On January 30th, Jinshi Data reported that the Hong Kong Monetary Authority stated that the operation of the Hong Kong financial and [capital market] (#) is smooth, market liquidity is stable, and the Hong Kong dollar exchange rate is stable. The Hong Kong dollar's interbank interest rate generally tends to approach the US dollar interest rate under the linked exchange rate system, while the short-term interbank interest rate is also affected by local market Hong Kong dollar funds supply and demand, such as seasonal factors and capital market activities. It is expected that the Hong Kong interest rate may remain at a relatively high level for a visible period of time, while the magnitude and pace of future interest rate cuts in the United States are highly uncertain. The Monetary Authority will continue to closely monitor market changes and maintain monetary and financial stability.