Hong Kong is well positioned to weather trade-war fallout, HKMA CEO says
Hongkongers are facing many economic uncertainties, with a trade war topping the list, but the city's diversified export ...
Hong Kong’s Exchange Fund reports fifth-best annual return despite fourth-quarter loss
The fund’s return fell 3 per cent in 2024 to HK$219 billion (US$28 billion) due mainly to a loss of HK$20.1 billion in the ...
Hong Kong Sees No Need to Change US Dollar-Pegged Currency System
HONG KONG/SHANGHAI (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it, the ...
Hong Kong’s Paul Chan defends city’s currency peg to US dollar in Davos
The finance chief also promoted the city’s ‘new advantages’ during the World Economic Forum’s annual meeting in Davos.