SDRF organized the 59th Seminar Series on "How to Deal with the Impact of Sanctions on Hong Kong's Status as an International Financial Center" on Aug 5.
The experts discussed these questions: What impact will the sanctions have on the status of the Hong Kong dollar and Hong Kong's status as an international financial center? How to deal with the extreme situation of a large exchange rate depreciation and a massive outflow of Hong Kong dollars? Should we still stick to the linked exchange rate system? Do we have the means of prevention, hedging, and countermeasures?