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Is the peg safe?

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  1. #111

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    Quote Originally Posted by aw451:
    Can we stay on topic, please. I'm not interested in some argument about which country / region / territory has the best / worst people.
    The peg is safe.

  2. #112

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    The massive amount in the exchange fund has already been mentioned, so I'd say good luck to anyone challenging the peg.

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  3. #113

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    If you have way too much time you can check out https://www.hkma.gov.hk/eng/key-func...-publications/

    Or "the total assets of the Exchange Fund amounted to HK$4,081.9 billion as at 31 May 2020" https://www.hkma.gov.hk/eng/news-and...06/20200630-3/

    MandM! and UniqueUserName like this.

  4. #114

    Join Date
    Nov 2014
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    458

    so update on the peg situation with Trump

    https://www.youtube.com/watch?v=M0i2-syeU-E


  5. #115

    Nothing new but a decent summary:

    https://www.scmp.com/comment/opinion...inst-hk-dollar

    Kowloon72 and shri like this.

  6. #116

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    So how much has Kyle Bass lost?


  7. #117

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    He was buying dollar calls, so however much he lost the IB traders were happily pocketing them since i doubt the traders will do much background hedges.. maybe just buying some delta which incidentally did went up in value over the last 1.5 years (for like 2 cents, in contrast to the 20 or 50c expectation stroke by KBass).


  8. #118

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    Mar 2021
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    I have no idea how it all works, but are there any risks to the peg with whats happening to the financial system in China?


  9. #119

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    Quote Originally Posted by Blowfish:
    I have no idea how it all works, but are there any risks to the peg with whats happening to the financial system in China?
    As of today, no issues. But no clue what will happen as we inch closer to an integrated GBA and all that...

  10. #120

    I am gonna create a GBD coin. Backed by Evergrande flats

    AsianXpat0 likes this.

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