A 5th of hong kongs g. D. P. So losing billions of dollars is especially to a rival Financial Hub is going to put a dent in their reputation as well and was still in their financial standing as well with lowering its Credit Rating for hong kong now meanwhile over here in singapore all Wealth Consultants are receiving an unprecedented number of inquiries from wealthy families in hong kong to not just move their money but themselves and their families to singapore and its understandable a lot of 8 all of these asian same wealthy asian families off hearing for the stability all their money in an unstable city well if the the situation in hong kong comes down is it likely that the money will flow back. Well the fact that a lot of these clients are looking to start moving their money or we shows that the looking for hong kong to suffer for quite a long time but theres another reason why hong kong wealthy families are upset and thats because of the possibility that home kong might change the
A very big deal because you know Financial Services actually make up a 5th of hong kongs g. D. P. So losing billions of dollars especially to a rival Financial Hub is going to put a dent in their reputation as well and was still in the financial standing as well with lowering its Credit Rating for hong kong now meanwhile over here in singapore all Wealth Consultants are receiving an unprecedented number of inquiries from wealthy families in hong kong to not just move their money but themselves and their families to singapore and its understandable a lot of 8 all of these asian fam wealthy asian families are feeling for the stability all their money in an unstable city well if the the situation in hong kong comes down is it likely that the money will flow back. Well the fact that a lot of these clients are looking to start moving their money or we shows that the looking for hong kong to suffer for quite a long time but theres another reason why hong kong wealthy families are upset and t
A very big deal because you know Financial Services actually make up a 5th of hong kongs g. D. P. So losing billions of dollars especially to a rival Financial Hub is going to put a dent in their reputation as well and was still in the financial standing as well with that you know winning its Credit Rating for hong kong now meanwhile over here in singapore all Wealth Consultants are receiving an unprecedented number of inquiries from wealthy families in hong kong to not just move their money but themselves and their families to singapore and its understandable a lot of 8 all of these asian Family Wealth even families are feeling for the stability all their money in an unstable city but if the the situation in hong kong comes down is it likely that the money will flow back. Well the fact that a lot of these clients are looking to start moving their money always shows that the looking for hong kong to suffer for quite a long time but theres another reason why hong kong wealthy families a
Make. Monica, it was fantastic having you on the show today. Dagen, you are all by your self. Dagen i know, charles. It is the best investment you can make with someone elses money. Thank you so much. Take care. The northeast now seeing the beginning of white out conditions that are expected to last well into tomorrow. Schools and businesses closing. The impact on our economy and stock market today. We take you from miami all the way to los angeles. A rebound in the Housing Market. Buyers no longer in the drivers seat. Inventories are tight and home prices are finally going up again. Right now it is about stocks. Stocks now and every 15 minutes. Nicole i was watching 14,000. We are at 14,002. Last friday we had the new high at 14,009. It will be interesting to see whether or not we get near that close and take it out. We are up about 60 points on the Dow Jones Industrials. I have to tell you, majority of the names on the dow have of arrows. Back to you. Dagen thank you so much. Bracing
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