31. Investors worry that a possible U.S. interest rate hike would be matched locally because the Hong Kong dollar is pegged to the U.S. currency. 32. Local investors closely follow U.S. rates as the Hong Kong dollar is pegged to the U.S. dollar. 33. Since the Hong Kong dollar is pegged to its U.S. counterpart, any devaluation in the American currency lowers the value of Hong Kong stocks. 34. The Hong Kong dollar is pegged to the U.S. currency, and any increase in U.S. interest rates is usually followed by a similar increase in Hong Kong. 35. The Hong Kong dollar is pegged to the U.S. dollar and any increase in U.S. interest rates is usually followed by a similar rise in the territory. 36. The Hong Kong dollar is pegged to the U.S. dollar, the last surviving peg in a major Asian economy. 37. The Hong Kong market tracks U.S. interest rates more closely because its dollar is pegged to the U.S. currency. 38. The Hong Kong dollar is pegged to the U.S. currency and any change in U.S. interest rates usually results in a similar change in local rates. 39. The Hong Kong dollar is pegged to the U.S. dollar and has stayed stable, making the territory a more expensive destination. 40. The Hong Kong market tends to follow interest rate movements in the United States because the Hong Kong dollar is pegged to the U.S. dollar. |