Deep Tide TechFlow News, on June 9, according to Jinshi Data citing Hong Kong Commercial Daily, Chief Executive John Lee recently stated that Hong Kong will maintain the peg of the Hong Kong dollar to the US dollar, which is one of the key factors for the success of Hong Kong's economy, and it will not change due to the escalation of geopolitical tensions.
However, Lee said this does not mean that Hong Kong's financial system is completely reliant on the peg system. In the future, efforts will be made to strengthen Hong Kong's leading position as a global offshore renminbi business center and to provide more diversified products, thereby driving more trade. He expects to launch more renminbi business products in the future, allowing overseas investors holding renminbi to profit, and will also work to enhance the dual-counter model trading of Hong Kong dollar and renminbi, allowing investors to purchase renminbi-denominated stocks listed in Hong Kong using offshore renminbi.