Page "Hong Kong dollar" Paragraph 23

The Chinese did not however receive these new Hong Kong dollars well, and in 1868 the Hong Kong mint was closed down with a loss of $ 440, 000.

The machinery at the Hong Kong mint was sold first to Jardine Matheson and in turn to the Japanese and used to make the first Yen coins in 1870.

In the 1860s, banknotes of the new British colonial banks, the Hong Kong and Shanghai Banking Corporation and the Chartered Bank of India, Australia, and China, denominated in dollars, also began to circulate in both Hong Kong and the wider region.