Macro Insights Weekly - A health-check on Hong Kong SAR

To write-off Hong Kong is premature. It continues to rest on several constructive growth pillars, encompassing business-friendly rule of law, financial market depth, and a liberal immigration regime.
Hong Kong’s institutional strength is world class, with top decile ranking in many indicators.
It’s a hub for asset and wealth management. HK-domiciled funds have soared in recent years.
Business ties between China and EU/ASEAN remain strong, helping Hong Kong’s capital markets.
The authorities have ramped up efforts to attract skilled immigrants.
Economic and financial market returns have been disappointing, but Hong Kong’s game is not over.