[sphinx]

Moving money from mainland China to Hong Kong as a hedge against political risk does not make sense. The God King Emperor Xi runs both.

[HYPOCRACY]

Hong Kong is a means of parking it until they can move it elsewhere.

[HYPOCRACY]

Actually the US runs Hong Kong banking. It is China’s only access to $. The US can cut them off from the dollar anytime it wants.

[delta7]

I will add what western MSM doesn’t report. China has encouraged its citizens to buy Gold for awhile, now in historic quantities. Wouldn’t it be nice to walk into a U.S. bank and buy Gold with your paper dollars?

“Major banks in CN have lifted various restrictions on gold investment and encouraged the public to purchase gold. And today’s PM markets data in China..”

https://finance.sina.com.cn/roll/2026-05-27/doc-inhzizpk9140628.shtml?cref=cj

[The Duke]

"Moving money from mainland China to Hong Kong as a hedge against political risk does not make sense."

Maybe it's being used as a staging point for some reason(?)