"Sometimes there's an arbitrage, but not many can take advantage of that arbitrage, " said Sullivan at Piper Jaffray, referring to the divergence between the Hong Kong and Shanghai listed shares of those companies.
The Department of City Planning report even cites conversion to hotels and condos as one of the drags on the ability of Midtown East to compete with the likes of Shanghai and Hong Kong.
HSBC, the giant global bank with Hong Kong and Shanghai in its name, believes professional money managers are very under-invested in emerging markets like China.
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Tam opened a shop in Shanghai's upscale Xintiandi district and Beijing's China World in 2004, and later paired up with Disney for "Year of the Mouse" projects in Shanghai and Hong Kong.
The bottom line: If continued, sales of Chinese listed banks shares by foreign institutional investors could cause a major correction of the Shanghai and Hong Kong Exchanges.
The recent selling has helped fuel a sharp selloff in Shanghai and Hong Kong, pushing those markets into losses for the year and making them among the worst performers in the world.
At the moment there may be no more exciting markets in the world than those in Hong Kong, Shanghai and Shenzhen.
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Here is why: Before floated in the Shanghai and the Hong Kong Exchanges, Chinese banks operated as government departments, within a central planning environment of controlled interest rates and government mandates.
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Chinese stocks were higher ahead of the data, with Hong Kong's Hang Seng Index up 0.9% and the Shanghai Composite Index 2.1% higher.
Chinese stocks were higher ahead of the data, with Hong Kong's Hang Seng Index up 0.5% and the Shanghai Composite Index 1.1% higher.
Representatives of 35 companies are accompanying them on the six-day visit to Shanghai and Hong Kong.
The couple still have a house in Boston, and an apartment in Hong Kong, but Shanghai is where they see themselves for the long term.
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At the top end of the international spectrum, Shanghai, Finland, South Korea, Canada, Japan, Hong Kong and the Netherlands are among a select group of school systems with very high results and high levels of fairness, where pupils can succeed regardless of background.
But the performance diverged for some resource sector shares in Hong Kong and Shanghai.
Chinese stocks will probably not be so fortunate, with markets in both Hong Kong and Shanghai set to finish the week lower amid fears that Beijing will implement further tightening measures to control prices in the residential property market.
The Hang Seng Index in Hong Kong fell 0.2% while the Shanghai Composite was up 0.1%, and both were up 2.1% and 1.3% respectively for the week so far.
The best students he has taught on MBA courses in Hong Kong and Shanghai have typically worked for developed-country multinationals.
Hong Kong's Hang Seng Index and the Shanghai Composite Index each gained 1.2%, to 18256.20 and 2412.39, respective, while Japan's Nikkei Stock Average and South Korea's Kospi each rose 2.3%, to 8477.82 and 1856.52, respectively.
Japan's Nikkei ended February with an 11% gain, while benchmarks in Hong Kong, Shanghai, Seoul and Sydney finished the month higher by 6.3%, 5.9%, 3.8% and 0.8%, respectively.
However, HSBC (what was Hong Kong and Shanghai Bank, and one of the largest banks in the world) seems to think that you really, really need to know exactly where the nearest bank branch is.
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In addition to the airports serving Beijing, Shanghai, Guangzhou, Hong Kong, Singapore and Hanoi, restrictions have also been introduced in Toronto after an elderly couple returning from Hong Kong brought the disease to Canada, where there have now been more than 300 reported cases.
In addition to the airports serving Beijing, Shanghai, Guanghzou, Hong Kong, Singapore and Hanoi, restrictions have also been introduced in Toronto after an elderly couple returning from Hong Kong brought the disease to Canada, where there have now been more than 200 reported cases.
Staff purchases included tens of thousands of pounds on travel to places such as Washington, Delhi, Shanghai, Helsinki, Hong Kong and the Caribbean.
The BFC is taking designers to Hong Kong next month, and to Beijing and Shanghai next year, says Harold Tillman, its chairman (pointing to Paul Smith and Stella McCartney as examples of global British names who started small).
Shanghai students comfortably pipped the South Koreans, Singaporeans and Hong Kong Chinese, with only eccentric Finns bucking the Western-slacker trend.
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Look for ETFs that own stocks traded in Shanghai, Hong Kong and Mexico City, since the yuan, the HK dollar and the peso have been relatively steady against the dollar.
Markets in Hong Kong, Taipei and Shanghai, among others, remained closed for the Lunar New Year holidays.
But I believe the future of the City is under threat not from New York or Frankfurt but from Hong Kong, Singapore and Shanghai.
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