The Hong Kong government gradually replaced paper money in lower denominations with coins since the 1960s in view of the former's shorter life-span. This photo shows the HSBC (The Hongkong and Shanghai Banking Corporation) staff burning down old ten-dollar notes.
The headquarters of the Bank of China, HSBC (The Hongkong and Shanghai Banking Corporation), and Standard Chartered Bank stood out prominently in the Central District in 1960.