December 2, 2022

Billionaire investor Ackman bets Hong Kong greenback peg can

Reuters

China COVID cases steady as many Beijing businesses

Article content material

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…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *