Posted FWIW....
As the least qualified member to discuss anything so difficult to understand, this headline caught my eye.
https://www.bloomberg.com/news/articles/2017-09-28/hong-kong-courts-483-trillion-derivatives-market-as-mifid-looms
483 trillion of anything seems to be something important enough to at least look at.
The article has to do with Brexit and the Hong Kong derivatives hub. Surely an issue that will be settled, but the interim period could stir some nerves in financial quarters.
Some CIA factbook info on Hong Kong and the Shanghai markets here, under the "Economy" tab:
https://www.cia.gov/library/publications/the-world-factbook/geos/hk.html
As the least qualified member to discuss anything so difficult to understand, this headline caught my eye.
https://www.bloomberg.com/news/articles/2017-09-28/hong-kong-courts-483-trillion-derivatives-market-as-mifid-looms
483 trillion of anything seems to be something important enough to at least look at.
The article has to do with Brexit and the Hong Kong derivatives hub. Surely an issue that will be settled, but the interim period could stir some nerves in financial quarters.
Some CIA factbook info on Hong Kong and the Shanghai markets here, under the "Economy" tab:
https://www.cia.gov/library/publications/the-world-factbook/geos/hk.html
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