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The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China. By Alexandra Stevenson Reporting from Hong Kong ...

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China still places strong capital controls to manage flows in and out of the border, with a few connect schemes permitting capital to be deployed in some key offshore market such as Hong Kong.

Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.

“Singapore and Taiwan will be more like the Hong Kong market compared with Europe,” she said. “Our strategy will be based on different markets, as the demand in every market is different.