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
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

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
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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