Concerns surrounding the Hong Kong dollar peg come at a time when the city plays an ever more important role for Chinese companies' dollar access. (Nikkei montage/Source photo by Getty Images)

Hong Kong dollar peg raises concerns as second Trump era begins

Currency link hurts city's economy, but Chinese corporates are making use of it

ECHO WONG

January 27, 2025 06:00 JST

HONG KONG -- As Hong Kong returns to the global top five for public offerings, propelled by Chinese companies seeking dollar funding outside the U.S., concerns are rising over the long-established Hong Kong dollar peg crucial for the listings.