The Hong Kong industry suggests studying the reform of the Hong Kong dollar's linked exchange rate: expand the exchange rate fluctuation range and establish a "basket of currencies" anchoring mechanism.

date
04/08/2026
According to the Zhitong Finance APP, the Hong Kong government is conducting public consultations on the "2026 Policy Address." The Hong Kong Securities and Futures Professional Association (HKSFPA) has proposed policy recommendations, urging the authorities to align with the global trend of "de-dollarization" by incorporating the "reform of the Hong Kong dollar's peg system" into long-term policy research. Additionally, they suggest the establishment of an expert committee to explore the moderate expansion of the Hong Kong dollar's fluctuation range from 7.75 to 7.85, and to gradually establish a "basket of currencies" anchoring mechanism that includes the renminbi, euro, and gold.