bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

hooksAmpRedirectArticle

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

paywallTypes

createdDate

publishedDate

sponsorType

urlAlias

moreOnThisArticles

commentCount

authorLocations

authors

corrections

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

articleSpeeches

socialHeadline

headline

images

flag

firstTopic

glossary

flattenTypeIds

image

relatedLinks

relatedNewsletters

__typename

sponsor

pdfFiles

seriesReverseOrder

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

readingTime

customTimezone

liveContents

Lin Nguyen

This article has been withdrawn because we are unable to verify the authenticity of the author. As a result, we are now reviewing our policies for contributors.


WITHDRAWN: When Chinese companies face the ire of US investors, it need not always end badly

Hong Kong’s currency peg to the US dollar isn’t an Achilles’ heel – it’s an Achilles’ shield

The architects of the currency peg were aware that it would be impossible for Hong Kong to allow the free movement of capital while at the same time operating both a fixed exchange rate and an independent monetary policy. Photo: Roy Issa

General view of bank's notice of interest rates for deposits in Central, Hong Kong. US Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into 2019. 27SEP18 SCMP / Winson Wong

Residential buildings stand in Hong Kong, China, on Saturday, May 11, 2019. The U.S. Federal Reserve is poised to cut rates on July 31 for the first time since 2008, amid a global slowdown. Because Hong Kong's currency is pegged to the dollar, the Asian financial hub will face the risk that low borrowing costs keep inflating what is already the world's most expensive property market. Photographer: Justin Chin/Bloomberg

What bargains? China’s cheapest stocks are valuation trap as banks lose margin protection

People walk past a branch of the Industrial and Commercial Bank of China in Beijing on April 1, 2019. Photo: Reuters

Opinion

Business

Expresses the views, ideas and conclusions of the author. (Eg. Enough of Crazy Rich Asians, think of crazy poor Hongkongers.)


Column

The View

.css-1m2rp1p{color:#34b8b5;}The View | WITHDRAWN: When Chinese companies face the ire of US investors, it need not always end badly

The View | WITHDRAWN: When Chinese companies face the ire of US investors, it need not always end badly