Ho Yin
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Ho Yin
Ho Yin (; 1 December 1908 – 6 December 1983) was a businessman, politician and senior leader of the Chinese community in Macau. Biography Ho Yin was born in Panyu, in the Pearl River Delta region, north of Macau on 1 December 1908, when China was still ruled by the imperial family of the Qing Dynasty.In the name of the father
'' South China Morning Post'', 16 May 1999
He was an important diplomatic intermediary between the and the anti-Communist ''
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He (surname)
He or Ho is the Romanization, romanized transliteration of several Chinese family names. According to a 2012 survey, 14 million people had Hé (wiktionary:何, 何) listed as their surname, making it the 17th most common surname in Mainland China, a spot it retained in 2019. Hé was listed as the 21st most common surname in the ''Hundred Family Surnames'', contained in the verse 何呂施張 (He Lü Shi Zhang). Other less common family names that are romanized as He include wiktionary:河, 河 (Pinyin: Hé), wiktionary:佫, 佫 (Pinyin: Hè), wiktionary:赫, 赫 (Pinyin: Hè), and 和. A common alternative spelling of the surname is Ho, which is the Standard Mandarin, Mandarin Wade-Giles romanization and the Standard Cantonese, Cantonese romanization of the Chinese family names. In the Korean language, the equivalent surname is Ha (하). In the Vietnamese language, the equivalent surname is Hà. History The surname originates from the Ji (surname), Ji clan of the Zhou Dynasty ...
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Chief Executive Of Macau
The Chief Executive of the Macao Special Administrative Region (; pt, Chefe do Executivo da Região Administrativa Especial de Macau) is the head of government of Macau, a special administrative region of China. The position replaced the office of Governor of Macau, the former head of Macau as an overseas province of Portugal. Under the Basic Law of Macau, the chief executive's role is to: ...be the head of the Macau Special Administrative Region and shall represent the Region. The Chief Executive of the Macau Special Administrative Region shall be accountable to the Central People's Government and the Macau Special Administrative Region in accordance with the provisions of this Law. The current chief executive is Ho Iat Seng. His office is located at the Macau Government Headquarters, formerly the Governor's House (from 1883-1926) and the Governor's office (from 1926 to 1999). The CE has used this as his office since 2009. History The office was created by the first sessio ...
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Troy Ounce
Troy weight is a system of units of mass that originated in 15th-century England, and is primarily used in the precious metals industry. The troy weight units are the grain, the pennyweight (24 grains), the troy ounce (20 pennyweights), and the troy pound (12 troy ounces). The troy grain is equal to the grain unit of the avoirdupois system, but the troy ounce is heavier than the avoirdupois ounce, and the troy pound is lighter than the avoirdupois pound. One troy ounce (oz t) equals exactly 31.1034768 grams. Etymology Troy weight probably takes its name from the French market town of Troyes where English merchants traded at least as early as the early 9th century. The name ''troy'' is first attested in 1390, describing the weight of a platter, in an account of the travels in Europe of the Earl of Derby. Charles Moore Watson (1844–1916) proposes an alternative etymology: ''The Assize of Weights and Measures'' (also known as ), one of the statutes of uncertain date from the re ...
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Bretton Woods Agreement
The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The Bretton Woods system required countries to guarantee convertibility of their currencies into U.S. dollars to within 1% of fixed parity rates, with the dollar convertible to gold bullion for foreign governments and central banks at US$35 per troy ounce of fine gold (or 0.88867 gram fine gold per dollar). It also envisioned greater cooperation among countries in order to prevent future competitive devaluations, and thus established the International Monetary Fund (IMF) to monitor exchange rates and lend reserve currencies to nations with balance of payments deficits. Preparing to rebuild the internat ...
