In the past two days, the New Taiwan Dollar has skyrocketed, and the Hong Kong Dollar has also strengthened significantly. Due to the strong exchange guarantee of the Hong Kong dollar, the Hong Kong Monetary Authority sold a total of HKD 116.6 billion last Friday and Monday. The largest single day US dollar purchase operation by the Hong Kong Monetary Authority since 2004, and the first such intervention by the Hong Kong government since October 2020.