Markets by Trading view
The capital provided by Hong Kong’s markets will be crucial in financing China’s – and the wider region’s – path to a net-zero future. It will be to Hong Kong that businesses and entrepreneurs across Asia look to find the capital needed to build the green infrastructure and the transformative products of the future. As economies across the continent continue to develop, and become more economically sophisticated, it will be cash originating in Hong Kong that will wean them off coal and onto green energy.
Standard Chartered or StanChart is not a bank that is shy about it’s aspirations when it comes to China. Many of the speakers at this year’s Sibos have talked about China as well. Apart from CBDCs, digital transformation and the generous plethora of leaders involved in this years’ event, the Regulator and the Customer were also talking points.
One common thing we hear from our clients is that opening a business account with traditional banks in Hong Kong is overwhelming. Which is indeed the case. Opening a business account in Hong Kong requires time, and possibly money without any guarantee that the bank account will be opened in the end. The two most cited struggles are administrative requirements and physical visits. whereas at Statrys we make corporate customers’ life easier by simplifying the process - with only 10 minutes of time required - and being 100% online, so if you have access to the internet, you have access to Statrys.

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