A report recommends the Hong Kong business community use collective lobbying to communicate their concerns to Hong Kong authorities.
which was established in 1983 and paved the way for open capital flows in and out of the city. It's very unusual for one country to have two separate currencies, and the end of "one country, two systems" raises new questions about the long-term future of Hong Kong's currency.
Though still unlikely, removing the U.S. peg and replacing it with a peg to the renminbi could result in capital controls being placed on Hong Kong, reducing its viability as a financial center.as both the U.S. and Beijing implement sometimes-contradictory sanctions that apply to Hong Kong businesses. For example, China's new anti-foreign sanctions law could in theory punish businesses for abiding by U.S. sanctions.
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