Bill Ackman’s latest short is a ‘smart lottery ticket’ bet against the Hong Kong dollar – here are 7 of his biggest trades
December 05, 2022 at 02:17 AM EST
Bill Ackman is betting against the Hong Kong dollar's peg against the greenback for his latest trade. "We have a large notional short position against the Hong Kong dollar through the ownership of put options," the billionaire investor tweeted last week. "The peg no longer makes sense for Hong Kong … Source