Hong Kong residents are looking for an escape route overseas. They’re facing a so-called national security law that could erode the region’s rule of law and surrender its freedoms to the Chinese mainland.
One local businessman is selling all his Hong Kong properties and has already transferred $10 million to Singapore. He’ll live there from now on.
Another investment banker will relocate his family to Australia so that his kids can have a better environment growing up.
And they’re not alone.