A Radical Transformation Propels Hong Kong into Financial Prominence

It was not long ago that China was deemed 'uninvestable' by the financial world, causing Hong Kong's financial reputation to plummet. However, in a surprising turn of events, investors are flocking back in great numbers. Hong Kong is capitalizing on every crisis as an opportunity. The city is expanding its financial services, including activities like borrowing and hedging the yuan within mainland China and delving into innovative financial tools such as blockchain currency tokenisation, transforming itself into a diverse hub of cross-border finance and banking. Conventional belief once foretold Hong Kong's downfall in the fierce trade and technology war between…