Hong Kong’s place in the world relies on having the rule of law, a trusted reputation and seamless access to Western markets
America have begun the fraught business of disentangling their financial systems. Chinese firms with shares listed in New York have rushed to float in Hong Kong, too, after the White House signalled they are not welcome on Wall Street. The latest is NetEase, a Chinese gaming firm that began a $3bn listing this week. But now Hong Kong itself, the world’s third-biggest international financial centre, has become a geopolitical flashpoint.
Hong Kong’s place in the world depends on having the rule of law, a trusted reputation and seamless access to Western financial markets. Other Chinese cities have big stock exchanges: shares listed in Shanghai and Shenzhen are together worth a lot more than those in Hong Kong. But neither has fair courts, an independent central bank, free movement of capital or a mix of Western and Chinese firms. These foundations are the basis for $9.
The good news is that so far there is no sign of capital flight. Hong Kong’s vast deposit base has been stable in recent weeks, say its bankers. Investors are reassured by its $440bn or so mountain of foreign reserves and a long record of capable financial management. The rush of Chinese listings will bring in new cash and drum up business in the city.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Britain to change immigration rules if China imposes security law on Hong Kong, Johnson saysThe United Kingdom is prepared to change its immigration rules if China imposes a national security law on Hong Kong, British Prime Minister Boris Johnson said on Wednesday in an op-ed for the South China Morning Post.
続きを読む »
China Spotlights U.S. Unrest in Pushback to Criticism on Hong KongBeijing is calling attention to unrest in the U.S., the police response and President Trump’s call for a tougher crackdown on protesters to highlight what it regards as American hypocrisy.
続きを読む »
UK to change immigration rules if China imposes security law on Hong Kong, Johnson saysThe United Kingdom is prepared to change its immigration rules if China imposes a national security law on Hong Kong, British Prime Minister Boris Johnson said on Wednesday in an op-ed for the South China Morning Post.
続きを読む »
China Trumpets Trump’s Attacks on American Protests to Counter Criticism on Hong KongBeijing is calling attention to unrest in the U.S., the police response and President Trump’s call for a tougher crackdown on protesters to highlight what it regards as American hypocrisy.
続きを読む »
Trump’s Protest Response Hands Propaganda Win to China on Hong KongU.S. President Donald Trump’s heavy-handed response to George Floyd protests has given China’s propaganda machine invaluable fodder to slam the U.S. for hypocrisy in its support of anti-gover…
続きを読む »
3 Million Hong Kong Residents Could Be Offered U.K. Citizenship Amid China StandoffPrime Minister Boris Johnson said Britain is considering providing a route to British citizenship for nearly three million Hong Kong residents, as the U.K. escalates a standoff with China.
続きを読む »