Hong Kong must invest in Africa-Asia financial corridor, government adviser FSDC urges

Hong Kong should focus on connecting its capital markets with African financial centres so that companies and Belt and Road Initiative projects on the continent can raise funds in the city, according to a council that advises the government on development strategy. In addition to being a funding source for commercial enterprises and infrastructure projects, Hong Kong could be a place for wealthy Africans to set up family offices to manage their wealth, succession and charitable activities, the...