On Monday, the United States confirmed it would stop exporting defence equipment and certain hi-tech products to Hong Kong due the proposed national security law, which was eventually passed in Beijing on Tuesday. Photo: AP
On Monday, the United States confirmed it would stop exporting defence equipment and certain hi-tech products to Hong Kong due the proposed national security law, which was eventually passed in Beijing on Tuesday. Photo: AP

Hong Kong’s role in funding Chinese tech firms could be cemented by US-China rivalry, analysts say

  • Tensions between Beijing and Washington over the Hong Kong national security law has raised questions over the future of the city as an international financial hub
  • But the likes of Alibaba, JD.com and NetEase have obtained secondary stock market listings in Hong Kong, fearful of losing access to American capital markets

On Monday, the United States confirmed it would stop exporting defence equipment and certain hi-tech products to Hong Kong due the proposed national security law, which was eventually passed in Beijing on Tuesday. Photo: AP
On Monday, the United States confirmed it would stop exporting defence equipment and certain hi-tech products to Hong Kong due the proposed national security law, which was eventually passed in Beijing on Tuesday. Photo: AP
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