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01 May 2014

Hong Kong Bank of China - $100 3 in 1 Uncut Sheet 2012 Commemorative

One Hundred Dollars - 3 in 1 Uncut Sheet with no Letter prefix
Dated 2012
Hong Kong Bank of China $100 3-in-1 Uncut Sheet. This is a limited commemorative uncut sheet which was issued in 2012 to celebrates the bank 100th year of establishment (5.2.1912). A total sheets of 100,000 were issued at a price of HK$600 each. The bank originally started in 1905 when the last Chinese Imperial government (Qing Dynasty 1644-1911) established Daqing Hubu Bank. In 1908, the bank changed it's name to Daqing Bank. Following the establishment of the Republic of China in 1911, the bank was then renamed Bank of China by the Nationalist Kuomintang government let by Dr Sun Yet-sen. After the Chinese civil war ended (1.10.1949) between the Communist and the Nationalist, the bank split into two operations, with one part of it's operation shifted to Taiwan under the Nationalist Kuomintang government let by Chiang Kai-shek. The Taiwan operation later changed it's name in 1971 and merged with the Taiwan Bank of Communication. The mainland operation's name remains unchanged. BoC, by market capitalisation, is the 5th largest bank in the world. Even though BoC is owned by the government of the Peoples' Republic of China, it is not the Central of China (Peoples' Bank of China). BoC operates in 27 countries and employed staffs in excess of 280,000 worldwide. The BoC (Hong Kong branch) commenced it's operation in 1917. The bank was forced to closed temporary during the Japanese occupation in 1941 and reopened in 1946 following the end of the war. Right up to 1942, BoC issued banknotes in China on behalf of the Nationalist government. In 1994, the BoC (HK) was granted the license in Hong Kong to issue banknotes in the territory.

The primary colour of this note is in red, an auspicious and iconic colour, representing jubilation and passion
Front Folder Cover
Total notes issued = 2,000,000 prints
Single note = 1,100,000 pieces (HK$150 each)
3 in one Uncut x 100,000 = 300,000 single notes (HK$600 each)
30 in one Uncut x 20,000 = 600,000 single notes (HK$6,000 each)
Net profit generated from this issued was donated to BoCHK Charitable Foundation and other charitable organisations of Hong Kong. In view of the issue price, none of the notes were intended for general circulation.

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