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Hong Kong’s ‘superconnector’ role key as geopolitics reshapes capital flows, says banker
Bank of China executive says Hong Kong's superconnector role is key as geopolitical uncertainty drives investor demand for alternatives
Key points
- A senior Bank of China executive said on Tuesday that Hong Kong is poised to play a bigger role for global investors.
- Geopolitical uncertainties are reshaping capital flows and driving demand for alternative markets and asset classes.
- Hong Kong's financial centre status, mainland China links and offshore yuan market underpin its role, the source says.
Why it matters. Hong Kong's role as a link between mainland China and global markets could matter more to investors diversifying their portfolios, the executive said.
A senior Bank of China executive said on Tuesday that Hong Kong is poised to play a bigger role in helping global investors diversify portfolios. The executive tied this to geopolitical uncertainties that are driving demand for alternative markets and asset classes. Hong Kong's status as an international financial centre, its mainland China links and its offshore yuan market underpin that role.
Latest updates
Hong Kong’s ‘superconnector’ role key as geopolitics reshapes capital flows, says banker
Hong Kong is poised to play a bigger role in helping global investors diversify their portfolios as geopolitical uncertainties reshape capital flows and drive demand for alternative markets and asset classes, a senior executive from Bank of China said on Tuesday. The city’s position as an international financial centre, its links between mainland China and global markets, and its offshore yuan mar.
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