With its lower costs, growing liquidity, favourable policies and proximity, city’s market has clear advantages over the US, Jacky Leung says
In the Capital Connectors series, exclusive interviews with six influential Chinese and global bankers reveal the opportunities and challenges for Hong Kong in its evolution as an international financial hub.
Hong Kong has become the fundraising venue of choice for Chinese technology giants, surpassing the US thanks to growing liquidity, market reforms and proximity to their home market, according to a senior banker at Goldman Sachs.
With Chinese technology firms being a clear focus of international investors and expanding globally, Hong Kong would continue to be a “big beneficiary”, said Jacky Leung, the bank’s head of Hong Kong coverage and co-chief operating officer of the technology, media and telecom group for Asia excluding Japan.
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