Home News Geopolitics

Focus on Hong Kong-Singapore link misses point, says Temasek CEO Ho Ching

Bloomberg
Bloomberg10/29/2019 08:42 AM GMT+08  • 2 min read
Focus on Hong Kong-Singapore link misses point, says Temasek CEO Ho Ching
(Oct 29): The focus on Hong Kong people and money moving to Singapore misses the point -- there is an outflow of talent and funds from the city to centres all over the world, Ho Ching, head of the Singapore investment firm Temasek Holdings, said.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

(Oct 29): The focus on Hong Kong people and money moving to Singapore misses the point -- there is an outflow of talent and funds from the city to centres all over the world, Ho Ching, head of the Singapore investment firm Temasek Holdings, said.

“Being obsessed with the movement of some money and people to Singapore – and ignoring the movement of people and money elsewhere to USA, Canada, Australia, UK, especially for their professional talents – just misses the point,” said Ho, who’s married to Singapore’s Prime Minister Lee Hsien Loong.

Hong Kong has been wracked by more than four months of social unrest, sparked by a proposed law to allow extraditions to places including China. Chief Executive Carrie Lam eventually withdrew the bill but protesters expanded their demands to include direct elections for the city’s top job — something Hong Kong has never had.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.