Hong Kong Financial Secretary Chan comments:

  • not worried about US sanctions
  • China stands ready to defend exchange rate system
  • market still has confidence in exchange rate system
  • we have a contingency plan for US actions
  • we should not speculate too much
  • 'sure' the dollar peg will stand
  • there's adjustment in relations between HK< US
  • banks in Hong Kong see the merit of national security law
  • overall, reaction to security law has been positive
  • security law won't affect ordinary business people
  • other financial centers have national security laws
  • national security law is a good thing for Hong Kong

Bolding mine above.