Hong Kong facing critical moment in seizing Greater Bay Area opportunities, warns trading tycoon


Hong Kong cannot afford to miss the opportunities offered by the Greater Bay Area development and must re-establish the city’s lost position as the business centre for overseas Chinese, leading businessman Victor Fung Kwok-king has told the Post.

The Fung Group chairman issued the warning on Wednesday, saying the financial hub needed to embrace the economic zone encompassing 70 million people across Hong Kong, Macau and nine cities in Guangdong province and reconstruct its battered economy in a post-Covid-19 world.

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