Experts dismiss back-office shift to Shenzhen
A proposal by the HKMA that urges asset managers in Hong Kong to move back-office functions to Qianhai is over ambitious and won't work without incentives, say industry figures.
A proposal by Hong Kong's central bank for fund managers to shift back-office operations to Qianhai is overly ambitious and will only succeed if government incentives are provided, say industry figures.
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