Economics

Hong Kong Confident Peg Will Survive U.S.-China Tensions

  • Risk U.S. will revoke privileges has boosted concern over peg
  • Hong Kong dollar is near strong end of band amid inflows

Paul Chan

Photographer: Paul Yeung/Bloomberg
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Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington.