Hong Kong

Hong Kong SAR has faced a couple of rough years: protests brought parts of the city to a grinding halt for several months, then the Covid-19 pandemic hit the economy. So far, 2021 has not been easy as the city continues to fight the spread of the virus and tries to position itself for recovery when its borders and businesses are fully open again.

The 31st annual Asiamoney Brokers Poll invited chief investment officers, fund managers and investment analysts to take part. Voters represented fund management houses, hedge fund & private equity firms, insurance companies and wealth management houses in Asia, Europe and North America.

China’s decision to clamp down on Ant Group has derailed an IPO of at least $34 billion, despite execution being finished last week. The move appears to be little more than political muscle-flexing by Beijing. The real winners will be the country’s critics.

Angel Ng has spent more than two decades working at Citi. She has now become a key role model for women in Hong Kong.

Carrie Chen learned long ago that she could prosper in her career without trying to beat male bankers at their own game.

Ant Group’s choice of Hong Kong and Shanghai for its listing signals how flush the two markets are with liquidity. But the upcoming US presidential elections have issuers worried.

Haitong International Securities

Citi’s importance to Hong Kong and its standing among the city’s largest corporations and families is well established. After all, the US bank has a 118-year presence in Hong Kong. Under Angel Ng, who has been Citi’s Hong Kong chief executive since May 2018, the firm has only cemented its position further.