"Lexus" Leung resurfaces at Blackstone in Hong Kong

Blackstone has expanded its Asia-Pacific presence by opening its second office in the region. It has selected Hong Kong as the location for this office. In a statement that suggests its major ambitions, the office will be co-headed by the Hong Kong SAR's former financial secretary (a role that equates to finance minister in other jurisdictions). Stephen Schwarzman, Blackstone chairman, CEO and co-founder, says, ôWe believe that significant foreign direct investment in the Chinese econ…