Hong Kong's wealthy investors stay put with crisis plans ready

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HongKong's wealthy investors stay put with crisis plans ready

Whether the sanguine outlook will last is anyone's guess, especially with Hong Kong caught in the crossfire of an intensifying clash between China and the US. But the upshot since June has been a strong Hong Kong currency, a resilient property market and steady stock prices.

"There are measures that they are taking to make sure that they have positioned themselves if the event turns out worse than expected or better than expected," Mr Shaari said in a Bloomberg Television interview on Wednesday. Of course, the optimistic tone in markets could change quickly if China's implementation of the security law proves harsher than expected.

 

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