Hong Kong Dollar Linked Exchange Rate System is again being debated? Goldman Sachs reveals the history, risks, and opportunities.

23/08/2025

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.

Hola! Cmo ests?

Mandatory Provident Fund rating: In August, the average person in Hong Kong is expected to earn HK$3,930.

Hong Kong Treasury Bureau's Paul Chan: Hong Kong's positioning on stable coins is clear and there are no opportunities for speculation.

Jackson Hole annual meeting signals global nerves, the Federal Reserve's interest rate cut decision is caught in a complex chess game.

Mandatory Provident Fund rating: In August, the average person in Hong Kong is expected to earn HK$3,930.

Hong Kong Treasury Bureau's Paul Chan: Hong Kong's positioning on stable coins is clear and there are no opportunities for speculation.

Jackson Hole annual meeting signals global nerves, the Federal Reserve's interest rate cut decision is caught in a complex chess game.