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 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
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 

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 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
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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Nigel Green

Nigel Green

Nigel Green founded deVere Group in 2002 from a single office in Hong Kong after discovering a niche market for expatriates and international investors. Since then, it has grown to become one of the world’s largest independent financial services organisations, with offices and clients across the globe.