'Jack The Insider' has an amusing piece that's just appeared on 'The Australian' site.
While largely about Western Australia's ineffective hermit kingdom, he makes this point, similar to a question asked at the QIP AGM:
"...Hong Kong is shut down at night. As with China, entrants to Hong Kong must enter into quarantine for a 14-day period. Hong Kong creates an estimated 20 per cent to China’s GDP.Quarantine rules are starting to see businesses in the financial sector move to Singapore and elsewhere in the Asia-Pacific..."
Over time, my hypothesis is this will be good for QIP given its base of Mandarin (and perhaps Cantonese) speakers in Malaysia, and their ability to travel through JB to Singapore if required to meet clients.
QIP Price at posting:
$1.39 Sentiment: Hold Disclosure: Held
