Does the year 2047 feel soon to you? Probably not. But it might if you were one of Hong Kong’s super-wealthy families. After all, 27 years is only really one generation away.
The year is fixed in the minds of Hong Kong investors, one of the reasons why money from the island keeps flowing in to London and UK real estate, and one which, after the events of the past couple of weeks, feels a lot closer.
When the UK transferred sovereignty of Hong Kong to China in 1997, China agreed to maintain “one country, two systems” for at least 50 years, leaving Hong Kong with its own democratic legal and political apparatus.But in the past 12 months, those assurances have seemed less concrete. Last summer,…
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