Hong Kong dollar

Billionaire investor and founder of Pershing Square Holdings, Ltd. (OTC: PSHZF) Bill Ackman has revealed he has a large notional short position against the Hong Kong dollar saying the currency’s peg to the dollar no longer makes sense. This is a very thoughtful piece and I agree. We have a...

Hong Kong’s finance chief has asserted the city will "absolutely not" decouple its currency from the dollar despite fund outflows and tensions surrounding Sino-U.S. ties. The peg with the dollar is aligned with national strategies and it cements the city's position as...