Companies are giving up their office space in Hong Kong at an almost unprecedented rate as the economy tanks in the wake of Covid-19, which piled further misery on top of the city’s year-long political crisis.But observers say there is a glimmer of hope for the world’s most expensive office market: mainland Chinese firms setting up shop as they embark on secondary stock listings in the city amid rising tension between Beijing and Washington.With the Trump administration pushing legislation that…
from South China Morning Post https://www.scmp.com/business/article/3093333/mainland-chinese-firms-seeking-hong-kong-listings-amid-us-hostility-may
Thursday, July 16, 2020
Mainland Chinese firms seeking Hong Kong listings amid US hostility may help buoy flagging office rental market as space the size of Lippo Centre abandoned
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