TRENDING There is no need to move money out of Hong Kong: Ex-HKMA head

TRENDING

There is no need to move money out of Hong Kong: Ex-HKMA head

People's Daily app

22:52, June 23, 2020

Joseph Yam Chi-kwong, former chief executive of the Hong Kong Monetary Authority, says there is no need to move money out of Hong Kong, at a time when some some people’s confidence has been shaken by the new Hong Kong national security law.

“Hong Kong’s capitalism is basically among the best, and is the world’s freest economic system,” he said. “The Hong Kong dollar did not weaken and even strengthened, and the market told you that the international sector is not concerned about this.”

 

 


Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue