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Yale Scholar Roach: Hong Kong Is Changing; Old Hong Kong Is Finished.

Stephen Roach, former chief economist for Morgan Stanley Asia and now a senior fellow at Yale Law School, who was once a "longtime friend" of Beijing's propaganda, wrote an article in 2024 stating that "Hong Kong is over." He recently wrote another article stating that "Yes, the Hong Kong of Old is Over," noting that although Hong Kong regained global IPO dominance last year...
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Stephen Roach, former chief economist for Morgan Stanley Asia and now a senior fellow at Yale Law School, who was once a "longtime friend" of Beijing's propaganda, wrote an article in 2024 stating that "Hong Kong is over." He recently wrote another article stating that "Yes, the Hong Kong of Old is Over," noting that although Hong Kong regained global IPO dominance last year...

·New York, United States
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To compete with other financial markets, the Hong Kong Stock Exchange will be much less interested in listing companies with multiple voting shares.

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L'AGEFI broke the news on Tuesday, July 28, 2026.
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