The Japan Times<p>A rate divergence between the U.S. and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on. <a href="https://www.japantimes.co.jp/commentary/2025/01/15/hong-kong-dollar-peg/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/commentary/20</span><span class="invisible">25/01/15/hong-kong-dollar-peg/?utm_medium=Social&utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/commentary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>commentary</span></a> <a href="https://mastodon.social/tags/hongkong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hongkong</span></a> <a href="https://mastodon.social/tags/us" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>us</span></a> <a href="https://mastodon.social/tags/usdollar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usdollar</span></a> <a href="https://mastodon.social/tags/interestrates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>interestrates</span></a> <a href="https://mastodon.social/tags/currencies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currencies</span></a> <a href="https://mastodon.social/tags/hongkongdollar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hongkongdollar</span></a> <a href="https://mastodon.social/tags/fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fed</span></a></p>