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Th five hundred-dollar note is one of the Hong Kong currency which has the second largest denomination of Hong Kong currency. It is issued by three banks-HSBC, BOC, SBC. It is commonly known as "Big ox".

History
The Hong Kong five hundred dollar note was first issued in undated from the 1860s by the Oriental Bank Corporation, the Standard Chartered Bank (Hong Kong) but a confirmed date for this bank is 1879, followed by The Hongkong and Shanghai Banking Corporation in 1877, the Mercantile Bank in 1948 and the Bank of China in 1994. The Specimens are known from the Agra and Masterman's Bank and the Asiatic Banking Corporation between 1862-66. The National Bank of China issued theirs in the 1890s. There was a continuous issue till the Second World War in different colours and dimensions, they were reisssued from 1946. The Mercantile bank ceased issue of this denomination after 1959. There was a standardisation of size in 1979 when the Chartered Bank reduced the size to that similar to HSBC. In 2000 and 2002, there were massive of counterfeit thousand dollar notes in the market, thus HSBC printed more five hundred-dollar notes to replace the unpopular thousand notes. The colour was made uniform in 2003 in brown.

Before the thousand-dollar note was introduced, the five-hundred-dollar note, being the largest denomination and brown in colour, was called the "big ox", instead of the "brown ox". This might be because the five-hundred-dollar note issued in the early 20th century was very large (twice the size of the current five-hundred-dollar note) and had a drawing of an ox working on a farm.

2014 five-hundred note
Until 2014, Hong Kong is still using the 2010 version of five-hundred notes.

Security features
Viewing: Holographic windowed thread, fluorescent machines readable barcode under ultraviolet light, fluorescent fibres under ultraviolet light, multi tone and highlight watermark, security thread, see-through feature

Tilting: Iridescent images, denomination numeral in optical variable ink, concealed image/denomination

Touching: Intaglio printing