Great Exodus of Capital Begins In Hong Kong As Protests Drag On


As the protests in Hong Kong enter their 11th week with a massive rally on Sunday, more Hong Kongers are beginning to worry that their money isn’t safe any more, and a great exodus of capital has begun – an exodus that has challenged the Hong Kong dollar’s multi-decade standing peg to the greenback, just as hedge fund investor Kyle Bass bet would happen.

Learn More:
https://www.zerohedge.com/news/2019-08-18/i-dont-want-my-money-trapped-here-hong-kong-hit-capital-exodus-protests-drag

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