The protests in Hong Kong, which are now in their 17th consecutive weekend, have brought the city’s economy to the brink of a recession. Photo: Sam Tsang

Short sellers believe a weakening economy will force Hong Kong Monetary Authority to tweak the currency peg

  • Currency bear Thomas Roderick says that the government may eventually consider removing the peg or at least make some change to the system
  • Ignatius Chan Tze-ching, a senior adviser to Bank of East Asia, says that the government will not change the peg, and has the ability to defend it
Topic |   Hong Kong Monetary Authority (HKMA)

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The protests in Hong Kong, which are now in their 17th consecutive weekend, have brought the city’s economy to the brink of a recession. Photo: Sam Tsang
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