Trade War/Huawei/Liquidity/UK & PRC/Hong Kong

Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p>Ms Carrie Lam’s extradition bill has been shelved but Hong Kong’s protesters want it to be permanently abandoned and along with it Ms Lam’s head. Whether or not these demands are met, the bill is as good as dead and Ms Lam’s days are numbered. Here’s the surprise – the bill which if passed would wreck Hong Kong’s international reputation is not Beijing’s interest. China’s leadership has big plans for Hong Kong that depend on leveraging the One Country, Two Systems and the island’s independent globally recognised legal system.</p>

Ms Carrie Lam’s extradition bill has been shelved but Hong Kong’s protesters want it to be permanently abandoned and along with it Ms Lam’s head. Whether or not these demands are met, the bill is as good as dead and Ms Lam’s days are numbered. Here’s the surprise – the bill which if passed would wreck Hong Kong’s international reputation is not Beijing’s interest. China’s leadership has big plans for Hong Kong that depend on leveraging the One Country, Two Systems and the island’s independent globally recognised legal system.

MSCI AC Asia ex Japan Index (MXASJ INDEX)

Hong Kong's Carrie Lam - A Judgement Void