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Bill Ackman bets Hong Kong dollar peg can break

December 8, 2022 by elenahaddock32 Leave a Comment

SINGAPORE, https://fex.net/ Nov 24 (Reuters) - Billionaire investor Bill Ackman said he's betting the Hong Kong dollar can fall and said it's matter of time before its peg to the U.S.dollar breaks. "We have a large notional short position against the Hong Kong dollar through the ownership of put options," he said on Twitter. "The peg no longer makes sense for Hong Kong." The … [Read more...] about Bill Ackman bets Hong Kong dollar peg can break

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