Hong Kong's Tang on Dollar Peg, Real Estate

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March 8 (Bloomberg) -- Hong Kong chief executive candidate Henry Tang talks about the outlook for the city's currency peg to the U.S. dollar, real estate market, and leadership rival Leung Chun-ying. Hong Kong’s home prices have tripled in the past decade while the median monthly household income has remained almost unchanged at HK$20,000 ($2,579) since the former British colony was handed back to China in 1997, according to government data, fueling resentment over a widening wealth gap. Tang speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Excerpt. Source: Bloomberg)


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