Thursday, July 11, 2024
HomeopinionHong Kong, Singapore and the new China gateway

Hong Kong, Singapore and the new China gateway

There is a growing perception that Hong Kong is losing its allure as a gateway to and from China. One of the questions that analysts and economists are pondering is: To what extent can Singapore fill the emerging gaps?

Over the past three years, several reports point to international companies being forced to reconsider their future in Hong Kong. The Bank of America, J.P. Morgan, French liquor giant Pernod Ricard and hotel group Mandarin Oriental are among several that have either signalled they are reviewing their positions in the territory or have moved staff out, or both. Many banks and fund managers, in particular, have relocated some of their operations to Singapore.

Already a subscriber?

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

ST One Digital

$9.90$9.90/month

No contract

ST app access on 1 mobile device

Subscribe now

Unlock these benefits

All subscriber-only content on ST app and straitstimes.com

Easy access any time via ST app on 1 mobile device

E-paper with 2-week archive so you won’t miss out on content that matters to you

Join ST’s Telegram channel and get the latest breaking news delivered to you.

p.st_telegram_boilerplate:before {
display: inline-block;
content: ” “;
border-radius: 6px;
height: 6px;
width: 6px;
background-color: #12239a;
margin-left: 0px;
margin-right: 13px;
}

a.st_boilerplate {
font-family: “SelaneWebSTForty”, Georgia, “Times New Roman”, Times, serif;
}

RELATED ARTICLES
- Advertisment -

Most Popular