Exchange System

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Increasing pressure on Hong Kong's linked Exchange system

Although the HKMA has repeatedly stated that it will stick to the pegged exchange rate system.  But expectations of a stronger renminbi are now strong and investors are buying up Hong Kong dollar calls, and expectations that policymakers will be forced to abandon the peg have soared. At present, the implied exchange volatility in one-year period is 0.63%, while the peak of November 20 last year was 1.43% and the average for the past ten years was 1.3%.  Last year, the Hong Kong Monetary Authority was forced to sell more than HK $480 billion to prevent its currency from appreciating. Feng Xiaozhong, general manager of Hang Seng Bank and head of finance and investment, said that with the RMB ...

Internet of things connected with animals, out of line purchase transfer to the line

February 25 News, the Internet of things with animals linked, at this stage people's purchases have been gradually from outside the offline purchase transfer to the line. With the improvement of the electricity Exchange system, people's trust to the electric quotient is gradually improved. In the past two years, with the promotion of large data and mobile clients and network speed, people's buying habits have changed gradually. People used to talk about the pros and cons of online shopping and now, online shopping has formed a joint system. The advent of the Internet of things the two-line shopping will be integrated nowadays, the user experience is to occupy the market proportion ...

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