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re: the earlier BBG source report on......>

HONG KONG
HONG KONG: re: the earlier BBG source report on some U.S. administration
officials being keen to try and undermine the USD/HKD peg, CIBC note that
"undermining the peg presumably might mean limiting liquidity or USD access in
some fashion. How that could be done without disruption to wider financial
market operations and thus hurt the U.S. and others is not clear - but is very
likely to make this undoable and an unlikely option for the U.S.
administration."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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