(Adds third intervention)
HONG KONG, April 24 (Reuters) - Hong Kong's central bank, the Hong Kong Monetary Authority, intervened for a third time on Friday, injecting another HK$2.325 billion (US$300 million) as the Hong Kong dollar continued to hit the top of its trading band.
That brought its total injection for the day to HK$6.98 billion to keep the currency within its fixed trading band against the U.S. dollar.
According to data on Reuters page
The territory has been attracting fund flows this week for upcoming initial public offerings on the stock market and for share purchases as the Hong Kong stock market has recently picked up in tandem with a global equity rally, dealers said.
The Hong Kong dollar is pegged at 7.8 to the U.S. dollar but can trade between 7.75 and 7.85 to the U.S. dollar. Under the linked exchange rate mechanism, the HKMA is obliged to intervene in the market to keep the trading band intact if the currency hits 7.75 or 7.85.
It was quoted at 7.7500/01 as of 0912 GMT on Friday. (Reporting by Christina Lo and Susan Fenton, Editing by Jacqueline Wong and Chris Lewis)