Hong Kong Dollar Linked Exchange Rate System is again being debated? Goldman Sachs reveals the history, risks, and opportunities.
Goldman Sachs analyst Sun Lu emphasized that the current decoupling of the Hong Kong dollar is not the baseline scenario. After all, in the context of the depreciation of the RMB, decoupling will only intensify financial market volatility. However, it is necessary to be vigilant against the escalation of discussions on this topic in the local market in order to prevent emotions from triggering market turmoil.
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