Mainland Chinese Draining Hong Kong ATMs of USD

Mainland Chinese are still rushing into Hong Kong to get dollars.

ZH: Chinese Stocks Tumble As Hong Kong Officials Monitor Surge In ATM Withdrawals
“The HKMA is aware of media reports about people using multiple mainland cards to withdraw cash at ATMs in Hong Kong,” the central bank said in a statement, adding that it was “monitoring the situation and is in discussion with the banking industry and the police about this issue”.
Reuters: Hong Kong on alert as ATM withdrawals surge
Cash withdrawals at Hong Kong ATMs have surged, prompting scrutiny from monetary authorities, the banking industry and police amid media reports that mainland Chinese are withdrawing hundreds of thousands of dollars using up to 50 cards at a time.
This comes on the heels of bankers begging for cash in WeChat.

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