Bill Ackman Reveals Short Position Against Hong Kong Dollar: 'Only Matter Of Time Before Peg Breaks'

Bill Ackman Reveals Short Position Against Hong Kong Dollar: 'Only Matter Of Time Before Peg Breaks'

Billionaire investor and founder of Pershing Square Holdings, Ltd. (OTC: PSHZF) Bill Ackman has revealed he has a large notional short position against the Hong Kong dollar saying the currency’s peg to the dollar no longer makes sense.

“We have a large notional short position against the Hong Kong dollar through the ownership of …

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