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Hong Kong Monetary Authority: The widening of the interest rate differential between Hong Kong and the United States has triggered carry trades, causing the Hong Kong dollar to gradually approach the weak side convertibility guarantee level in the pa

2025-06-19

Hong Kong Monetary Authority: The widening of the interest rate differential between Hong Kong and the United States has triggered carry trades, causing the Hong Kong dollar to gradually approach the weak side convertibility guarantee level in the past few weeks. If the carry trade continues, the Hong Kong dollar exchange rate may weaken further and even trigger the weak side convertibility guarantee.

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2025-06-19

Hong Kong stocks opened lower and fell throughout the day, with the Hang Seng Tech Index down 1% and the Hang Seng Index down 0.76%. Technology stocks fell, with Meituan (03690.HK) down more than 2%, JD.com (09618.HK) down 1.8%, Bilibili (09626.HK) a

Hong Kong stocks opened lower and fell throughout the day, with the Hang Seng Tech Index down 1% and the Hang Seng Index down 0.76%. Technology stocks fell, with Meituan (03690.HK) down more than 2%, JD.com (09618.HK) down 1.8%, Bilibili (09626.HK) and Alibaba (09988.HK) down more than 1%.
2025-06-19

Federal Reserve Chairman Powell: Artificial intelligence has transformative potential.

Federal Reserve Chairman Powell: Artificial intelligence has transformative potential.
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