How Hong Kong's Banks Turned Chinese
As China celebrates the 20th anniversary of Great Britain's handover of Hong Kong to Chinese control, it can celebrate another type of takeover: the city's financial sector.
by Rob Schmitz
Jun 30, 2017
2 minutes
Each morning, a white-shirted army of bankers fills the crosswalks of Hong Kong, stopping and starting in unison to the ubiquitous chirping of the city's crosswalk signals, a sound eerily reminiscent of a Las Vegas slot machine room. Twenty years ago the traders and account managers crossing these streets were mostly expatriates and local Hong Kongers, and when they arrived to the office, much of their business was done
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