December 2, 2022

Billionaire investor Ackman bets Hong Kong greenback peg can


China COVID cases steady as many Beijing businesses

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SINGAPORE — Billionaire investor Invoice Ackman mentioned he’s betting the Hong Kong greenback will fall and that its peg to the U.S. greenback can break, the most recent huge cash supervisor to take a public brief guess as U.S. charge hikes flip the blowtorch on Hong Kong’s foreign money system.

“We have now a…

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