Hong Kong’s September dollar deposits and financial war chest expand, defying months of street protests and year-long trade war

• Local currency deposits grew 0.6 per cent in September to HK$6.88 trillion, reversing a dip in August, as investors converted capital into Hong Kong dollars ahead of several blockbuster stock offerings
• The financial war chest used to defend Hong Kong’s dollar grew 1.6 per cent to a five-month high of HK$4.229 trillion, the HKMA’s data show