Expert commentary: Hong Kong’s storm before the calm – why reports that the city may be dethroned as Asia’s financial hub may be overplayed

This article was written by Andrew Kemp of Conventus Law in association with YK Chan, Kurt Lau and Bryan O’Hare, all partners with Hill Dickinson Hong Kong. It was published on the digital platform Conventus Leadership, a source for business leaders and lawyers with an interest in the Asia-Pacific region, on 7 September 2020.

In this article, Andrew Kemp, in discussion with Hill Dickinson, acknowledges Hong Kong’s recent challenges and uncertainty but examines why predictions that the Hong Kong economy will enter a tailspin and become permanently dethroned as a business mecca, may be premature. 

Two major issues are discussed; first, that the order and status quo resulting from the new national security legislation may in fact benefit business and, secondly, that continued heavy investment in Hong Kong by Chinese companies bodes well for the city’s future economic success.

Read the full article in Conventus Leadership  (7-minute read).

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