Hello friends! 😊
Have you heard about Hong Kong? It’s a special place where lots of people do business and trade. Recently, there’s been some big news about trade between different countries, especially involving the United States (US). This has caused some worries around the world.
But guess what? Darryl Chan, who’s a big leader at the Hong Kong Monetary Authority (that’s like Hong Kong’s money team! 💰), says that even though there are trade problems, Hong Kong’s money markets are doing just fine! 🌟
He said that the trade troubles might make things a bit bumpy in the long run, which isn’t great. But for now, Hong Kong’s financial markets are working normally. In fact, the Hong Kong dollar (that’s Hong Kong’s money 🏦) is even a little stronger than before! That’s because people are looking for safe places to keep their money.
The stock market (that’s where people buy and sell parts of companies 📈) in Hong Kong has had some ups and downs, but everything is still going smoothly. Mr. Chan also said that they’re keeping a close eye on everything to make sure all is okay.
So, even with all the trade fuss, Hong Kong’s money system is standing strong! 💪 Isn’t that cool?
Reference(s):
Hong Kong financial system operating smoothly amid US tariff turmoil
cgtn.com
