Hong Kong's financial sector has grown post-2020 National Security Law, contrary to predictions of capital flight.
Hong Kong's financial sector has continued to grow post-2020 National Security Law implementation, contrary to predictions of capital flight, according to HKMA's Chief Executive, Eddie Yue. Over the past three years, private equity and hedge fund managers, as well as family offices, have increased by 24%. Total deposits in Hong Kong's banking system have risen by 21% over the past five years.
June 09, 2024
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