Iron Skillet, come on, don't sell yourself short, and maybe, do the same for others. The attitude will bite you eventually.
As for a change in the peg of the HKD to the USD, it's a long shot. Achman (a trader) has always made a ton of noise He looses as much as he makes. He's an activist guy. This big article about changing the peg ratio is being pushed from him and tactful use of the media, perception is, he's buying big in HKD. The hedge fund manager does have a history of some serious wins.
Achman is talking a 30% increase in the HKD value vs the USD. Makes you wonder what is happening in the background, likely won't happen anytime soon, but then again, look at the Swiss Franc. That all went down in seconds.
My perception of local HK government, act slow, hesitate, do nothing, as it's an easy decision that doesn't jeopardize the future prospects of the individual making the decision, protecting his government career climbing, sad really.
Maybe some expertise consultants should be hired to do their own report the advantages and disadvantages to keeping or changing the peg ratio.
Ackman? He always makes a ton of noise. Loses as much as he makes. Activst guy. Thinks HKD can appreciate 30%. Would be nice… Don’t think will happen any time soon.