Asset owners fear for HK’s future amid rising tensions

Hong Kong's ongoing political turmoil could cause longstanding damage to the city’s image, hindering its ability to compete with Singapore as a destination for overseas investors and companies, according to senior executives at asset owners, fund managers and law firms.  Protests around the territory’s postponed extradition law, which started on March 31, stretched into Sunday (July 21), with violent clashes in Central – and later an ugly set of attacks by apparently gang-affiliat…