
New $500 banknotes to be launched
The Monetary Authority will put new $500 banknotes into circulation on February 22. They will be available for exchange at Hong Kong's three note-issuing banks.
The $1,000 banknotes of the new series have been in circulation since December 7 and banknotes of the other three denominations of $100, $50 and $20 will launch between late 2011 and early 2012.
The new banknotes have advanced security features, including a dynamic colour-changing pattern, colour-changing windowed metallic thread, standardised enhanced watermark, fluorescent see-through pattern and fluorescent serial number.