Hong Kong has always been a special case. It's designated as a special economic zone with China. It's got a high degree of autonomy, um, etc., etc., but now the US is treating Hong Kong pretty much as just another part of China.
We are living in a technological cold war where there is an iron curtain increasingly developing uh being drawn up between mainly China and the US. And what is clear to me is that increasingly uh Hong Kong is getting looped into mainland China. This I think may be net bad for the financial services sector in Hong Kong which relies on being a crossber hub not just of funds and financing as you know but also of talent and IP.
2w ago
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