There seemed to be a HUGE fund / speculator or GROUPS attacking the HKD vs USD peg This act is affecting the Hong Kong stock market now

This remind us of 1997 currency crisis in HK In 1997, HK government ( Chinese government ) defended the currency and mananged to fight off Soros

Maybe not this time as Chinese MIGHT hope that HKD be peg to RMB instead We need to monitor this situation .. as it might derail the region's financial stability