Business Community & Education Hong Kong

In Pictures: Hong Kong reveals new banknote designs

A new set of Hong Kong banknotes has been issued by the three issuing banks: HSBC, Standard Chartered and Bank of China.

hong kong new banknotes

Standard Chartered notes. Photo: Screenshot.

Hong Kong Monetary Authority head Norman Chan said there are five Hong Kong-related themes shared by the three banks.

hong kong new banknotes

Photo: HKMA.

The five themes include:

HK$1000: international financial centre;
HK$500: Hong Kong UNESCO Global Geopark;
HK$100: Cantonese opera;
HK$50: Hong Kong butterflies;
HK$20: Dim sum and tea culture.

hong kong new banknotes

HSBC notes. Photo: Kris Cheng/HKFP.

The new notes have six key security features including a dynamic shimmering pattern, a windowed metallic thread, an enhanced watermark, embossed textures, a concealed numeral and fluorescent, transparent patterns.

hong kong new banknotes

Photo: HKMA.

The HK$1,000 note will go into circulation at the end of the year, and the HK$500 notes will be released in early 2019.

hong kong new banknotes

Photo: HKMA.

Other notes will be ready for issue between 2019 and 2020.

hong kong new banknotes

Photo: Kris Cheng/HKFP.

“On top of carrying state-of-the-art security features, the unified thematic subject presented in a vertical layout for each denomination of the banknotes across the three NIBs makes the new series distinctive from the previous one and a good representation of the local culture of Hong Kong,” Chan said.

hong kong new banknotes

Photo: HKMA.

He also said the notes can be read by visually-impaired people via phone apps.

Howard Lee, deputy chief executive of the Monetary Authority, said that the new vertical design of the banknotes’ rear side was inspired by overseas examples.

hong kong new banknotes

Photo: HKMA.

hong kong new banknotes

Photo: Kris Cheng/HKFP.

“The public can easily recognise these are new bank notes when they see the vertical design,” he said.

hong kong new banknotes

Photo: HKMA.

In Pictures: Hong Kong reveals new banknote designs