HKMA Chief Yue: No Plans to Change Hong Kong Dollar Peg

The transcript discusses Hong Kong's financial resilience and growth despite recent challenges. It highlights opportunities in China-related finance, fintech, and green finance. The comparison between Hong Kong and Singapore in fintech development is explored, emphasizing collaboration over competition. The stability of the Hong Kong dollar peg is affirmed, with no plans for change. The impact of rising interest rates on the housing market and banking sector is analyzed, with assurances of stability due to strong buffers and prudent measures.

What is the current status of the Hong Kong dollar peg and its importance?

How have rising interest rates affected the housing market in Hong Kong?

What measures have been taken to ensure the stability of banks in Hong Kong amidst market changes?