Chinese Media Claim Hong Kong is a Safe Place to Invest Amid Global Banking Crisis, Expert Disagrees
News Analysis Amid low investor confidence due to recent bank failures in the United States and Switzerland, Chinese ...
Source: theepochtimes.com
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Continuing to Defend Currency Peg to US Dollar May Be 'Dangerous' for Hong Kong: Expert
Hong Kong’s latest foreign currency reserve showed another $10.014 billion drop in August, down from July's $441.8 billion, ...
Source: theepochtimes.com
Hong Kong's Central Bank Pours In Cash to Stabilize Its Pegged Currency, Higher Mortgage Rates Ensued
On Aug. 5, Hong Kong’s central bank bought the largest amount of its currency in one day since ...
Source: theepochtimes.com
Stabilizing Currency Peg to US Dollar May Be Too Costly for Hong Kong This Time: Expert
Hong Kong’s central bank has spent over $22 billion in ten weeks to stabilize the exchange rate of ...
Source: theepochtimes.com