Govt plans scrutiny of new portfolio investors from China, Hong Kong

VCCircle | May 22, 2020 at 12:47 PM

India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows during the coronavirus pandemic.

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Hong Kong bankers worry that new laws could lead to capital flight

Fox Business | May 22, 2020 at 12:05 PM

China’s plan to impose national security legislation in Hong Kong is expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said on Friday.

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