Hong Kong predicted to be the world’s largest financial services centre by 2017

‘Here is the City’ recently wrote an article describing how the New York and Hong Kong financial services markets would outgrow London in four years. If this is the case, this has got to be some positive news for the Hong Kong financial services sector. The key arguments are sound enough with the article citing internationalisation of the RMB, economic growth in China and a more favourable regulatory environment. However, I think it doesn’t really take into account the challenges th

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