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Occupying central may weaken HK bargaining power in front of Beijing

出自香港新聞網 - 樹仁新傳系學生實習習作

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(Your report is almost two days late)


By Au Ka Chun


Julia Leung Fung-yee, the former Under Secretary for Financial Services and the Treasury, said that the Occupying
Central makes Hong Kong lost its bargaining power in front of Beijing’s government.'


Shanghai-Hong Kong Stock Connect program is expected to be launched before November, but the program still has
not confirmed the launch date. Some claim that the Occupying Central is the reason of the late launch of program.
Leung said that it is possible for Hong Kong to lost its bargaining power in front of Beijing and Beijing may not
implement financial support scheme in Hong Kong anymore.


Leung said that Hong Kong’s advantages are having both Chinese-funded and Western-funded companies, so it is
the reason of launching the stock connect program in Hong Kong instead of other places like Singapore or Shanghai.


Considering of the Occupying Central, Leung said that instead of the affecting the financial market, investors’ confidence
and how Beijing perceived Hong Kong are affected.


--125172 2014年10月14日 (二) 21:09 (UTC)

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