'Occupy' could hurt HK's status as wealth hub
Singapore – already close to matching Hong Kong as a wealth centre in terms of assets – could be getting a boost as a result of the recent protests, argues Scorpio Partnership.
With Hong Kong’s political situation still very much up in the air, an exacerbation of political tensions could see Singapore rise above its regional competitor as Asia’s main financial hub, argues Scorpio Partnership.
The protests that began on September 26 had a significant impact on the Hong Kong’s financial district. They prompted several banks to shut branches, enhance security and ask staff to work remotely. The financial district was quick to report business as usual and pl…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.