The Hong Kong Monetary Authority acts as HK's central bank.
- Says money markets are operating smoothly, there is ample liquidity
- the HKD exchange rate and HK interest rates remain steady
The HKD is linked ('pegged' in a band) to the US dollar so changes from the Fed impact on the HKMA and HKD. The Fed is on hold though thus the steady comments.
In the long-term chart below you can see the band in operation (7.75 to 7.85 on an 'I am Captain Obvious' basis):
If the HKD hits the edge of the band the HKMA intervenes (usually via liquidity add/drain, although they will directly intervene in USD/HKD some times) to ensure stability of the peg.
