In the longer term, the monetary stability that is brought about by the HKMA’s defence of the Hong Kong dollar will continue to underpin the desirability of owning Hong Kong assets. Photo: AFP
Nigel Green
Opinion

Opinion

The View by Nigel Green

Despite weak Hong Kong dollar, city’s assets remain strong, thanks to HKMA intervention

Nigel Green says the factors pushing the Hong Kong dollar down to the low end of the trading band of its US dollar peg may cool market sentiment for now, but the longer-term prospects are sound 

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In the longer term, the monetary stability that is brought about by the HKMA’s defence of the Hong Kong dollar will continue to underpin the desirability of owning Hong Kong assets. Photo: AFP
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