Since the 1990s, Hong Kong and Singapore have jostled for dominance over the bulk of Asia’s financial markets activity. Market participants in both cities believe their respective metropolis’ are uniquely positioned to act as a gateway to the rest of the region for trade and commerce, with both cities situated within five hours of 40% of the world’s population and operating under governments that provide both manufacturing companies and trading firms with attractive environments to operate within.
By Musheer Ahmed, Senior Consultant, Co-Head HK Risk and Regulations