China revealed details of a sweeping law it plans to impose on Hong Kong. Overriding the territory ‘s constitution and prompt threat of US retaliation. The Law would bar activities of foreign and external forces to interfere in Hong Kong ‘s affairs. Critics say it will effectively erase the country, two systems- framework that is meant to grant Hong Kong a high degree of autonomy.

The HKD is pegged, will this peg finally break? long 1Y ATM vol?discuss…

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