Capital flight from Hong Kong “set to spike”
Wealthy individuals are increasingly shifting assets out of the city and considering moving themselves elsewhere too, amid rising sanctions and lost confidence, say financial advisers.
Hit by bad news on a variety of fronts, wealthy investors in Hong Kong are increasingly moving money out of the territory, financial advisers in the city have told AsianInvestor. And a growing number of people are considering heading for the exits themselves.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.