Borrowing in a weak HK dollar with funding rates below U. S. Libor makes the Hong Kong currency arguably one of the best funding vehicles for global currency traders, say Nomura.

野村证券称，港元不仅在汇率上处于弱势，而且港元贷款的利率要低于伦敦银行同业拆息，这使得港元成了全球货币交易员最理想的一种举借货币。

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The peg is maintained at HK$7.8 to US$1 and forces the Hong Kong Monetary Authority to track currently low US interest rates, encouraging speculative flows into the property and stock markets.

美元兑港币的联系汇率保持在7.8港元，这迫使香港金融管理局（Hong Kong Monetary Authority）目前追随美国保持低利率，鼓励了投机资金流入房地产市场和股市。

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PRICE: The currency manifesting the price shall be the basis currency of payment, unless otherwise specified, US $ means the U. S. Doitars, HK $ the Hong Kong Dollars, ? the Pound Sterling.

除非另作指定，表示价格的货币将是付款的基本货币，US$表示美元，HK$表示港币，? 表示英镑。

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In May, dealers exhibiting contemporary art at Art HK in Hong Kong said they found buyers quickly for their best few pieces yet struggled to unload the rest.

WSJ: Christie's, Sotheby's Show Conflicting Sales

Others are also likely saving up for next month's Art Basel, the Swiss contemporary art fair whose owner MCH Group recently bought a majority ownership stake in Art HK. (Next spring, Art HK will be renamed Art Basel Hong Kong.) The fair closes Sunday.

WSJ: Hong Kong: The Next Global Art Powerhouse

In May 2011 MCH Swiss Exhibition (Basel) announced that it had snapped up a controlling stake in ART HK, the biggest annual event for Hong Kong's art scene and perhaps for all of Asia's.

ECONOMIST: Asia��s rise excites the art market