Hong Kong, which describes itself as Asia’s World City, is facing a crisis of confidence. Its status as a leading international financial hub has been damaged by three years of border closures and pandemic restrictions. People are leaving the city at record rates and taking their capital with them. The government is searching for ways to revive the city’s fortunes.
Attention has turned to ESG investing and green bond financing. As the government in Beijing looks for new areas of development, ESG has been identified as an area crucial to long-term growth. The industry will likely attract more capital for investments from government support measures as well as from the private sector, meaning growth rates should be high.
This story is from the June 2023 edition of Tatler Hong Kong.
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This story is from the June 2023 edition of Tatler Hong Kong.
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