Experts predict that the Hong Kong dollar will continue to be weak in the short term.

On August 6, independent foreign exchange commodity analyst Lu Churen expressed in a written interview with reporters that the weak Hong Kong dollar is mainly due to two pressures: first, the persistently low Hong Kong dollar lending rate stimulates carry trade and increases selling pressure on the Hong Kong dollar; second, the US dollar index has been fluctuating upwards since early July, putting pressure on non-US currencies including the Hong Kong dollar.