Property News · November 17, 2020

With Tokyo posing a challenge to Hong Kong’s financial hub crown, are companies likely to head for Japan? Analysts weigh in


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

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