HONG KONG: The Hong Kong dollar’s decades-old peg to the US greenback could be at risk, analysts warned Wednesday, as local stocks took another pummeling in an Asia-wide rout.
Shares on the Hang Seng Index plunged 3.77 percent to near four-year lows in the morning session on fears over the health of the Chinese economy and weak oil prices, with mainland-linked chips taking a hammering.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.