The financial institutions and the CCP need it to keep going up to keep their leverage hsme up. 

Hence, my hypothesis, the peg would be the first casualty. Sneaky but useful, as man on the street would not understand the implications 

HK property has been overvalued since forever. 

https://youtu.be/hLrFyjGZ9NU

econ

Play stupid games by blowing up bubbles and win stupid prizes. 

If I have to guess, within next five years the Hong Kong government will break the current peg (7.8) of USD/HKD and calibrate it upward, however marginally, just as a soft rescue of some troubled loans 