bullish
SKHP, MTR and Henderson Land
SUMMARY
- Here comes HIBOR. Its rise is likely to accelerate and brake illusions of stability brought by the Fixed Exchange Rate.
- While countries have been able to adjust to the economic environment through changes in monetary policy and depreciating currency, Hong Kong fixed exchange rate means the cost of adjustment has to be absorbed elsewhere.
- Asset prices and HIBOR are the safety valve to adjust the imbalances due to fixed exchange rates with no capital control.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x