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 150 Hong Kong dollars commemorative note front design illustrates a view of the old and current headquarters of The Hongkong and Shanghai Banking Corporation, on old Hong Kong city background, followed by two women working.
The reverse of the note presents the two children sitting next to the statue of the HSBC lion, which is the Hongkong and Shanghai Banking Corporation Limited (HSBC) symbol, and a background with different views of the time of the city of Hong Kong. The lettering of the note is presented in the Chinese and English languages. This note is part of the 2015 commemorative series: “150th Anniversary of Hongkong & Shanghai Banking Corporation”. Its color is purple on a multicolor underprint.
Text: 渣打銀行(香港) Standard 有限公司 Chartered Bank (HONG KONG) LIMITED 憑票即付, 港幣壹佰伍拾圓, PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE, One Hundred Fifty, HONG KONG DOLLARS 承董事會命 ,BY ORDER OF THE BOARD OF DIRECTORS, HONG KONG 1 JANUARY 2009, StandardCharteredBank (HONG KONG) LIMITED 渣打銀行(香港) 有限公司