Hong Kong Financial Secretary Chan: Ready to Defend U.S. Dollar Peg System

The video discusses the positive reception of national security legislation by banks and businesses, highlighting the anticipated details and scope. It explores the adjustment in US-Hong Kong relations, emphasizing mutual benefits and economic interests. The discussion also covers potential contingencies related to the currency peg and the linked exchange rate system, stressing the importance of not over-speculating and maintaining stability.

What is the general sentiment of the business community towards the national security legislation?

• They are unaware of it.

• They are indifferent.

• They are supportive and interested in its details.

• They are opposed to it.

How is the change in the relationship between Hong Kong and the US described?

• As a strengthening of ties.

• As a minor disagreement.

• As an adjustment in the relationship.

• As a complete decoupling.

What is the stance on the special privileges afforded to Hong Kong?

• They are detrimental to both parties.

• They are irrelevant.

• They serve the best interest of the US.

• They are no longer beneficial.

What is the concern regarding the 'nuclear option' by the US?

• It could improve diplomatic relations.

• It could lead to a new trade agreement.

• It could prevent Hong Kong from accessing the US dollar clearing process.

• It could enhance Hong Kong's economy.

What is the position on reviewing the linked exchange rate system?

• It needs immediate review.

• There is no need for a review.

• It should be replaced with a new system.

• It should be abandoned.