Bill Ackman, manager and billionaire, said that he has held a large number of Hong Kong dollar options through a large number of names, and is in disguise.The exchange rate will also take off.The Hong Kong HKMA said that Hong Kong neither unintentionally changed the contact exchange rate system.

Akman on Thursday (November 24) in social media Twitter, saying that he believes that the contact rate system is no longer meaningful to Hong Kong. It is only a matter of time for Hong Kong dollar and the US dollar.

He sent another tweet to further pointed out, "Considering that in recent years, China and the United States are ridiculous, we believe that it is strange for maintaining HKD and US dollar to China."

According to Bloomberg, the Hong Kong Monetary Administration responded that Hong Kong neither had no intention of changing the contact rate system.

It is reported that the Hong Kong HKMA will not comment on Akman's tweet, but it means that the existing exchange rate system in Hong Kong has been in the face of large -scale capital flow operations after nearly 40 years.From time to time, questioning the exchange rate system is mostly based on misunderstandings of the system, or based on their own fund positions.

According to the Hong Kong Sing Tao Daily, the exchange rate of the Hong Kong dollar has continued to weaken since this year, and it has repeatedly fallen to the US dollar with a weaker exchange guarantee of $ 7.85.According to the report, according to the joint exchange mechanism, from May 12 this year, the HKMA has undertaken the Hong Kong dollar liquidation 40 times, totaling 2411.71 billion Hong Kong dollars (about $ 42.433 billion).The 100 billion mark was HK $ 96.977 billion.

The report also quoted Chen Weimin, vice president of Hong Kong Monetary Management Bureau, said on Wednesday (23) at the 2022 Financial Street Forum Annual Meeting that despite the outflow of funds, the market still maintains a high confidence in the exchange rate system.Chen Weimin also said that the overall loan event of the Hong Kong Bank has basically been flat this year, the banking system is stable, and the liquidity, capital adequacy ratio, and asset quality have remained healthy.

At 13:00 noon on Thursday, Hong Kong dollar rose 0.11%against the US dollar to a $ 7.8094 of a US dollar.