The Hong Kong dollar is the official currency of the Hong Kong Special Administrative Region of the People’s Republic of China. The official currency symbol: “$”, “HK$” or “元”.
Three commercial banks have been granted permission by the Hong Kong Monetary Authority to print their own banknotes for public circulation in Hong Kong. The three commercial banks, HSBC, Bank of China, and Standard Chartered, each issue their own banknote designs in values of HK$20, HK$50, HK$100, HK$500, and HK$1000, with all designs in the same denomination looking similar. The Government of Hong Kong, on the other hand, issues the HK$10 notes and all coinage. Oriental Bank Corporation, Chartered Bank of India, Australia and China, and Hong Kong and Shanghai Banking Corporation (HSBC) all began printing notes in the 1860s. In the 1860s and 1870s, there were denominations of 1, 5, 10, 25, 50, 100, and 500 dollars. Although merchants accepted these notes, they were not accepted by the Treasury for payment of government dues and taxes.
Banknotes in denominations of $ 5 or more issued by the three authorized local banks (the Mercantile Bank of India, London and China, the Chartered Bank of India, Australia and China, and the Hongkong and Shanghai Banking Corporation) were recognized legal money by the 1935 Monetary Ordinance. The Legislative Council of Hong Kong revised the Ordinance on the Issuance of Legal Tender Notes as early as the twenty-first century due to the incorporation of Standard Chartered (Hong Kong) on July 1, 2004. Standard Chartered Bank was replaced as one of Hong Kong’s banknote issuing banks by its newly founded subsidiary, Standard Chartered Bank (Hong Kong) Ltd.
The 10 Hong Kong dollars note front design features a stylized geometric design of straight and wavy lines which is completed with a horse standing on its two legs within a stamp and a security seal containing a Bauhinia flower.
The reverse of the note presents the same pattern as the front design of the banknote. The lettering of the note is presented in the Chinese and English languages. This note is part of the 2007 – 2014 series, and its color is purple, blue and multicolor underprint.
Text: 香港特別行政區,GOVERNMENT OF THE HONG KONG,SPECIAL ADMINISTRATIVE REGION,香港法定貨幣
LEGAL TENDER IN HONG KONG,港幣拾元 拾, TEN HONG KONG DOLLARS, 港幣拾元,TEN HONG KONG DOLLARS,拾 10.