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Commercial Awareness Discussion
Commercial Awareness Update - June 2019
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<blockquote data-quote="Angel" data-source="post: 11947" data-attributes="member: 980"><p>Hi, guys! </p><p></p><p>I came across this recent article by BBC on how the 'dead' HK extradition bill can still affect businesses. Just to recapitulate the article, the seemingly 'withdrawn' bill for the time-being may still potentially affect businesses in the following ways: </p><p></p><p>1. Private banking clients are already considering moving their funds away from HK in order to gain more stability;</p><p>2. The risk premium to operate businesses in HK have increased;</p><p>3. Tourism to HK have decreased;</p><p>4. Retail business plunged;</p><p>5. Companies with HQs in HK are actively exploring places outside of HK to move to. Lawyers will play an active role in assisting clients to move should they really decide to do so. </p><p></p><p>This is the link to the article - <a href="https://www.bbc.co.uk/news/business-48946246" target="_blank">https://www.bbc.co.uk/news/business-48946246</a></p><p></p><p><a href="https://www.thecorporatelawacademy.com/forum/threads/commercial-awareness-update-june-2019.1451/threads/commercial-awareness-update-june-2019.1451/#post-11946" target="_blank">#11</a></p></blockquote><p></p>
[QUOTE="Angel, post: 11947, member: 980"] Hi, guys! I came across this recent article by BBC on how the 'dead' HK extradition bill can still affect businesses. Just to recapitulate the article, the seemingly 'withdrawn' bill for the time-being may still potentially affect businesses in the following ways: 1. Private banking clients are already considering moving their funds away from HK in order to gain more stability; 2. The risk premium to operate businesses in HK have increased; 3. Tourism to HK have decreased; 4. Retail business plunged; 5. Companies with HQs in HK are actively exploring places outside of HK to move to. Lawyers will play an active role in assisting clients to move should they really decide to do so. This is the link to the article - [URL]https://www.bbc.co.uk/news/business-48946246[/URL] [URL='https://www.thecorporatelawacademy.com/forum/threads/commercial-awareness-update-june-2019.1451/threads/commercial-awareness-update-june-2019.1451/#post-11946']#11[/URL] [/QUOTE]
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Commercial Awareness Update - June 2019
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