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Its currency called the Hong Kong dollar is legally issued by three major international commercial banks and is pegged to the US dollar. Governance advocate and board member David Webb said that the government was the second-largest single investor in the Hong Kong market after Beijing with a portfolio of local equities estimated to be worth about HK150 billion.
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Many believe that the biggest threat to the Hong Kong Market is the global trade war between the US and China which Hong Kongs economy highly relies on.
. Hong Kong Exchanges and Clearing Limited. Savills Hong Kong is the leading service provider of local and international property. The economy of Hong Kong is a highly developed free-market economyIt is characterised by low taxation almost free port trade and a well-established international financial market.
Connect our property agent now. This may make Hong Kong an unattractive market for some investors. Interest rates are determined by the individual banks in Hong Kong.
Our real estate agent helps you to buy all types of property such as residential commercial international industrial property and many more. Hong Kong acts as a middleman in international trade which makes it the most vulnerable economy as the trade ties get worse.
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