If not coordinated, the Hong Kong Wealth Connect’s recent opening and the relisting of Didi enable a similar outcome- balancing China’s stock of portfolio assets onshore and offshore. Under the guise of national security, the Chinese Government is expanding its control of technology firms while enhancing opportunities for mainland investors in Hong Kong markets.
The Hong Kong Peg, Relistings & Portfolio…
If not coordinated, the Hong Kong Wealth Connect’s recent opening and the relisting of Didi enable a similar outcome- balancing China’s stock of portfolio assets onshore and offshore. Under the guise of national security, the Chinese Government is expanding its control of technology firms while enhancing opportunities for mainland investors in Hong Kong markets.