News Snapshot:
[US warning about HK signals Washington could do ‘a lot more,’ lawyer says] The US has issued a warning to US companies operating in Hong Kong signaling that Washington could take further action, says a lawyer who specialises in international trade compliance. Adam Smith, a partner at law firm Gibson, Dunn & Crutcher, said Friday’s financial and regulatory risks advisory was “quite substantial” but it “doesn’t actually do anything with respect to changing the rules” right now. However, it does indicate “there’s a lot more the US could do” from a policy perspective, he told CNBC’s “Capital Connection” on Monday....
