The Hong Kong dollar's overnight interbank rate (HIBOR) rose to 4.1% at 11:15 a.m., up from 3.42% at the previous close, according to ETNet. The one-week HIBOR was unchanged at 3.23%.

Other HIBOR tenors were quoted as follows: one month 2.85%, two months 2.95%, three months 3.02%, six months 3.23% and one year 3.51%.

The USD/HKD was quoted at 7.8378/8408, while the yuan was quoted at 6.7212/7219 per US dollar. The one-year offshore yuan non-deliverable forward stood at 6.5810/5892, implying a discount of 1,365 points versus the spot.