The LP View: HK fund managers, startups in catch-22 situation amid intensifying China-US tensions

The LP View: HK fund managers, startups in catch-22 situation amid intensifying China-US tensions

FILE PHOTO: U.S. and Chinese flags are seen through broken glass in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration

Startups and fund managers in Hong Kong are caught in the crossfires of worsening China-US geopolitical tensions, with global investors turning away from almost anything China-related, according to a top executive at Hong Kong-headquartered investment bank DL Securities.

Edited by: Joymitra Rai

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