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Hong Kong is playing second fiddle to Singapore because of the overpowering influence of its business tycoons, an ACGA-CLSA study on corporate governance shows, citing Sun Hung Kai as an example.
CT talks to Angelica Kwan (pictured), US tax partner at PwC's Hong Kong office, on why CFOs at financial institutions should get ready for Uncle Sam’s latest attempt to levy a new 30% withholding tax on US-related deals.