Recently, the financial markets in Hong Kong have experienced significant changes. One of the most notable events has been the sharp decline in financing costs in Hong Kong dollars $HKDUSD, reaching levels not seen since 2008. This event coincided with proactive measures by the Hong Kong Monetary Authority (HKMA) aimed at maintaining the stable peg of the Hong Kong dollar to the US dollar.
Recently, financial markets have been witnessing significant changes in the monetary policies of various countries. One of the key events was the decision of the Hong Kong Monetary Authority (HKMA) on Thursday to keep the base interest rate unchanged at 4.75%. This move reflects the overarching trends occurring in the United States.