The Pandemic and the Financial Crisis in the Offshore Market

A lot of private equity company even with a Mingnan Chinese background and Chinese tycoons in Hong Kong are starting to move away from Hong Kong to Singapore. After the crackdown in Hong Kong many financial firms are still watching how bad the situation will get but many people already in the financial sector already prepare for the worst. If everything gets politicized then this kind of lack of freedom not only affect the dissidents but eventually will affect the other areas of governance from health care public health to financial regulation.