Why licensing rules could hamper Hong Kong’s PE plans

Hong Kong still aspires to become a fund services hub, even as the city's prolonged social turmoil hurts its economy and tarnishes its financial status. But licensing issues could yet hold it back. At Monday's meeting of the Legislative Council's Panel on Financial Affairs, James Lau, Hong Kong’s secretary for financial services and the treasury, restated the government's plans to institute a new limited partnership regime soon. Scott Peterman  According to Scott Peterma…