With the run-up @HKEXGroup is within a smidgen of surpassing @CMEGroup as world's most valuable exchange
Hong Kong’s bourse reaps benefits of China homecomingshttps://www.ft.com/content/bf7a8890-16f3-4821-81a0-8d0c4ab3a7e7 …
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That's the fear, certainly. You're not convinced by the counter- that China is too big to ignore, people want exposure to flows in and out, and therefore that's via HK and not Shanghai for the foreseeable?
I agree with that thesis in the short term - ultimately I think China will make Hong Kong = Shanghai, the only question is how fast does that happen and where to cos stand on the “bow to china to make $” problem
