The city has pulled all stops in its budget with the aim of retaining its status as an international asset and wealth-management centre in the face of intensified competition from Singapore and geopolitical tensions between the US and China.
Middle Eastern investors are looking at Hong Kong to diversify their portfolios into Chinese assets. FinanceAsia looks at where money is being invested, and how the SAR’s complex crypto regulations could be holding the city back.
Hong Kong needs to increase attractiveness as an alt asset management hub, says new report hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.
An OFC is a collective investment scheme structured as a separate legal entity in the form of a company with variable capital established under Part IVA of the Securities and Futures.