Hong Kong can be a hub, not just for capital going into China, but also funds coming out of mainland for M&A, ex-SFC chairman says


Source: scmp.com scmp.com

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Hong Kong, which is already a fundraising centre for mainland Chinese companies, can also become a hub for such firms when it comes to mergers and acquisitions abroad, said a former regulator. With its strong capital markets, rule of law and a large pool of English-speaking financial professionals, Hong Kong is an ideal platform for Chinese companies conducting M&A deals involving overseas targets, Anthony Neoh , the former chairman of the Securities and Futures Commission (SFC) from 1995 to 1998, told the Post . “Hong Kong could become a financing hub, not just for capital going into China, but also...