Hong Kong’s US dollar peg is least worst option

Hong Kong’s US dollar peg is least worst option

A Hong Kong dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo HONG KONG, June 24 (Reuters Breakingviews) – Whenever some aspect of Hong Kong’s U.S. dollar peg appears askew, observers suggest that the scheme’s end is nigh — or has already arrived. This time, it’s the persistent wide gap…

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Hong Kong regains favour as investors turn to mainland China and yuan: Deutsche Bank

Hong Kong regains favour as investors turn to mainland China and yuan: Deutsche Bank

Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid tariffs and geopolitical tensions, according to a senior executive at Deutsche Bank. Companies and investors have increased their exposure to China and hedged against the US dollar as they adjusted their supply chains and portfolios…

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‘Made-in-Hong Kong’ goods can shine with right tech, funding: industry group

‘Made-in-Hong Kong’ goods can shine with right tech, funding: industry group

“Made-in-Hong Kong” products ranging from mooncakes to garments can shine with the help of technology, automation, subsidies and even artificial intelligence (AI), one of the city’s largest industry groups has said. The Federation of Hong Kong Industries revealed the findings of its recent study on Friday, saying that the city’s industrial sector added HK$127.1 billion…

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