#Newspaper
Japanese Brokerage SBI Weighs Leaving Hong Kong Amid Turmoil
//Japan’s biggest online brokerage is considering pulling out of the city by as soon as March on the view that the recently enacted national security law has eroded its attraction as a financial center
//SBI’s stance reflects growing concern among international companies that the new law will diminish Hong Kong’s autonomy and fuel tensions between China and the U.S. More than a third of Japanese firms operating in the city are either reviewing their presence there or thinking about doing so
Full article: Bloomberg, (09-Sep)
#FinancialHub #brokerage #SBI #NationalSecurityLaw
Japanese Brokerage SBI Weighs Leaving Hong Kong Amid Turmoil
//Japan’s biggest online brokerage is considering pulling out of the city by as soon as March on the view that the recently enacted national security law has eroded its attraction as a financial center
//SBI’s stance reflects growing concern among international companies that the new law will diminish Hong Kong’s autonomy and fuel tensions between China and the U.S. More than a third of Japanese firms operating in the city are either reviewing their presence there or thinking about doing so
Full article: Bloomberg, (09-Sep)
#FinancialHub #brokerage #SBI #NationalSecurityLaw