When China announced it would impose new national-security laws on Hong Kong, the international community interpreted the move as signaling an end to the “one country, two systems” framework that’s been in place since 1997 and protected Hong Kong’s autonomy. Now, investors are wondering how quickly Hong Kong will lose its special status designation by the international community. This report delves into what the implications are for Hong Kong trade, its standing as a global financial center, and its equity market.
Related ETF: iShares MSCI Hong Kong ETF (EWH)
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