With the political turmoil in Hong Kong, concerns about Hong Kong companies are growing
The new round of political unrest that has engulfed Hong Kong in recent days has renewed concerns about capital outflows from one of the world's largest financial centres. Although so far there is little evidence that investors, large companies or foreign residents are scrambling to transfer money, but the emergence of China's national security bill and the US response that it can no longer prove Hong Kong's political autonomy have raised concerns.
Executive Solutions Ltd works closely with clients to set up china virtual office, helping you to enter the Chinese market at lowest prices in China. Contact us at 31882245 to make doing business in China simple and easy!The move comes after Hong Kong was pushed into a deep economic crisis over the past year, triggered by political turmoil and an outbreak of the coronavirus since late January. There is growing concern that Beijing's latest intervention will eventually undermine confidence in the city's cherished legal system.
How to use company seal hong kong? In Hong Kong, under the New Companies Ordinance (NCO), companies are no longer required to have a common seal. Contact Executive Solutions Ltd to know more.The US Secretary of State's statement on Hong Kong on Wednesday is likely to have a far-reaching impact on Hong Kong's special trade status with the United States.
The chief economist of Daiwa Capital Market Asia excluding Japan said: "Hong Kong's international financial centre is built on a huge pool of talents and foreigners." "A lot of people may leave. They will also take their money. " For international investors and executives, much will depend on the details of China's new security law, its impact on Hong Kong's justice, and how the US chooses to respond.Related articles: