Tag: china-hong kong

Bill Ackman Bets Big Against Hong Kong Dollar, Says Currency Peg Doomed to Break

Billionaire Bill Ackman said that his hedge fund Pershing Square Capital Management has taken a significant short position against the Hong Kong dollar and expects the currency’s peg to the U.S. dollar to break soon. Ackman shared Richard Cookson’s article, “Pressure on the Honk Kong Dollar Peg Keeps Building,” published on Bloomberg that talked about…


Under Increasing Political Pressure, 40 Percent of Hong Kong’s Teachers Intend to Leave Education Sector

After the Chinese Communist Party (CCP) forcibly implemented the Hong Kong National Security Law, the education sector in the financial hub has also become a target of “rectification.” Hong Kong teachers have been disqualified or dismissed in a series of incidents because of their remarks on their city’s political situation. An atmosphere of terror is in…