The city’s asset management industry thinks the new policy of no more hotel quarantine but three days of limited public activity is not perfect, but very good. Even so, the bigger moment to celebrate is when mainland China reopens.
Tag : hong kong asset management
Individual professional investors withdrew HK$420 billion ($53.5 billion) of assets from Hong Kong in 2021, while the growth of assets managed by other institutional investors was flat.
Another year of travel restrictions would severely test the patience of Hong Kong asset management professionals. But they still have faith in the huge potential of Hong Kong as a gateway for mainland China’s wealth.
