HK’s Link to US Dollar – Here to Stay or Time for a Rethink?

HK’s Link to US Dollar – Here to Stay or Time for a Rethink?

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Speaker:

John Greenwood, Chief Economist, Invesco Ltd.

 

Hong Kong’s Link to the US Dollar – Here to Stay or Time for a Rethink?

Since its introduction in 1983, Hong Kong’s dollar peg to the US dollar has helped create a stable exchange rate environment to allow the city to flourish as an international financial centre. It withstood the stock market crash in 1987, the Asian financial crisis in 1998, the SARS outbreak in 2003, and the global financial crisis in 2008, but will the recent political unrest in Hong Kong and the ongoing US China trade dispute create an economic environment that will end this currency board scheme?

Join us to hear from John Greenwood, the original architect of Hong Kong’s dollar peg and current Chief Economist of Invesco for his thoughts.

 

About the speaker

Based in London, John is Chief Economist of Invesco Ltd. with responsibility for providing economic analysis and forecasts to Invesco portfolio managers and clients. 

John started his career in 1974 as a visiting research fellow at the Bank of Japan. He joined the investment industry later that year as Chief Economist for GT Management, based initially in Hong Kong and then in San Francisco. As editor of Asian Monetary Monitor in 1983, he proposed a currency board scheme for stabilising the Hong Kong dollar that is still in operation today. In the 1990s John was a director of the Hong Kong Futures Exchange Clearing Corporation, a council member of the Stock Exchange of Hong Kong, and an economic adviser to the Hong Kong Government. In 1998, John joined Invesco and became a member of the Committee on Currency Board Operations of the Hong Kong Monetary Authority. He is also a member of the Shadow Monetary Policy Committee in England while simultaneously serving on the board of the Hong Kong Association.

John holds an MA from the University of Edinburgh, and an Honorary PhD, also from the University of Edinburgh.

 


Pricing

  • Member: HK$450
  • Non-Member: HK$570
  • Y-Network Member: HK$360
  • Start-up Member: HK$360

 

Terms & Conditions

  • Reservations in advance are required. Please consider your booking confirmed unless notified otherwise.
  • Business Attire is required. No jeans or sports shoes.
  • Cancellations must be made in writing 24 hours prior to the event. No shows will be charged.
  • This event is closed to the media.
  • The event will be cancelled if the No.8 Typhoon signal or the Black Rain Storm warning is in force.
  • By attending this event, you agree to be photographed and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
  • For further information please email [email protected]
  • All payments for this event need to be settled by credit card through PayPal. Please note you do not need a PayPal account to complete payment.
When
1/10/2020 8:00 AM - 9:30 AM
China Standard Time
Where
The Clipper, The American Club, 48/F Two Exchange Square, Central
Registration not available.

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