Hong Kong undergoes 'entire market rethink'By James King
September 6, 2023
Hong Kong is revamping financial market rulebooks, creating new investment corridors with China, and capitalising on deep offshore renminbi liquidity pools as it looks to reinvent itself in the post-pandemic era.
The city state is fighting for its reputation as a financial centre following years of onerous Covid-19 ...
Large banks operating in Hong Kong will likely merge with smaller deposit-taking companies after the banking regulator issued the latter an ultimatum: boost capital levels or exit the market. Efforts...Read more