As Hong Kong Dollars and US Dollars are pegged, the Group had minimum exposure to foreign exchange fluctuation in this respect. The Group still monitors the overall currency and interest rate exposures. EMPLOYEE INFORMATION As at 31 March 2012, the Group had approximately 20 employees (31 March ...
This paper studies the impact of exchange rate fluctuations on investment in the manufacturing industry.The sample period for this paper is from 1999Q1 to 2008Q4.The empirical results show that the appreciation of the RMB exchange rate will significantly lead to the decrease of the investment of ...