Log in

New!

Hong Kong Dismal, No Depeg

The state of the economy is as bleak as ever. Chinese travel to Hong Kong has not recovered, local retail and services activity is still decimated - and of course the bigger story in the background is the ongoing property bust, with the sector weighed down by valuations, debt levels and yield gaps for many years to come.

There's nothing wrong with the peg, though. We keep getting questions on the fate of the Hong Kong dollar peg, but we want to stress that (i) Hong Kong still maintains strong peg discipline, and (ii) China has zero interest in displacing the HKD with the renminbi. 

Hong Kong Dismal, No Depeg (Webcast)

Hong Kong Dismal, No Depeg (PDF)

Monthly Chartbook

Our monthly guide to emerging markets by charts and data.

EM Monthly Chartbook (February 2024)

China Chartbook

Our monthly guide to China by charts and data.

China Monthly Chartbook (February 2024)

Frontier Chartbook

Our quarterly guide to frontier markets by charts and data.

EM Frontier Chartbook (2024 Q1 Edition)

Annual Chartbook

Our annual guide to emerging markets by charts and data.

EM Annual Chartbook (2023 Edition)

Corporate Chartbook

Our semi-annual guide to EM listed corporate trends by charts and data.

EM Corporate Charbook (2022 Edition)