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Stock impact report

Post-Coronavirus Hong Kong: Abiding Strategic Relevance [Forbes]

BANK OF CHINA UNSP/ADR (BACHY) 
NASDAQ:AMEX Investor Relations: boc.cn/en/investor
Company Research Source: Forbes
The Bank of China in Central, Hong Kong.GettyThe mass protests against the government in Hong Kong stopped with the eruption of COVID-19. It was only a pause as all the underlying conditions that fueled the protests are still there. As the COVID-19 pandemic is slowly coming under control, attention is also returning to the confrontation between protesters and the government in Hong Kong. On April 18, the government arrested 14 veteran pro-democracy leaders, charging them with organizing and participating in “unlawful assemblies last summer and fall.” It is as if the government has fired a warning shot across the bow to warn protesters to stay off the streets after Hong Kong has recovered from COVID-19.What may happen in post-COVID-19 Hong Kong is anyone’s guess. But this is the right time to review the strategic position of Hong Kong in relation to mainland China in terms of finance and trade, which is the larger context needed for a better understanding of how China’s longer term dev Show less Read more
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