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Banco Nacional Ultramarino
Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger in 2001 with Caixa Geral de Depósitos, the government-owned savings bank. The bank continues operations today under the Banco Nacional Ultramarino brand in Macau, a Chinese Special Administrative Region and former Portuguese colony, where it is also licensed to issue Macanese pataca banknotes. Timeline Banco Nacional Ultramarino (BNU) was established in Lisbon, Portugal, in 1864 as a bank of issue for Portuguese overseas territories. the next year it opened branches in Luanda, Angola and Praia, Cabo Verde. Three years after that, in 1868, BNU opened branches in São Tomé and Príncipe, Goa, and Lourenço Marques, Mozambique. In 1901 BNU lost its banking mon ...
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Macau Pataca
The Macanese pataca or Macau pataca (; pt, pataca de Macau; sign: $; abbreviation: P; ISO code: MOP) is the currency of the Macau Special Administrative Region of the People's Republic of China. It is subdivided into 100 ''avos'' (; ''sin''), with 10 avos called ''ho'' () in Cantonese. Macau has a currency board system under which the pataca is 100 per cent backed by foreign exchange reserves, in this case currently the Hong Kong dollar (itself backed by the United States dollar). Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP 1.03, and without limit. History The Spanish American silver dollar was in wide use in Asia and the Americas between the 16th to 20th centuries, and was imported by China in large quantities. They were typically minted in Mexico and then brought to the Philippines as part of the Spanish ...
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Second World War
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Japanese Occupation Of Hong Kong
The Imperial Japanese occupation of Hong Kong began when the Governor of Hong Kong, Mark Aitchison Young, Sir Mark Young, surrendered the British Crown colony of British Hong Kong, Hong Kong to the Empire of Japan on 25 December 1941. The surrender occurred after Battle of Hong Kong, 18 days of fierce fighting against the overwhelming Imperial Japanese Army, Japanese forces that had invaded the territory.Snow, Philip. [2004] (2004). The fall of Hong Kong: Britain, China and the Japanese occupation. Yale University Press. , .Mark, Chi-Kwan. [2004] (2004). Hong Kong and the Cold War: Anglo-American relations 1949–1957. Oxford University Press publishing. , . p 14. The occupation lasted for three years and eight months until Surrender of Japan, Japan surrendered at the end of the World War II, Second World War. The length of this period (, ) later became a metonym of the occupation. Background Imperial Japanese invasion of China During the Imperial Japanese military's Second ...
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Hang Seng Bank
Hang Seng Bank Limited () is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank. Hang Seng Bank is a commercial bank whose major business activities include retail banking, wealth management, commercial banking, treasury services, and private banking. Hang Seng Bank operates a network of around 260 service outlets in Hong Kong. It also has a wholly owned subsidiary in mainland China, Hang Seng Bank (China) Limited which has a network of 46 branches and sub branches. It established the Hang Seng Index as a public service in 1969 and this stock market index is now generally known as the primary indicator of the Hong Kong stock market. History In 1933, business partners Lam Bing Yim ( 林炳炎), Ho Sin Hang ( 何善衡), Sheng Tsun Lin ( 盛春霖), and Leung Chi ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ...
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Guangdong
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) across a total area of about , Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world (after Uttar Pradesh in India). Its economy is larger than that of any other province in the nation and the fifth largest sub-national economy in the world with a GDP (nominal) of 1.95 trillion USD (12.4 trillion CNY) in 2021. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the count ...
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Money Changing
A money changer is a person or organization whose business is the exchange of coins or currency of one country for that of another. This trade was a predecessor of modern banking. The advent of paper money in the mid-17th century and the development of modern banking and floating exchange rates in the 20th century allowed a foreign exchange market to develop. This provided a way for banks and other specialist financial companies such as bureaux de change and forex brokers to easily change one country's money for another, and with the added confidence of transparency. History In ancient times in Jerusalem, pilgrims visiting the Jewish Temple on Jewish Holy Days would change some of their money from the standard Ancient Greek coinage, Greek and Roman currency for Shekel, Jewish and Tyrian shekel, Tyrian money, the latter two the only currencies accepted as payments inside the Temple.Sanders, E. P. The historical figure of Jesus. Penguin, 1993. Bart D. Ehrman, Ehrman, Bart D ...
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