It would be a ‘serious mistake’ to jeopardise Hong Kong’s special status, which is fundamental to its role as an attractive investment destination and international financial hub, the US Chamber of Commerce said this week. Photo: Felix Wong

Could American banks get caught in the middle of US-China rift over Hong Kong?

  • A gateway to China, Hong Kong also serves as an important regional hub for America’s largest lenders
  • American banks accounted for about 5 per cent of total assets in the city last year, according to HKMA
Topic |   Banking & Finance
It would be a ‘serious mistake’ to jeopardise Hong Kong’s special status, which is fundamental to its role as an attractive investment destination and international financial hub, the US Chamber of Commerce said this week. Photo: Felix Wong
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