Yu Weiwen: There is uncertainty in the outlook for US interest rates, and the real estate market will remain stable
The Chief Executive of the Hong Kong Monetary Authority, Yu Weiwen, stated that there is considerable uncertainty in the trend of US interest rates, and the public should carefully manage interest rate risk when making financial decisions. The spread between the Hong Kong dollar and the US dollar is expected to widen, and arbitrage trading activities may lead to a gradual weakening of the Hong Kong dollar. Yu Weiwen expects the real estate market to show a stable trend. The Hong Kong Monetary Authority will continue to monitor the market and maintain monetary and financial stability.