Japan is bent on turning Tokyo into Asia’s top finance hub, sensing that rival Hong Kong has been weakened by its political turmoil.The Japanese government announced this month that a financial services agency will soon be launched to oversee the registration and supervision in English of Hong Kong-based foreign asset managers. It has also set up an office in Hong Kong to advise companies mulling a move to Tokyo.But will these initiatives have an effect on demand for office properties and…
Source : South China Morning Post
Read more…With Tokyo posing a challenge to Hong Kong’s financial hub crown, are companies likely to head for Japan? Analysts weigh in
