Anti-government protests have raised questions about Hong Kong’s status as an international financial hub. Photo: Nora Tam

Hong Kong dollar peg: could the financial hub’s stable exchange rate keep Shenzhen and Macau at bay?

  • Analysts say Hong Kong’s importance to the mainland will continue because of its stable exchange rate under the US dollar peg, despite anti-government protests
  • Macau and Shenzhen unlikely to replace the city due to Beijing’s reluctance to end restrictions on domestic money exchanges and fully open its capital account
Topic |   Macau
Anti-government protests have raised questions about Hong Kong’s status as an international financial hub. Photo: Nora Tam
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