Will inevitably have a bad influence on the image of China. Mainland residents who want to go to Hong Kong must hold Hong Kong and Macao Pass and valid endorsement (valid endorsement must be made in advance) before they can go to Hong Kong. Travel endorsement stays for up to 7 days at a time.
It has something to do with the promises of "one country, two systems" and "Hong Kong people ruling Hong Kong". In addition, Hong Kong is a window with a freely convertible currency, the Hong Kong dollar, which makes the RMB and foreign currencies linked (before the RMB is converted into a basket of currencies), so it has not been cancelled.
It makes sense to have Hong Kong dollars as a freely convertible currency. For example, we can open an international stock trading account in Hong Kong and speculate in many countries' stocks. Now we can go to Hong Kong and open it.
If you don't have Hong Kong dollars, you have to go to Southeast Asian countries. In fact, Hong Kong dollars are much better than RMB. There are too few RMB investment channels and too many Hong Kong dollar investment channels.
This incident is actually the result of careful consideration by our country. The main reason is that in order to maintain the prosperity and stability of Hong Kong, considering the historical reasons experienced by Hong Kong, Hong Kong is allowed to implement the Hong Kong dollar, which has become the legal tender of the Hong Kong Special Administrative Region.
Extended data:
Hong Kong is the third largest financial center in the world after new york and London, which makes Hong Kong dollar one of the currencies with sound system and stable value. Although the history of issuing Hong Kong dollars is not long and the region is not large, its development is representative to some extent.
The vast majority of Hong Kong dollar banknotes are issued by three note-issuing banks under the supervision of the Hong Kong Monetary Authority. The three note-issuing banks include HSBC, Standard Chartered Bank and Bank of China, and the new purple ten-dollar note is issued by the Hong Kong Monetary Authority.
Coins are issued by the monetary authorities. Since 1983, Hong Kong has established a linked exchange rate system linking the issuance of Hong Kong dollars to the US dollar. Note-issuing banks issue any amount of Hong Kong dollars.
US dollars must be submitted to HKMA at the exchange rate of HK$ 7.80 to US$ 65,438 +0 and credited to the Exchange Fund account before printing money. In this way, the US dollars held by the Exchange Fund provide support for the stability of Hong Kong dollar banknotes.
Nowadays, the communication between Hong Kong and the Mainland is getting closer and closer, especially with the vigorous development of tourism, many people will go shopping in Hong Kong.
One country, two systems, different management and different currencies. For example, Macao also has its own currency.
But now Hong Kong also accepts RMB, but the exchange rate is 100 RMB = 1 15 Hong Kong dollars (posted in the supermarket).
Baidu Encyclopedia-HKD