12:00am
The People's Bank of China, the mainland's central bank, has released a chart in a rare move to help the public spot fake banknotes amid growing disquiet over an influx of counterfeits.
The chart identifies some 13 features that distinguish a real banknote from a counterfeit.14 Jan 2009 - 12:00am
A total of 65 million plastic HK$10 banknotes will be available to the public from today for lai see packets this Lunar New Year.
'For the new banknotes issued this year, 50 million of them are newly printed, whilst the other 15 million are inventory we printed last year,' the Monetary Authority said.14 Jan 2009 - 12:00am
Should legal aid fees for lawyers be increased?
It has been revealed that low payment for doing legal aid work is deterring an increasing number of lawyers from taking up legal aid work (''Insulting' legal aid payments deter lawyers', January 22).
This is a serious social issue that our government must not take too lightly.26 Jan 2008 - 12:00am
Banks across the city yesterday began distributing 50 million of the plastic HK$10 notes issued by former financial secretary Henry Tang Ying-yen.
Li Ming-kut, the first person in the queue outside HSBC's Yue Man Square branch in Kwun Tong, said he arrived at 5.30am.10 Jul 2007 - 12:00am
The financial secretary was publicly advocating money laundering yesterday. But Henry Tang Ying-yen wasn't giving a clean sheet to drug lords and despotic regimes to pass their money through the city - he was talking about how easy it is to wash the new, plastic HK$10 banknote that will go into use on July 9.16 Jun 2007 - 12:00am
Trial will test public acceptance of 'cleaner, more durable and secure note'
Plastic HK$10 notes will go on a trial as early as June, circulating alongside the existing notes and coin, as foreshadowed by the Post on December 29 last year.13 Mar 2007 - 12:00am
Plastic money could be on its way to Hong Kong next year.
The Hong Kong Monetary Authority and the government are considering issuing notes printed on polymer instead of paper, starting with the HK$10 note.
'The polymer notes have better performance in terms of the security and durability, which is our main consideration,' a government source said.29 Dec 2006 - 12:00am
In the hustle and bustle of Hong Kong's shopping complexes, shoppers give little more than a cursory glance at the colour or number of the banknotes in their wallets before exchanging them for the latest hi-tech gadgetry or fashion item. It is left to genuine collectors and tourists to give the SAR's new banknotes the attention they deserve.7 Dec 2004 - 12:00am
A man looks at uncut printed sheets of Hong Kong banknotes in a glass display box at Sha Tin's Heritage Museum. The 'Banknotes That Tell a Story' exhibition opens today and will run until November 8. One of the earliest pieces is an 1857 proof plate for a note that was issued in 1859 by Mercantile Bank.28 Apr 2004 - 12:00am
Police believe fake $100 banknotes made on a colour photocopier are in circulation in Shekkipmei after seven teenagers were arrested and 17 counterfeit notes seized.
Earlier this week police received two reports of fake notes being used to buy snacks from shops in the area.2 Oct 1997 - 12:00am
LONDON: Police have seized counterfeit ?50 banknotes with a face value of about GBP5 million (about HK$59.15 million) and arrested a man after a raid on a printers' shop in Holloway, north London.25 Jan 1993 - 12:00am