Photo: US Navy
Hong Kong is growing… and fast.That’s part of the reason Pershing Square Management’s Bill Ackman made headlines yesterday when he announced a long bet on the Hong Kong dollar.
But Hong Kong is more than the subject of Ackman’s next big trade — it’s a booming economy with overwhelmingly accommodative monetary policy.
Ackman even goes so far as to call the region’s growth a “miracle.”
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