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According to a report from Hong Kong Commercial Daily cited by Jin10, on June 9, Chief Executive John Lee recently stated that Hong Kong will maintain the linked exchange rate of the Hong Kong dollar to the US dollar, which is one of the key factors for the success of Hong Kong's economy, and it will not change due to escalating geopolitical tensions.
However, Li Ka-chao stated that this does not mean that Hong Kong's financial system is entirely dependent on the linked exchange rate system. In the future, it will strengthen Hong Kong's leading position as a global offshore RMB business center and provide more diversified products to drive more trade. He expects to launch more RMB business products in the future, allowing overseas investors holding RMB to profit from them, and will also strive to strengthen the HKD-RMB dual counter model trading, allowing investors to purchase RMB-denominated stocks listed in Hong Kong with offshore RMB.