HK policy address doubles down on China wealth focus
Investment experts were not surprised by chief executive Carrie Lam's policy address focus on China-focused wealth management, but some feel the goal to expand Reits is promising.
Hong Kong leader Carrie Lam’s 2020 Policy Address underlined the territory’s increasingly singular vision to deepen the integration of its markets with those of the mainland and better tap into growing wealth in southern China.
After a postponement of more than a month, Lam finally delivered the address on Wednesday (November 25). It was her longest to date, and it highlighted several financial market initiatives including relaxing restrictions for the listing of real estate inves…
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