Couverture de Hong Kong Dollar and Why Hedge Funds Target It

Hong Kong Dollar and Why Hedge Funds Target It

Hong Kong Dollar and Why Hedge Funds Target It

Écouter gratuitement

Voir les détails

À propos de cette écoute

Investors are once again questioning the sustainability of Hong Kong's foreign exchange regime. Critics argue the Hong Kong currency's peg to the dollar, dating to 1983, no longer makes sense as the city's links with China strengthen. Authorities have already intervened at least five times this year to defend the Hong Kong dollar, spending over $11 billion.

Does a peg linking the Hong Kong dollar to the Chinese yuan, or a basket of currencies, make more sense? Could hedge funds attack the currency? Investors like George Soros and Bill Ackman have tried, and failed, to break Hong Kong's dollar peg. How many more times will the government need to intervene? Carlos Casanova, senior economist for Asia at Union Bancaire Privée, breaks down Hong Kong's currency regime and what's ahead. He joins John Lee and Katia Dmitrieva on the Asia Centric podcast.

Related news: https://www.bloomberg.com/news/articles/2025-07-15/hong-kong-defends-fx-peg-for-a-fifth-time-as-pressure-extends

See omnystudio.com/listener for privacy information.

Les membres Amazon Prime bénéficient automatiquement de 2 livres audio offerts chez Audible.

Vous êtes membre Amazon Prime ?

Bénéficiez automatiquement de 2 livres audio offerts.
Bonne écoute !
    Aucun commentaire pour le moment