22 May 2020
BDA’s Euan Rellie talks to SCMP on the new Hong Kong security law
South China Morning Post
by Mark Magnier, Jodi Xu Klein
The new Hong Kong security law “may push institutional investors and private equity firms to consider neighbouring countries instead. Singapore, Korea, Taiwan and Vietnam will all benefit, at Hong Kong’s expense,” said Euan Rellie, an investment bank with a focus on Asia. “The new law is likely to come at significant financial and diplomatic cost,” he said. “We’ve seen the Hong Kong dollar weaken against the US dollar already. I expect the Hong Kong stock exchange will suffer.”
