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06-04-2016, 07:40 PM
(This post was last modified: 06-04-2016, 07:50 PM by specuvestor.)
By 2047 when the 50 year self-rule is up, there will likely be more mainland Chinese than HKers in HK. By then HK probably will be another Chinese tier one city. I'm not sure if it will be the financial center of China like NY to US, but maybe more like Chicago
China is patient as long as people don't gao-gao-zhen (Cantonese)
If I am a mainlander I would park funds offshore in Singapore than in HK. It is obvious that HK is for transactional purpose and offshore Singapore or elsewhere is for wealth purpose
China only has 2 tenants in foreign policy: patience and self-serving, be it Angola or spratly. If they have a choice they can't be bothered to join UN peacekeeping troops
China is patient as long as people don't gao-gao-zhen (Cantonese)
If I am a mainlander I would park funds offshore in Singapore than in HK. It is obvious that HK is for transactional purpose and offshore Singapore or elsewhere is for wealth purpose
China only has 2 tenants in foreign policy: patience and self-serving, be it Angola or spratly. If they have a choice they can't be bothered to join UN peacekeeping troops
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)