HK to issue new series of banknotes

08:28, July 21, 2010      

Email | Print | Subscribe | Comments | Forum 

Newly designed Hong Kong banknotes with enhanced anti-counterfeit features will be put into circulation at the end of the year, the Hong Kong Monetary Authority (HKMA) announced Tuesday.

Norman Chan, chief executive of the Hong Kong Monetary Authority (HKMA) attends the unveiling of a new series of banknotes in Hong Kong, south China, July 20, 2010. Newly designed Hong Kong banknotes with enhanced anti-counterfeit features will be put into circulation at the end of the year, the Hong Kong Monetary Authority (HKMA) announced on Tuesday. (Xinhua/Liu Sui Wai)

The new series will consist of five denominations, each adopting the same color scheme consistent with the current series and incorporating state-of-the-art security features including: dynamic color-changing pattern, color-changing windowed metallic thread, standardized enhanced watermark, and fluorescent see-through pattern and serial number, according to HKMA.

The HKMA and the three note-issuing banks -- Standard Chartered Bank (Hong Kong) Limited, the Hongkong and Shanghai Banking Corporation Limited and Bank of China (Hong Kong) Limited -- Tuesday jointly unveiled the designs of two denominations: 1,000 HK-dollar and 500 HK-dollar banknotes which will be put into circulation in the last quarter of 2010 and early 2011, respectively.

The design of the remaining three denominations, 100 HK dollars, 50 HK dollars and 20 HK dollars, will be unveiled in 2011.

"For the past six years Hong Kong has seen a continuous decrease in counterfeit rate. Currently there is less than one piece of fake note in every one million pieces of notes in circulation," said Chief Executive of the HKMA Norman Chan, adding that there is a need to revamp the design of the banknotes and introduce latest available security features to minimize the risk of being counterfeited.

People with visual impairments will find the new banknotes easier to use as Braille and tactile lines have been added to help them differentiate the denominations. A new note measuring template will be made available through voluntary agencies serving the visually impaired community.

The new banknotes will be shown to the public at exhibitions held in different districts in Hong Kong before going into circulation.Source:Xinhua
【1】 【2】 【3】


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese President Hu Jintao watches the launch of Tiangong-1 space lab module at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Other members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, including Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang and Zhou Yongkang, are also present. (Xinhua/Rao Aimin)
  • The graphics shows the launch procedures of the carrier rocket of Tiangong-1 space lab module, Long March-2FT1 on Sept. 29, 2011. (Xinhua/Lu Zhe)
  • Image taken from Beijing Aerospace Control Center shows a Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module blasting off from the launch pad at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 29, 2011. (Xinhua)
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
  • Photo taken on Sept. 29, 2011 shows strong wind blows trees in Sanya, south China's Hainan Province. Typhoon Nesat heads towards south China and is moving at an average wind speed of 20 km per hour toward the west coast of China's Guangdong Province. (Xinhua/Hou Jiansen)
Hot Forum Discussion