Li Jiachao: The linked exchange rate system is one of the key factors for Hong Kong's economic success and will continue to be maintained

ChainCatcher news, according to a report by Jinshi, Hong Kong 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 this will not change due to the escalation of geopolitical tensions.

However, Lee said that this does not mean that Hong Kong's financial system is entirely dependent on the peg system. In the future, Hong Kong will strengthen its leading position as a global offshore RMB business center and provide more diversified products to drive more trade. He expects to launch more RMB business products in the future, allowing overseas investors holding RMB to profit from them, and will also work to enhance the Hong Kong dollar-RMB dual counter model trading, allowing investors to purchase RMB-denominated stocks listed in Hong Kong using offshore RMB.