Hong Kong CEO Donald Tsang offers Bill Ackman some investment advice, telling him he's going to...

|By:, SA News Editor

Hong Kong CEO Donald Tsang offers Bill Ackman some investment advice, telling him he's going to lose a lot of money betting on a revaluation of the HK dollar. The peg is a "very important underpinning to HK growth and monetary stability, and we are not going to change." One thing is certain, revaluations don't happen during recessions.