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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: westpacific who wrote (68790)11/30/2010 2:55:41 AM
From: TobagoJack  Read Replies (1) of 217786
 
the vice chairman for general electric shall move to hong kong in the new year, and latest update is that he would be accompanied initially by less than a dozen top staff, with portfolio for all ge global operations ex-usa

implications

- freedom hk patronized by beijing is tee-ed up as opposed to universal suffrage lapdog singapore as sponsored by washington
- new zealand was not even considered
- where ge leads, other usa companies would follow
- top staff shall need to relocate middle staff, and middle staff shall hire bottom staff
- the usual hangers-on, law and other corporate service providers would have to follow or expand existing hk presence
- housing subsidy for top staff around usd 20k per month
- hk real estate continues to be under-appreciated, relative to gold
- hkg school space shall be further stretched

all the motion follows on to the moving of hsbc c-class officers from london to hk earlier this year

folks are voting with their feet and wallets

and to be closer to the new sovereign
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