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CCP critics like Guo Wengui, AKA Miles Kwok, say US sanctions against China may be too little, too late – Business
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Even as Beijing s grip tightens, Hong Kong maintains status as finance hub
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Companies in Hong Kong fear being crushed between China and US
Primrose Riordan and Demetri Sevastopulo
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Hong Kong/Washington | US business groups said a Biden administration warning about the risks of operating in Hong Kong has made life more difficult as they navigate a sweeping security crackdown by China.
Citing the introduction of a national security law in the Chinese territory last year, the US âbusiness advisoryâ on Friday warned of greater surveillance of commercial data as well as threats to freedom of information owing to Hong Kongâs clampdown on the previously free media.
Beijingâs security crackdown in Hong Kong has not driven foreign banks and other multinationals out of the financial hub.Â
Date
04/03/2021
Security token offerings (STOs), using blockchain technology, are going to transform capital markets and help strengthen Hong Kong’s status as a global financial centre. Opportunities for STOs are particularly strong in private equity and real estate, structured finance and debt offerings with a combined addressable market of US$7.5 trillion in Asia alone, according to experts from digital asset exchange HKbitEX, Deloitte and the University of Hong Kong in a white paper they have just published.
The paper, which identifies pain points of traditional capital raising channels faced by market participants, explains with case studies how STOs can address some of those issues.
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