FX is relative term. When we say 人仔, it is always refer to CNYHKD FX Rate. As HKD is pigged with USD, so CNYUSD up / down of coz is same as CNYHKD up/down.
If you look at EURCNY, you will see CNY is down by almost 10% from Jan.
In general, the USD is weakened a lot after the dovish speech from Fed. Seems there is only one rate hike this year + balance sheet cut from Sep. On the other side, other central bank has started to blow the rate hike.
So personal view: the USD "up" trend has been changed. Now it is no harm to long a bit other currency like cny/eur/gbp etc (but no jpy).