Yoshitaka Kitao, CEO of Japanese financial services group SBI Holdings. Photo: Kyodo
Yoshitaka Kitao, CEO of Japanese financial services group SBI Holdings. Photo: Kyodo

Japanese firms are ‘afraid’ and will leave Hong Kong due to China crackdown, SBI boss Yoshitaka Kitao says

  • Kitao highlighted Beijing’s national security law as a reason Hong Kong was now ‘not a good place for financial institutions’
  • ‘If I want to do business in China, I would rather have an office in Beijing or Shanghai or somewhere,’ he said

Topic |   Banking & finance
Yoshitaka Kitao, CEO of Japanese financial services group SBI Holdings. Photo: Kyodo
Yoshitaka Kitao, CEO of Japanese financial services group SBI Holdings. Photo: Kyodo
READ FULL ARTICLE